We need F.D.I., foreign technology and capital".
lacks domestic expertise and needs foreign technology," she said.
The first is a reliance on foreign technology.
It is restricting exports to induce foreign technology firms to place operations inside China.
Tons of foreign technology is imported, but it's never really internalized or supplanted by Arab innovations.
And it remained dependent on foreign technology longer, assembling cars for Peugeot, Fiat and Ford.
"China, by contrast, deliberately targets foreign technology for military and commercial purposes, so this is apples and oranges," he wrote.
Unfortunately for the country, the oil bonanza was wasted, and little use was made of foreign technology.
Several foreign companies have found themselves competing against Chinese firms using a slight variation of the foreign technology.
Even Russia's oil and gas companies, whose output is beginning to decline, cannot thrive without foreign technology, expertise and capital.
Since then, Silicon Valley executives have pushed for education reform and more visas for foreign technology workers, among other issues.
