Wednesday, May 22, 2019

Get ready for difficult times, China's Xi warns during trade war
Read more at https://www.channelnewsasia.com/news/business/get-ready-for-difficult-times--china-s-xi-warns-during-trade-war-11555348

 (Updated: )

Lam Chian Leong
President Xi Jinping say "Only by having indigenous intellectual property and core technology can products possessing core competitiveness be produced, and only then can an invincible position(立于不败之地)be attained amid fierce competition."

China must master more core technologies and seize the "high ground" in industrial development, he added.

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Posted on :- 21 May 2019 04:29PM (Updated: 21 May 2019 04:41PM)

Lam Chian Leong
四句真言 :-

(1)立于不败之地。
(2)背水一战。
(3)起死回生。
(4)收回失地。

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4 Strategies :-

(1) Domestic market of 1.45 billion people - as your base.

(2) Develop own OS, develop apps that can surpass google apps, assemble other mobile apps developers to develop similar apps for Huawei, customer-buy in.
Good apps attract customers - and can beat competition.

(3) Arise from "extreme challenges" and "emerge stronger".

(4) Recover market and lost ground and gain new ground.
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Poi Pat
Singapore is also trying to achieve innovation and technology improvements to drive its economy according to the latest message from 5G government. Perhaps they should learn from China by getting young generations to learn hardship lessons of the past.
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