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 LOL, China finally invents a ballpoint pen of its own

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PostSubject: LOL, China finally invents a ballpoint pen of its own    Mon Jan 16, 2017 6:32 pm

Last week, China announced that it had mastered the art of making ballpoint pens. Don't laugh: It was a years-long effort that cost millions of dollars and required the leadership of a state-run corporate colossus. It was front-page news, widely discussed on talk shows and celebrated on social media.



And it was no one-off stunt. China hopes such government-mandated "innovation" will finally revive its economy and catapult it into the front rank of technologically advanced nations. Unfortunately, such efforts are far more likely to worsen the inefficiencies already holding its economy back.

http://www.smh.com.au/business/china/china-finally-invents-a-ballpoint-pen-of-its-own-20170116-gts695.html
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LOL, China finally invents a ballpoint pen of its own

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