The West has not yet internalised that China is a source of genuinely new drugs, not just a maker of ingredients and copies.

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• America will keep leading on zero-to-one breakthroughs, but it is diffusion that decides how much productivity a technology actually releases, and China is better at that. KJKeyu Jin13 Aug 2025Chinainnovation
• China is the fastest-innovating country in the world today, on the strength of its talent, its open-source habit and its ferocious internal competition. JHJensen Huang23 Mar 2026Chinainnovation
• China lets companies innovate first and regulates afterwards, which is the opposite of Europe and is deliberately meant not to slow innovation down. KJKeyu Jin13 Aug 2025Chinainnovation
• US export controls produced China's chip breakthroughs rather than preventing them: while China could comfortably import American chips, its own industry stalled for twenty years. KJKeyu Jin13 Aug 2025Chinainnovation
• A competitor six months or a year behind the frontier can stay close, because the cost of AI falls more than tenfold every year. JHJensen Huang8 Jan 2026innovation

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