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I've never understood why people are so insecure about Chinese companies or East Asian companies rising up, given that the world is 1/5 Chinese and even more Ea
by forkLding 8y ago
I've never understood why people are so insecure about Chinese companies or East Asian companies rising up, given that the world is 1/5 Chinese and even more East Asians, of course there are going to be large and prosperous Chinese companies because if they can manage to scale to dominate the Chinese market, they can thrive on their internal markets alone. Doesn't have to be just American companies dominating another nation's market. (Same with India and South Asia)
Japanese companies still buy up American companies just like American companies buy up Japanese. Indeed, the job search company was bought for a billion dollars by a Japanese company. Sony PlayStation, Nintendo and the car companies are doing better than ever. It's just it's no longer in people's eyes or really news anymore.
It's also why Starbucks, KFC and Apple have been aggressively growing in China cos there is such a great market in China and East Asia in general.
- chillacy 8y agoLargely cultural factors and political ones. America still has a good relationship with japan (I.e. can control japan), China has a UNSC seat and is quite fond of going after its ambitions, looking to a world beyond American hegemony.