The Unsaid Truths Of China Tech

34 Chinese Companies and Their U.S. proxy’s business lines

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34 Chinese Companies and U.S. proxys business lines

Some of the smaller retailers on this list hardly have monopoly power, which calls into question “regulatory overreach” when their mutually exclusive contracts are subject to antitrust regulation. I can’t help but wonder what the grandfather of regulatory economics, George Stigler, would say.

Speaking of George Stigler, his thoughts and research on economics of regulation merited him a Nobel prize, and I would highly recommend his humorous autobiography as general reading for those  interested in the Chicago School of Economics, which has a healthy dose of skepticism of regulators.

All regulations look backward, not forward. The biggest question for Ant and Alibaba in the next five years is whether they can  compete, grow and make money in a very competitive space for Chinese technology. The 34 companies on this list show the challenges and opportunities, as Ant is still the top non-state-owned financial entity with the least competition from other non-state-owned enterprises, while Alibaba’s other main businesses have plenty of strong competitors.

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