Does China lack innovation?

YYJ (UK)

Perhaps China does copy a lot but you know China is growing and changing. Nobody ever makes mistakes or trips up while acclimating to things, right? Nobody ever makes mistakes or a wrong move while learning things or especially when you are growing, right? I'm sure while you were going through puberty, you never did anything dumb or questionable.

With that said, I believe what I always believed about China and many emerging economies. Many emerging economies all hit a fork in the road. Some have not reached it but countries like China and India are there. Which fork they decide to traverse will determine what type of country they will become. President Xi and his brilliance knows this. That is why he wants to gravitate towards a consumer driven economy. Anyway, the world can only wait and see what direction some of the major economies head towards. Right now I only see China and India at this fork in the road.