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A watchlist from the East
6 min readFeb 22, 2020
The centre of gravity is shifting eastward. Which means you should study the East. Culture, philosophy, language, business methods, companies, technology, etc. Hence “Tech Titans of China: How China’s Tech Sector is Challenging the World by Innovating Faster, Working Harder & Going Global”.
The title says it all
- China is creating a tech universe that is a counterweight to the long dominance of the United States.
- China’s game-changers are already on par with and, in some cases, ahead of the United States.
- China’s mobile, savvy millennials and Gen Z youngsters mostly in their teens, twenties and thirties, who make up more than half of China’s population compared to one-third in the United States,
- China has bypassed credit cards just as it did the personal computer for mobile phones and retail stores for online commerce.
- The most significant trend to watch is copied from China, meaning US companies duplicate Chinese innovations.
China is going to eat Silicon Valley’s lunch
- China’s Soviet-style thirteenth five-year plan for 2016–2020 to boost economic development by accelerating indigenous innovation, mass entrepreneurship, research and development, and patents to burst open as an innovation nation by 2020 and a technological…