00:00This week on WUSIS, we ponder the critical question shaping the global economy.
00:06Can China innovate its way out of America's technology chokehold?
00:10Melissa Idris discusses this with Professor Emeritus Datuk Dr. Wu Wingtai.
00:15It certainly would slow down China for a while.
00:21In fact, it slows down both the US and China.
00:25Because good ideas occur on both sides of the Pacific.
00:32And the partnership between the two countries greatly accelerated the pace of technological improvements.
00:41Just look at Silicon Valley. Look at the engineers.
00:46So many of them, they are doing the new version of the programs of Adobe and so forth.
00:51Over Mainland Chinese educated in the United States.
00:56And if you look at biomedical research, America may design the new bioproduct.
01:11But the testing is done in China.
01:16So there, the collaboration has been good for both countries.
01:21What happens with the present is the global rate of innovation has slowed down.
01:28Because of this Cold War?
01:29Both were both worse off, definitely.
01:32Okay.
01:32We've got to find a way to get along, to be able to settle what we're unhappy about China.
01:41In other words, certain things that China must do is it should honour what it promised in November 1999.
01:53WTO.
01:53WTO.
01:55And the other thing that the Americans are very unhappy about, which they see as unfair competition,
02:02is the intellectual piracy that they observe.
02:08They are able now to track the hacking into the US firms by specific military units in China.
02:19In other words, the army on China, in China, some units of it, based in advanced cities,
02:29spy on US commercial companies, and presumably, they pass this knowledge on to Chinese commercial companies.
02:39So that's unfair competition.
02:41Army spying on army is normal.
02:43In fact, it gives a sense of safety.
02:45I know what you're capable of, and you know what I'm capable of.
02:48But to use an army unit for commercial spying, that crosses a line.
02:57Private companies, spying on private companies, that's also normal.
03:00And we have laws to deal with that.
03:03But how do you hold the military units of a country as responsible?
03:11So that aspect of intellectual piracy has to be amended.
03:17Catch the full conversation of this on all Awani International's social media accounts at Power Affairs.
Comments