China Drawing High-Tech Research from the US

This story from the New York Times is a few weeks old, but it is relevant to Australian clean tech entrepreneurs considering the China market (as well as their American counterparts). For instance, consider that

  • American companies and their engineers — are being drawn to China as China develops a high-tech economy that increasingly competes directly with the United States (and means double the opportunities for Australians, who may want to partner with a US company, or go it solo into China).
  • The China market is surging for electricity, cars and much more.
  • Western green energy companies in particular are offered many subsidies by Chinese cities and regions.
  • China is leading the way in clean technology research.

(Read more)

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