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There's the obvious state interference angle. But I wonder how that will interact with their intense protectionism and huge domestic market. Yes, the companies
by elefanten 9y ago
There's the obvious state interference angle. But I wonder how that will interact with their intense protectionism and huge domestic market.
Yes, the companies may not innovate as much and may lose their edge, but the Party can (and will have incentives to) just deliver a 1B+ user market by fiat.
I wouldn't be optimistic about this model, but the companies may not feel as much of a disadvantage as business wisdom would dictate.
- silipripang 9y agoThere's no 1B+ user market automatically; There are so many poor people in China living on $1.50 per day. (I think maybe 8-900 Million)
- ekianjo 9y agoExactly. Many people forget that Chinais not just Shanghai or Beijing. During my travel in more rural parts I could see farmers who had virtually no tools to work their land, about everywhere. This is not a rich country, this is a poor country witha few pockets that are massively developped.