I'm a Finance student at Rutgers Business School with a strong interest in global markets, particularly China. I lived in China for 3 years in total, and speak Mandarin fluently. As well as having studied at Peking University, I've also worked at Standard Chartered's Tianjin branch, ...
more I'm a Finance student at Rutgers Business School with a strong interest in global markets, particularly China. I lived in China for 3 years in total, and speak Mandarin fluently. As well as having studied at Peking University, I've also worked at Standard Chartered's Tianjin branch, where I worked with traders to resolve outstanding balances.
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The Tech War Happening Beyond The Great Fire Wall: Who Will Win?
I used the second image to help understand the dynamic of the Chinese internet by comparing it to the west. However, WeChat isn't very easy to compare because it's so unique. But you're right, WeChat is the biggest player in terms of Chinese social media, and is used on a scale that simply doesn't exist in the west. I'll work on making that last image larger, but it basically illustrates Ali Baba's holdings and Tencent holdings
The Tech War Happening Beyond The Great Fire Wall: Who Will Win?
Well that's an interesting point. Weibo's the app that's most similar to twitter, WeChat is hard to compare to American apps. It started out as a messaging software similar to WhatsApp and grew. In terms of why other companies haven't followed WeChat's lead I would say that no American social media platform has established the level of popularity that WeChat has: almost everyone in China uses WeChat and most people use it for at least an hour a day. In fact, a lot of American companies have tried to do what WeChat has done here, and failed. Look at Apple pay, for example. Further, certain things can't be done here do to different laws: paying for electricity and utilities with your phone here just isn't practical.
The Tech War Happening Beyond The Great Fire Wall: Who Will Win?
In some cases yes, and some cases no. I was comparing Chinese social media to American social media so that it would be easier to understand; Weibo and WeChat, for example, are pretty unique. In fact, in some cases American companies have even copied Chinese companies: AliPay existed years before Apple Pay. That being said, there are a huge number of Chinese copy cats out there, and not just in the tech industry. It should be noted, however, that not all of them get a free pass, and in the past year alone there have been countless lawsuits by American firms.
Nope, Bitcoin Is Not Digital Gold (But Here’s What It Is…)
This is a very realistic and grounded analysis of bitcoin!
ECB Cuts Asset Purchase Program To 30 Billion Euro
This is very interesting; it's great to see European economy and the Euro stabilizing, but I would also like to see how individual countries are doing economically, and whether or not the Euro's stabilization is due to a few key players.
CVR Medical: A New Approach To Cardiovascular Care
I've got to say, #CVR definitely seems like it has a lot of potential. I don't know too much about the industry, however. This article has definitely inspired me to do my homework. $CRRVF