Now at a critical juncture in its quest to become a superpower, China is turning to Western regions like the Silicon Valley for help with its next technical leap forward.
China has been the land of me-too companies — startups that copy ideas hatched in the West — as it has emerged as the global leader in manufacturing of computer and electronic gadgets. But now, with its booming economy, bountiful reserves of cash, increasing technological infrastructure, laser-like focus on fostering innovation and the world's largest number of Internet users and mobile-phone subscribers, China is raising the bar in hopes of becoming a technological giant.
"The key to whether China eventually becomes a world superpower — competing with the United States and Europe — is innovation," says Ta-lin Hsu, founder and chairman of Palo Alto-based H&Q Asia Pacific.
From San Jose Mercury News
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