Jean-Pierre Lehmann: China-IBM Computer Deal Marks a New Era In the global IT revolution

From YaleGlobal, via A Glimpse of the World blog:

The recent acquisition of a part of America’s iconic IBM by a Chinese company, , has been seen by many as a turning point – a symbol of China’s rise and America’s decline. The significance of the event, however, lies elsewhere. The Chinese acquisition of IBM’s faltering PC division represents a fundamental in shift the global IT industry, a new division of labor in which the successful players – the United States, China, and India – adopt a more complementary than confrontational approach. The rise of in the international scene also helps to underline Japan and Europe’s diminished role.

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