Having worked in Chinese tech companies, they are both more and less efficient (fast to execute really).
They're fast because there's no planning being done. Because there's no plan being followed, people can jump on a new project. They're not held up with long term projects and goals.
On the other hand, some large projects are half assed and started fresh over and over because they keep failing due to lack of planning and proper organization infrastructure for execution (processes).
China is notorious for requiring "joint ventures" and other rediculous hoops to invest in China. The US wants free markets to go both ways.
This is just like the trade tarrifs, some pressure to convince China to play by the same rules as other developed countries when it comes to trade and IP
It's only restricting foreign investments from certain countries like China that don't play by the rules. It's like banning someone from your store because they steal stuff.
The "free market" isn't anarchy, it's essentially a bunch of bilateral trade agreements
> It's only restricting foreign investments from certain countries like China that don't play by the rules.
The US generally (in cooperation with Europe) wrote the rules on post-WWII trade.
I think China absolutely does some shady stuff, pathologically lies about doing so, and flaunts international rules they dislike.
But let's not pretend the game wasn't tilted against them (and developing countries) from the start.
There's a reason Trump is having a hard time staffing State and the Pentagon: everyone professionally qualified to serve knows how the current international system serves American interests.
WTO will have little to say on the matter in the same way that it had little to say on the restrictions on trade China has enforced for its domestic market for decades.
The US should do whatever the US thinks it benefits the United States. China from the perspective of the US has the ridiculous restrictions on what American businesses can do. It is the high noon for the US to do the same.
It's like people forgot about the huge controversy surrounding Google doing business in China. The reason so many people were against it is because China was forcing Google to censor its search results to avoid listing anything negative about the Chinese government. The Google images search results for Tiananmen Square in the US vs China are drastically different, and that's not by Google's choosing. That's a demand from the Chinese government.
So let's say you have 5 product managers, 5 project managers, 5 architects. Do you think they should all report directly to the CEO? Or should they report to a... Manager?
Being in a leadership position requires disregarding what people think and feel in order to make the best decision. Also, as you're in the center of attention, it causes cognitive overload. Tuning down empathy is probably required to do the job.
Maybe disregarding what people feel is OK, but disregarding what they think is almost the primary folly the article is describing. Disregarding what people think is almost guaranteed to result in bad decisions.
