What new directions in China-s digital economy mean for us all
China is the largest homogenous digital market on Earth: unified by language, culture, and mobile payments. Not only a consumer market of unrivaled size, it-s also a vast and hyperactive innovation ecosystem for new technologies. And as China-s digital economy moves from a consumer-focused phase to an enterprise-oriented one, Chinese companies are rushing to capitalize on ways the newer wave of tech-the Internet of Things, AI, blockchain, cloud computing, and data analytics (iABCD)-can unlock value for their businesses from non-traditional angles.
In China-s Data Economy, Winston Ma-investment professional, capital markets attorney, adjunct professor of digital economy, and bestselling author-details the profound global implications of this new direction, including how Chinese apps for services such as food delivery expand so quickly they surpass their U.S. models within a couple of years, and