🔵 Watch the full episode👉 https://ept.ms/OutmaneuverChina_FULL
🔵 SURVEY: Your View on the FBI Raid of Trump👉https://ept.ms/3dsTLUU
🔵 Documentary by The Epoch Times, reveals the truth that has been hidden from the American people. Now it’s available FREE online for all viewers through the end of September.👉👉https://ept.ms/3ocCvVY
🔵 The Real Story DVD: https://ept.ms/3cxGVEO, Promo Code “EpochTV” for 20% off.
In this special episode, we continue our series with Michael Sekora, founding director of the Socrates Project within the Reagan White House. In part two, he sheds light on specific examples of how the Socrates Project would tackle challenges, the different approaches between tech-based and finance-based planning, and more.
Sekora noted: “In most cases, what China’s doing is building up their capabilities to eventually push the United States out of that industry, and they take more and more and more. But if you know exactly what China’s technology strategy is, you can play the game to leverage what they have in terms of technology, cheap labor, and whatever without putting them into a position of eventually pushing up, pushing you out of the market … such that you can balance out the cost, you can balance out your near-, mid-, and long-term competitive advantage.”
He added, “So the key is not technology, the key is maneuvering in the technology exploitation. Americans tend to have this idea there’s ‘magical technology’—so if we get the breakthrough in hypervelocity vehicles, we’re going to win the battle … we’re going to be competitive. No. It’s a constant game of maneuvering, it’s a constant game of acquiring, countering, and what have you to maintain that competitive advantage. The competitive advantage can sometimes be big, can sometimes be small. It’s where China, for example, has a national technology strategy to go into technology X. And that technology national technology strategy is being executed by 12 little Chinese companies. Each one of them seems inconsequential. But each one is acquiring a nice little foothold, i.e. a technology isolation offensive, into an industry and into a market, which then they expand, coordinate, and what have you, and then they are a major force. It is a very adroit chess game. But here is the saving grace for the United States and the West: China learned to play that game of technology exploitation chess as a trial and error art, like we talked about, based on serendipity. Socrates does it as a science. That’s how we consistently outmaneuver them, speed, efficiency, and agility.”
⭕️Sign up for our newsletter to stay informed with accurate news without spin. 👉https://newsletter.ntd.com. If the link is blocked, type in NTD.com manually to sign up there.
⭕️ Get NTD on TV 👉 http://www.NTD.com/TV
⭕️ Download EpochTV Ebook for free👉 https://ept.ms/EpochTVEbook_
⭕️Subscribe to our new YouTube channel 👉https://www.youtube.com/channel/UCjz-4y6ts-VF2KSQX-jsnVg?sub_confirmation=1
⭕️Support us in our fight against censorship: https://donorbox.org/ntdtv
💎Save 10% off your next order with the code: NTDNews10
Inspired by Shen Yun Performing Arts, Shen Yun Shop infuses tradition, good values, and artistic beauty into all of our products.
⭕️Watch us on Youmaker 👉 https://www.youmaker.com/c/NTD
If you’d like to share our stories with friends, you can find those stories on our website: https://www.ntd.com/
⭕️BYPASS Censorship: Watch our videos for FREE directly on https://www.ntd.com
⭕️Watch NTD on cable: http://www.NTD.com/TV
💎Looking for real news that doesn’t spin the facts? Try our sister media The Epoch Times digital for $1: http://ept.ms/EpochNews1
💎Sign the petition to investigate, condemn, and reject the Chinese Communist Party
NTD News Today https://bit.ly/NTDNewsTodayFullBroadcast
NTD Evening News http://bit.ly/NTDEveningNewsFullBroadcast
NTD Business http://bit.ly/NTDBusinessFullBroadcast
How the Specter of Communism Is Ruling Our World http://bit.ly/SpecterOfCommunismSeries
NTD Featured Videos http://bit.ly/FeaturedVideosNTD
Contact us: https://www.ntd.com/contact-us.html
#MichaelSekora #china #us
China Is ‘Building Up Their Capabilities to Eventually Push the US out of That Industry’ | Trailer
© All Rights Reserved.
Go to Source