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Counter argument rather than rebutal. What you describe does not take into account the possibility to have internal market pick up. "Sexy" can be counterbalance

by crocal 11y ago

Counter argument rather than rebutal. What you describe does not take into account the possibility to have internal market pick up. "Sexy" can be counterbalanced by willingness to buy the local brand, because more atuned to local tastes and for patriotic reasons. It certainly happened in USA and Europe.

imglorp 11y ago
Also, a sexy brand or product could arise at any time. You just need the right company with the right leader who can read the people correctly and give them something culturally appealing with taste and design. The next Jobs is probably around the corner, and he might be Chinese.
- rm_-rf_slash 11y ago
  See my other response for a more verbose questioning of whether the communist party is ready to handle someone who wants to "Think Different."
rm_-rf_slash 11y ago
This is a good point. As I stated, Chinese do enjoy Chinese products. And it certainly could have a halo effect with global consumers. However, the question becomes which kind of product. I'm reminded of a popular "China's Got Talent"-style of show that included audience participation and voting, which the government shut down because it made them uncomfortable with the idea of regular people getting used to democracy. That's the kind of thing that chills cultural development, especially when an entrepreneur has to consider the possibility that huge sums of time and money spent on their passion could be flushed down the toilet because the communist party disapproves. This would not be as much an issue for engineering products, and few I think dispute China's capability to innovate. I just don't believe global consumers will choose China over USA, Europe, Japan, South Korea, and so on.
- josai 11y ago
  > I just don't believe global consumers will choose China over USA, Europe, Japan, South Korea That seems pretty short-sighted. Maybe you're quite young, but 15 years ago korean cars had a shocking reputation, and japanese 20 years before that. 10 years ago I wouldn't have even considered a crappy cheap korean television, now LG and samsung are tier-1 brands. And subjectively the label "made in china" doesn't have the negative ring it seemed to just a few years ago. Consumer sentiment can change pretty fast.
  - rm_-rf_slash 11y ago
    Ah, good point. I'm in my early 20s so I have only Glengarry Glen Ross to remind me how lowly Korean brands were seen just a few decades ago. Sure, China can/does compete globally in high-tech, and certainly there's no reason to think they can't make products just as appealing as the countries I listed. That being said I'm not sure they'll be able to muster the same cultural - ahem - revolution. For example, South Korea makes LG TVs to watch their country's popular soap operas on. When I studied Chinese I streamed mainland TV to get accustomed to the tones, and after a while I felt a reminder of "1984" about the dull propaganda books and movies that were remade by the party every year with different names. Basically, it sucked.
    - deleted 11y ago
      [deleted]

by crocal 11y ago

imglorp 11y ago

Also, a sexy brand or product could arise at any time. You just need the right company with the right leader who can read the people correctly and give them something culturally appealing with taste and design. The next Jobs is probably around the corner, and he might be Chinese.

rm_-rf_slash 11y ago
See my other response for a more verbose questioning of whether the communist party is ready to handle someone who wants to "Think Different."

rm_-rf_slash 11y ago

This is a good point. As I stated, Chinese do enjoy Chinese products. And it certainly could have a halo effect with global consumers. However, the question becomes which kind of product. I'm reminded of a popular "China's Got Talent"-style of show that included audience participation and voting, which the government shut down because it made them uncomfortable with the idea of regular people getting used to democracy. That's the kind of thing that chills cultural development, especially when an entrepreneur has to consider the possibility that huge sums of time and money spent on their passion could be flushed down the toilet because the communist party disapproves. This would not be as much an issue for engineering products, and few I think dispute China's capability to innovate. I just don't believe global consumers will choose China over USA, Europe, Japan, South Korea, and so on.

josai 11y ago
> I just don't believe global consumers will choose China over USA, Europe, Japan, South Korea That seems pretty short-sighted. Maybe you're quite young, but 15 years ago korean cars had a shocking reputation, and japanese 20 years before that. 10 years ago I wouldn't have even considered a crappy cheap korean television, now LG and samsung are tier-1 brands. And subjectively the label "made in china" doesn't have the negative ring it seemed to just a few years ago. Consumer sentiment can change pretty fast.
- rm_-rf_slash 11y ago
  Ah, good point. I'm in my early 20s so I have only Glengarry Glen Ross to remind me how lowly Korean brands were seen just a few decades ago. Sure, China can/does compete globally in high-tech, and certainly there's no reason to think they can't make products just as appealing as the countries I listed. That being said I'm not sure they'll be able to muster the same cultural - ahem - revolution. For example, South Korea makes LG TVs to watch their country's popular soap operas on. When I studied Chinese I streamed mainland TV to get accustomed to the tones, and after a while I felt a reminder of "1984" about the dull propaganda books and movies that were remade by the party every year with different names. Basically, it sucked.
  - deleted 11y ago
    [deleted]