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China Will Dominate the World. facebooktwittergoogle pluslinked inEmailPrintfacebook twitter google plus linked in EmailPrintsmaller Larger facebooktwittergoogle pluslinked inEmailPrintThis post originally appeared on Digits. When people hear about China’s Huawei Technologies, German car maker BMW probably never comes to mind. But according to Ren Zhengfei, Huawei’s founder and chief executive, there are similarities between the two companies. Ren ZhengfeiHuaweiIn Huawei’s latest annual report released this week, Ren says the Chinese telecommunications equipment maker’s challenges are similar to those of BMW as the luxury car maker takes on nimble new competitors like Tesla Motors. “Can BMW match Tesla’s pace? This has been an issue of debate for some time at Huawei,” says Ren. “Most believe that Tesla vehicles represent a disruptive innovation and will surpass BMWs. I think that BMW may not lose the game if they take an open approach to improve themselves. He even has a piece of advice: “BMW needs success, not a narrow sense of pride that everything has to come through its own innovation. A spokesman for BMW in China couldn’t immediately be reached for comment. “Huawei is like BMW, in that we are also a big company. We live in an information society that is fast-changing with lots of disruptive innovations,” Ren says. “Can we continue to survive? Admit it or not, this is a question right in front of us. As Ren rarely makes public appearances, the annual report represents one of few occasions in which he shares his views on Huawei and the industry. Ren founded Huawei in 1987 as a telecom gear sales agent and the Shenzhen-based company soon started making its own products. Over the past decade, Huawei has rapidly expanded outside China to became the world’s second-largest telecom equipment supplier only behind Sweden’s Ericsson. While there may be similarities between the challenges facing Huawei and BMW, the Chinese company is also coping with more unique problems, especially in the U.S. In 2012, a U.S. congressional report recommended that U.S. telecom carriers avoid using Huawei’s equipment, saying that the Chinese company’s gear could be used by Beijing to spy on Americans. Although Huawei has repeatedly denied such allegations, the company has been effectively shut out of the U.S. telecom-equipment market. Even so, Ren portrays the U.S. in a positive light in his message. “We must be conscious of the power of the United States. They have advanced systems, flexible mechanisms, clear property rights, and respect and protection of individual rights,” Ren says, adding that those qualities have helped the U.S attract the world’s best talent. “The light that never goes out in the Silicon Valley continues to shine. Ren also gives Tesla a shout-out: “The U.S. is not lagging behind; it is still a model for us to learn from. – Juro Osawa. Follow @ChinaRealTime on Twitter for the latest updates. Name We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name. There’s a new round in Beijing’s ongoing anti-corruption campaign. But this one promises to be as much a challenge to the Communist Party leadership as to the corrupt officials it’s designed to take down. A new village election is nearing in Wukan, but the tale it tells is a familiar one of control and corruption. Sexual assault of minors is not a problem unique to China but experts have pointed out that sexual predators in China benefit from having unusually vulnerable prey: left-behind children. The severity of a crackdown on activists is an expression of the anxiety that has taken hold of the party-state, writes Stanley Lubman. Two criminal proceedings involving public protests illustrate the depth and breadth of that anxiety. The recently concluded “Two Sessions”—as China’s annual legislative meetings are colloquially known— made some purported progress in addressing the country’s challenges: “strengthening confidence, building consensus, grasping the direction, implementing plans,” according to one summary of the work done. RSSChina Real Time Report is a vital resource for an expanding global community trying to keep up with a country changing minute by minute. The site offers quick insight and sharp analysis from the wide network of Dow Jones reporters across Greater China, including Dow Jones Newswires’ specialists and The Wall Street Journal’s award-winning team. It also draws on the insights of commentators close to the hot topic of the day in law, policy, economics and culture. 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