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The phrase "made in China", which has been a normality to the greater population, has now moved to "designed in China". Today, Asia's leading electronics exporting countries are aggressively pursuing strategies to establish themselves as new sources of innovation and global standards. Therefore, this arguably indicates that it is no longer possible to assume that innovations and global standards necessarily emerge first in a few global "centers of excellence", especially the U.S. Asian countries have demonstrated to the world that they have the knowledge, skills and abilities to develop advanced technologies, which in turn will attract foreign investment and strengthen their position towards the world...
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