Thinking about hi-tech and Shenzhen? Well, actually Alibaba isn’t based in Shenzhen, but that said, the idea of setting up platforms to enable exchange and small-scale business is a very Shenzhen strategy of development. Indeed, according to David Li, this strategy distinguishes the Huaqiangbei model of shanzhai maker-ship from the Silicon valley model of R&D. Full article, here.
Image Credit: CNBC
World War III is coming, but it will be a good thing, according to one of Asia’s richest men.
Jack Ma, founder and executive chairman of Alibaba Group (NYSE: BABA), said Tuesday that the Internet and its various platforms will usher in a wave of global conflict. It will not, however, pit countries against each other, but instead will see the likes of China and the U.S. teaming up to defeat societal ills.
“The third world war is going to happen, and this war is not between nations,” Ma said during a speech hosted by the Economic Club of New York. “In this war we work together against the disease, the poverty, the climate change-and I believe this is our future.”
Ma said working to incite such a conflict is his life’s passion, and Alibaba’s mission of globalizing e-commerce can help.
“It’s not about the…
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