Subscribe to the Hey China! YouTube channel: youtube.com/c/HeyChina
With Japan’s Prime Minister Shinzo Abe announcing his resignation and the world’s third-largest economy hit by its biggest slump on record in the second quarter, China transcends the Asian landscape of innovation.
Asia veteran, SAP executive Paul Beddie who has spent nearly three decades on the continent draws a comparison.
He tells Dr. Shirley Yu and Martina Fuchs why Japan will fall even further behind China:
• Japan faces a lack of imagination: «It’s difficult for the large (Japanese) companies to become innovative»
• China dominates in 5G: «China is totally focused on the future»
• China has launched a «moonshot» in industries like EVs, AI, renewable energy
• In the next 1-2 years, there will be parity in AI capability between the US and China
Disclaimer: Hey China! is self-funded and independently run. Opinions expressed are strictly personal.