The 140k is 9 times the 2009 number. And the dollar figure for investment, $46b, is three times what it was a year earlier.
Showing posts with label The New China. Show all posts
Showing posts with label The New China. Show all posts
Saturday, 29 April 2017
Chinese Investment in U.S. Tripled Last Year
140,000 Americans are now employed by 3,200 Chinese companies operating in the U.S., according to Chinese state media organization Xinhua.
The 140k is 9 times the 2009 number. And the dollar figure for investment, $46b, is three times what it was a year earlier.
The 140k is 9 times the 2009 number. And the dollar figure for investment, $46b, is three times what it was a year earlier.
Chinese Tech No Longer Just Copycat, Industry Expert Says
“If you study Chinese products, you can get inspiration,” according to a woman who works for technology investment firm Andreessen Horowitz.
She also works helping U.S. startups learn from Chinese tech.
Connie Chan says Chinese tech is ahead of U.S. tech in everything from livestreaming (worth $5b) to messaging. For example, while Americans almost all use messaging apps daily to communicate, in China they use similar apps (such as WeChat) to pay utilities and traffic tickets, order medications to their door, and get marriage licences.
“I spend so much time teaching people what they can’t see,” she told Wired recently. "It won’t stay invisible for long."
The idea that Chinese tech is just a copycat of other countries' is now obsolete, she said.
She also works helping U.S. startups learn from Chinese tech.
Connie Chan says Chinese tech is ahead of U.S. tech in everything from livestreaming (worth $5b) to messaging. For example, while Americans almost all use messaging apps daily to communicate, in China they use similar apps (such as WeChat) to pay utilities and traffic tickets, order medications to their door, and get marriage licences.
“I spend so much time teaching people what they can’t see,” she told Wired recently. "It won’t stay invisible for long."
The idea that Chinese tech is just a copycat of other countries' is now obsolete, she said.
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