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That’s exactly how it panned out in Korea, Vietnam etc. China is an outlier because of several reasons but size is perhaps the biggest. Chinese market is so hu
by pm90 8y ago
That’s exactly how it panned out in Korea, Vietnam etc.
China is an outlier because of several reasons but size is perhaps the biggest. Chinese market is so huge it can support China specific versions of everything; the State realized this and used it to effectively control all the new sources of information (mostly internet stuff). No one thought they could do that effectively but hats off to them they did.