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Economy Eyes on the U.S. Future

Why The Chinese Will Never Understand Silicon Valley

PALO ALTO — Tucked away on Waverley Street in Palo Alto, California, the house where Steve Jobs used to live is an inconspicuous brick Tudor with rambling roses climbing all over. As one of the residential areas favored by Silicon Valley software engineers, a big house here usually costs well above $10 million. Over the […]

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Economy

In China’s Shoe Business, Pitfalls Of Copycat Design

BEIJING — Summer shopping included the hunt for a new pair of sandals, which was also an opportunity to take stock in where the Chinese shoe industry stands. In itself, it is not surprising to find a “cohabitation” of different quality from different brands in a single shopping center. It’s also natural that different brands […]

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