China is creating its own IP, but so far, primarily for use inside China. Far more people inside China use U.S. IP, than vice versa.
China are trying to transform their economy to be more internally self-sufficient, and are making progress. But the position they hold in the world now, at least economically, was built by manufacturing for export based on foreign IP.
I'm not trying to say that the Chinese people are dumber than Americans--they're not. I'm talking about the macro-economics of how we got to where we are today.
China are trying to transform their economy to be more internally self-sufficient, and are making progress. But the position they hold in the world now, at least economically, was built by manufacturing for export based on foreign IP.
I'm not trying to say that the Chinese people are dumber than Americans--they're not. I'm talking about the macro-economics of how we got to where we are today.