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Economy

Shi Yuzhu vs. Steve Jobs: How Apple Chief's Death Exposes China's Innovation Gap

Shi Yuzhu is Chairman of Giant Interactive, one of China's most successful online game companies. One of China’s richest men, he knows tech, understands customers, and is a genius at applying powerful marketing tactics. Still, he is no Steve Jobs

Steve Jobs
Steve Jobs
Jiang Ruxiang

BEIJING - As in the United States and elsewhere, the death of Steve Jobs has also been an occasion for regret and reflection in China. Most pointedly, it has revealed widespread dissatisfaction with Chinese entrepreneurship.

The Chinese discover that their country, "The Savior of the World's Economy", lacks a spirit of innovation among its entrepreneurs. Collectively, the Chinese business community has woken up to find that apart from money, they actually possess very little.

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Geopolitics

As Iran Protests Spread, Regime Is Busy Clinging To Power

Facing resurgent protests in several provinces, Iran's clerical regime now relies on its two usual defenses: brute force and appeasing the West. But its days may be numbered as younger Iranians are increasingly emboldened to demand a different future.

A man repairs a carpet in Tehran, Iran

Elahe Boghrat

-Editorial-

Governing ordinarily consists of assuring the security and welfare of a population or nation, within a state or territory. Take away one element from that equation and the government in question begins to move toward failure, defeat, and perhaps its downfall.

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