I know that this is cliche sharing of a Cyrus Janssen video. But there is something bigger going-on that I want to talk about.
This video is about an American hedge fund CEO moving to his company to Shenzen. Why? Because he saw all that rapid innovation going on there. Hence, there are many opportunities for investments.
In another separate story, winemakers and botanists from Europe and South America are also coming to Ningxia. Because that place is rapidly growing into a new reputable wine region. Plus that place is a hotbed for testing out new technologies in farming and viticulture.
China is becoming an exciting place for experts to look for opportunities. It has become the contemporary version of the "land of opportunities". So much so that experts from foreign countries would brave through the social and bureaucratic hurdles to get into China. But it's also not the same as the old concept of the "land of opportunities", because there is no colonialism going on here. Instead, it is mutual respect and cooperation.
One of the main strengths of China right now is it's ability to move forward with serious innovation. Other democracies like the US, Europe, Japan, and India are stuck in political and economic paralysis. By creating an environment that is healthy for innovation, China is also creating more opportunities. And this attracts talents from around the world. It is still early stages, but the future looks good for China, despite all the negative propaganda. The US used to boast that attracting foreign talent is it's ultimate 'special power' vs China. Now, China is also obtaining that 'special power'. This has been a very interesting development to witness these days.