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Once the World's Great Factory, China Is the Next Great Innov...

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  • renonv

    RenoNV

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    links for by about and of interest to Reno, NV.

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Everyone knows about China's emergence as a global manufacturing power. Well, guess what: the People's Capitalist Republic isn't just emerging or ascending — it's exploding. And not only with boatloads of flatscreen TVs and great gusts of atmospheric carbon. The world's go-to source for low-cost labor is generating mountains of capital, squads of hot new companies, and — surprise! — glimmers of innovation.

Highlighted by brianddrpm

For inspiration, would-be entrepreneurs can look to homegrown rock-star CEOs like Alibaba Group's Jack Ma (age 43), Tencent's Pony Ma (36), and Baidu's US-schooled Robin Li (39).

Highlighted by brianddrpm

Even China's notorious environmental meltdown has an upside: It's both a sharp spur to innovation and the driver of a huge homegrown market for green technologies. The country will soon be the number one maker of windmills and solar cells. Broad Air Conditioning is the global leader in super-efficient cooling systems that can be powered by waste heat — an unmistakable growth opportunity in a power-short, warming world. Shenzhen-based BYD Company, a leading manufacturer of rechargeable batteries, showed up at the Detroit Auto Show earlier this year with a slick plug-in hybrid sedan, scheduled to roll out of Chinese showrooms in time for the summer Olympics.

Highlighted by mehwolfy

Even China's notorious environmental meltdown has an upside: It's both a sharp spur to innovation and the driver of a huge homegrown market for green technologies. The country will soon be the number one maker of windmills and solar cells. Broad Air Conditioning is the global leader in super-efficient cooling systems that can be powered by waste heat — an unmistakable growth opportunity in a power-short, warming world. Shenzhen-based BYD Company, a leading manufacturer of rechargeable batteries, showed up at the Detroit Auto Show earlier this year with a slick plug-in hybrid sedan, scheduled to roll out of Chinese showrooms in time for the summer Olympics.

Highlighted by brianddrpm