SAVE THE DATE
Silicon Dragon LA 2019
Day One Opener
US-China Superpower
Debate
Q&A - Tech Titans
of China
VIP Reception
Debaters: Eric Mika,
Mark Rafalowski,
Elizabeth Dell,
Chris Fenton
Day Two Forum
Tech Innovation in Mobility
New Energy
Sino-US VC Trends
Rooftop Party
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Why China's Tech Sector is Working Harder, Innovating Faster &
Going Global
Author
To arrange a book talk, contact
t
echtitansofchinabook@
g
mail.com
Represented by
Washington, DC
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Silicon Dragon Circle
VIP Invitations
Special Event Discounts
Introductions
Tech Titans of China
autographed book
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@SiliconDragon
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Speaking
Engagements
SupChina
Women's Conference
NYC
Rise
Hong Kong
Commonwealth Club
San Francisco
July 30
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It's Hard to Dispute China's Tech Gains Even If You Dislike Its Methods
There's an argument to be made about some of the ways that Chinese tech innovators are gaining. But it's hard to dispute that the U.S. has a formidable competitor that is catching up in key technology sectors.
Yes, China's tech titans have been acquiring high-tech companies in America's innovation hubs, subsidizing next-generation breakthroughs, favoring home-grown Chinese companies, recruiting highly skilled, western-educated engineers, and blocking American internet leaders from access.
But China's ascent from copier to innovator over the past decade can't be denied. Nor can China's determined ambition to become a world-leading tech superpower be ignored. Read
Tech Cold War.
Why Amazon Go Wouldn't Cut It In China
While China has gone cashless and straight to mobile payments, the U.S. is pushing back against stores that only accept credit or e-payments.
Is the U.S. taking a backward approach to payments while China is leading the way toward a mobile future? I'm going to say, yes.
Stores in San Francisco, Philadelphia and New Jersey are requiring that brick-and-mortar stores take cash as payment. New York City is considering a similar law.
Amazon's new high-tech Go stores started out taking a futuristic approach in the U.S. by setting up a mobile app or Amazon account for payment. But now, facing a backlash,
Amazon is back tracking.
NOISE ABOUT UBER IPO OVERLOOKS ITS
BUMPY RIDE IN ASIA
In all the noise about
Uber's IPO in New York, what hasn't come up is how Uber has fared in China and Southeast Asia. The reality is, not all that great.
Uber was taken over by Chinese ride-sharing rival
Didi Chuxing in a ground-breaking $35 billion transaction in 2016, and
Uber was acquired by Southeast Asian competitor
Grab in 2018. In both cases,
Uber got a stake in its new owner's business as a consolation prize.
Uber is having better luck in winning its own U.S. home market rather than the faraway Asian region. And,
Uber is hardly the exception.
Read An
Uber Ride in China in Didi
VENTURE DEALS
Chinese social shopping site
Beidian,
which focuses on mom and baby products, bags $126 million from Hillhouse Capital and Sequoia Capital China.
FUNDS
Masayoshi Son has made public that is considering a launch of SoftBank Vision II, but still at that mega size of $1 billion, and funded entirely by Japanese tech conglomerate SoftBank Group.
NOTEWORTHY
"
We've got to fix our system to compete with China," says Jim McGregor, author, journalist and former chairman of AmCham Beijing. "
We've got to internalize some of this blame, and stop blaming it all on China."
Google is testing mini-apps. China's
WeChat mini-apps launched almost two years ago. Read
VentureBeat.
FEATURED PHOTO
Billboarding:
Xinhua News agency,
Times Square,
New York City
China's Impact Travels Far
FEATURED VIDEO
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Making a pun on China's work culture of 996,
Jack Ma told
Alibaba staff at an employee wedding to have sex 669,
"What is 669? Six days, six times, with duration being the key," said Ma.
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Silicon Dragon Beijing 2019: April 25
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Silicon Dragon Beijing 2019 VC Dealmakers Panel |
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