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102,693 Views • Feb 9, 2024 • Click to toggle off description
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Timestamps:
0:00 - China’s Dominance
2:48 - Phase 1: Returning To The Homeland
5:53 - Phase 2: Cultivating Giants At Home
9:00 - Phase 3: Cashing In Globally
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Views : 102,693
Genre: Science & Technology
Date of upload: Feb 9, 2024 ^^
Rating : 4.826 (175/3,837 LTDR)
RYD date created : 2024-05-16T03:05:11.828011Z
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YouTube Comments - 604 Comments
Top Comments of this video!! :3
One thing you got it wrong dude. Google, Microsoft or other US tech companies left China because they didn't want to follow Chinese regulations. Chips companies like Qualcom or Nvidia were simply not allowed to sell high-end products to China
72 |
12:01 "This isn't to say that the American giants are done."
*names Mercedes, BMW and Volkswagen (all 3 German Companies)
61 |
What this means is that China is now another developed market everyone should consider while analyzing the world. There was US and Europe, now there is US, Europe and China.
186 |
"The CEO of TikTok was born in Singapore and then studied in the UK and America before going back to China"
Are you a US senator?
Singapore isn't part of China. Never has been.
185 |
Competition is always good
35 |
I think America's downturn started decades ago, when Bell Labs became AT&T Bell Labs. Goodbye pure science for long term gain, hello quarterly profits being the new main goal,which benefit mostly C-Suite executives.
37 |
You analysis is half correct, that time china was growing very fast and Chinese internet did not allow any american tech company to enter fully, so it maid sense as a Chinese person that start a company with same business model in china and the protection policy of the Chinese government, the homegrown companies were able to grow unchanged. That is why today they are Giants and only based in China, mostly. And right now they’re expanding
48 |
As a American I understand the playing field and as accepted the facts my mobile 📱 is Chinese a OnePlus I know The United States will keep on innovating in technology but Chinese Tech conglomerate make great products also like BYD's Cars, the American government will never allow these Tech companies sell their products in the USA which is sad in my in my opinion.
26 |
China didn't achieve this hegemony out of nowhere. As you mentioned, it's a result of hard work, ambition, vision for the future and solid government backing in terms of policies and funding. Compared to my country's policies of systematically destroying education and the hopes of the people for a prosperous future, which leads to a brain drain and an enormous trade deficit, I honestly couldn't say anything other than "Good work, China".
15 |
I have lived in china for over 4 years now, I use pinduoduo for almost any shopping, I rarely use taobao the alibaba's main land version even tho it was the most popular, pinduoduo managed to dethrone them by just making everything cheap and they have only been around since 2015 if am not mistaken. like its unbelievable how convinient it is.
16 |
I don't think it matters. American tech companies grew in the same way: undercut, growth above profits. But now that they've reached market saturation, they need to raise prices. Chinese tech companies will have the same issue. They can grow all they want and may end up with market domination, but in the end they're going to have to start making profits too, and when that happens, another company will start eating into their market share with the same strategy: undercut, growth above profits. It's just a cycle.
10 |
Dear @LogicallyAnswered Hari, Singapore is NOT PART OF CHINA 4:45 . China is Central Asia and shares a border with Russia but Singapore sits at the equator. Two completely different geographies. Shou Zi Chew is Singaporean, just like me. Singapore was founded as a country in 1965, unlike China, which had a 5000+ year history before becoming the PRC we know today. So they are 2 different countries. Born in Singapore, Shou Zi Chew went to China to lead Chinese companies Xiaomi 2015 and TikTok 2021.
I think the confusion lies in the word “Chinese”. “Chinese” can mean
- citizen of China, or nationality
- of the Chinese race
In this case, Shou is of Chinese race, Singapore citizen, that went to China to work for Chinese companies (legal entities formed in China). His hometown is Singapore. He did NOT went back to China. He simply went to China to work.
To clarify, there are many Chinese (China citizens) that migrated to other countries and gained citizenship like in the US, Australia, and some southeast Asian countries, most notably Malaysia and Singapore. So there are Australian Chinese, Malaysian Chinese and Singaporean Chinese. In these 3 countries we can also find people born in India who went and gained citizenship: Australian Indians, Malaysian Indians, and Singaporean Indians (of course in the US “Indians” may refer to “American Indians”)
Your videos have a lot of impact within the community, please fact-check and make the necessary corrections so we have accurate information. Thank you.
47 |
In the name of balance I think we have to acknowledge that Evergrande, One of the largest Chinese property developers in the world has just gone into receivership with debts in excess of $300 billion. The economy is also suffering year on year deflation so I think it is not at all clear what the future holds for China economically speaking.
175 |
Great Video. By the way you can also add Tesla and BYD to your thumbnail :)
5 |
Fascinating topic as always thanks for the great video
1 |
I bought a Japanese car (Toyota) because it would last longer without the need for a lot of maintenance. Had the American brands been more reliable, I would almost certainly have gotten one to support American workers. The takeaway for American companies is simple: compete.
10 |
I thought Spotify was from Europe.
67 |
There is no humble billionaire.
5 |
You're mistakenly wrong that majority of Chinese State Owned Companies are only limited in China. In fact, a lot of them have major operations and subsidiaries outside China, for example majority of SOEs constructions have many construction projects even outside the Belt and Road Initiative participating countries, the State Grid of China has many subsidiaries in Southeast Asia.
21 |
@deleted-something
3 months ago
To be fair, the Chinese market is so much bigger that the American one, although the American is almost always the more profitable market anywhere in the world
325 |