Leistungen // Laterales Management

the chinese
are coming

As is well known, the major computer companies on the west coast of the USA supported Hillary Clinton in the presidential elections. Following the election, they all met the new US president and discussed how things were to be taken forward with him.

Not with AMERICA FIRST AGAIN at any rate. It would of course be very nice if there was a law that allowed the cash stashed abroad out of reach of the American tax authorities to be “laundered” in the USA but the business operations of Google, Amazon and Apple are international in their focus. Too much protectionism would prevent the market expanding into other countries.

Russia and China first ever

The Internet market in China has been sealed off for years. In the People’s Republic of China, people use Alibaba and Baidu to shop and search. Instead of Facebook, 700 million Chinese communicate via WeChat, an app produced by the Tencent Group. People tend to have heard of these companies but do not know anything about them. To besure, Alibaba’s shares are listed in New York but it generates 85 percent of its revenue in China. The communist government is terrified of an open Internet and the kind of Web communication that is common in western countries. Russia, too, has an alternative to Google. Yandex is a Russian-Dutch company with a 64 percent market share. Again and again, Yandex manages to have Google condemned for abusing its market position.

Impetus from a repressive country

The “musical.ly” app was invented by a Chinese from Shanghai, who is currently stirring up the American and the German music market because he finds his sealed-off domestic market boring. Although Alibaba benefits from Google being banned, the ban also leads to it being fat, sluggish and failing to innovate. Unlike Louis Xang, the founder of musical.ly. He persuades people in the USA, Germany and Mexico to post their music and demos. Users, the majority of whom are extroverts, seize this opportunity to present themselves on the Net with enthusiasm. musical.ly makes people look like superstars on a smartphone. And while this function drives American youth wild, the app would not work at all in China, since Chinese culture rather despises such posing.

musical.ly is an example of the impetus for a market economy that can emerge from a repressive country because there are entrepreneurs in that country who share the economically liberal approach of the western world. There is a great deal to learn from these people and it would be a shame to exclude such talent. Even if a few old men view shutting countries off from the world as a suitable means of asserting their own interests.