Jerry Yang Quotes
China's Web has grown away from just duplicating services from the U.S.
Yang, Jerry. "The Rise of China's Tech Giants." Stanford Graduate School of Business Talk, 12 May 2014, Stanford, CA.
Crocker’s railroad was way behind schedule for laying of track. The problem was an acute shortage of manpower. Someone suggested that they try Chinese labor. However Crocker’s superintendent of construction, James Strobridge, felt that they were too small, not strong enough, and inexperienced at construction. Soon Crocker had 11,000 Chinese workers. The Chinese were wonderful construction workers and the Southern Pacific Railroad thrived as other employers also began using Chinese workers.
At the time this quotation was created, the Chinese hacking had done no harm in the sense that they did not destroy the data in any of our computers or render some computers non-operational. We actually had done that and more – using hacking to affect destroy part of an Iranian nuclear fuel processing facility, but we had never done that to China, nor had China to us. A difference that outraged some Americans is that they viewed it as “fair game” to do espionage on military and political secrets. The Chinese however, in addition to that, did much industrial spying on American commercial innovations and manufacturing techniques. The French and the South Koreans, however, had been doing this for years, and American politicians were careful not to make a public issue about it and try to minimize it with diplomacy. However, all this makes a solution hard to come by as Liebenthal explained in his quotation.
While this type of modernization had been a theme of her reign, it was particularly fascinating at this time when China had been invaded by Japan and 7 Western Countries, she still argued that the only way for China to thrive and attain true independence was to reform and adopt many Western Ways. Chinese leader after her gave lip service to doing this but never wanted to implement the reforms lest the lose power. Ironically, it was under Communist leader Deng Xiaoping, 1904-1993, that Cixi’s notion of adopting modern Western economic and technological models and approaches was finally implemented and then China made the greatest improvement of any large society ever in a relatively short term. However, Deng stopped short of adopting Western notions of political freedom.
Zhou, more than any other Chinese official, was responsible for the dramatic change in the Chinese economic shift from a classical socialist model to a modern market driven competitive economy.
Jerry Chih-Yuan Yang is a Taiwanese-American billionaire computer programmer, internet entrepreneur, and venture capitalist. He is the co-founder and former CEO of Yahoo! Inc.
