Ex-Google boss Eric Schmidt: 'US dropped ball on tech funding'

For decades, US companies have led the way in technology and innovation. But the names you’re likely to hear more about in the future may come from Chinese companies like Alibaba, Tencent and Baidu.

The former chief executive of Google, Eric Schmidt, told Asia Business Correspondent Karishma Vaswani what’s behind the rise of Chinese technology, and why the US risks lagging behind.