
The Truth About China's Competitive Advantage - E728
- Interview
- Business & money
Jianggan Li returns for a China read: Europe's run on Chinese air conditioners, the humanoid robot games, Shein's discounted Hong Kong listing, and what breaks when Chinese firms go abroad. One thread runs through all four. China's advantage is not invention. Midea did not build a better aircon, it read Europe's building codes and engineered to them. Robot hardware raced ahead because engineers ground at it for a year while the software did not. Temu went from someone suggesting a Super Bowl ad to the ad being made in thirty days. The moat is iteration, and Chinese firms are...
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B2 · Upper-intermediate
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but because they would design a way that achieved regulatory compliance.
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 78% of the words are B1 or easier.
- 186 words a minute: natural, fairly fast speech.
- 165 harder words (B2 and up) in the whole episode.
Transcript
The opening of the episode. The whole transcript is in the player.
harder words (B2+)
There was a huge demand for Chinese air cons, not because Chinese air cons were significantly better, but because they would design a way that achieved regulatory compliance. Media success is a function of the competition within China that achieved it. We've spoken with brands in Southeast Asia and Europe, they said,
oh, Chinese brands competing against us. But I said, for most industries, they're just competing against each other. You just happen to be brought into that world because during that competition, those guys managed to innovate products much faster and keep the cost much lower compared to
what was actually expected for that industry. Videos, for example, of shoppers in France, queuing, rushing, sometimes fighting over Made in China AC units have done the rounds
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