I blogged on this last month after attending AmCham's "Under the Digital Influence" conference.
David Wolf (Silicon Hutong), who was on the first panel, made some very interesting comments on how he believed that the Chinese government deals with new technology/innovation.
Lucky us, David has a post up with a summary. Good "big picture" stuff that should interest folks involved in China business, law, and economic development – in other words, very appropriate for China Hearsay.
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