Four trends coming out of China and why they matter
When I lived in China over a decade ago, infrastructure was terrible despite the rapid economic development. You couldn’t really buy anything online because you were never sure it would arrive. Internet access was a luxury, though thankfully the Great Firewall was more like a Garden Firefence. Shelves were full of IP infringement, shanzhai devices and it was commonly suggested in the Western press that Chinese politics or culture stultified innovation.
Fast forward ten years and Alib
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