China moves from imitator to innovator

Business Daily

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China moves from imitator to innovator

Business Daily

Chinese tech giants are gaining further ground in innovation, with development in e-commerce, social media and more, even outstripping the west. Rebecca Fannin, author of Tech Titans of China, explains the rapid growth and how it’s changing domestic consumption. But amid concerns of Chinese state intervention and difficulties in translating domestic apps for a global market, can Chinese tech companies truly enter the world stage? William Bao Bean of Chinaccelerator explains how AI can help tech firms adapt to foreign markets. (Picture: A customer making a payment on a self-service cashier at a supermarket in Jiangsu province, China. Picture credit: Zhang Peng/LightRocket via Getty Images)
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Chinese tech giants are gaining further ground in innovation, with development in e-commerce, social media and more, even outstripping the west. Rebecca Fannin, author of Tech Titans of China, explains the rapid growth and how it’s changing domestic consumption. But amid concerns of Chinese state intervention and difficulties in translating domestic apps for a global market, can Chinese tech companies truly enter the world stage? William Bao Bean of Chinaccelerator explains how AI can help tech firms adapt to foreign markets. (Picture: A customer making a payment on a self-service cashier at a supermarket in Jiangsu province, China. Picture credit: Zhang Peng/LightRocket via Getty Images)
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