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Atlas China Top 8 #21 - Setting the Standard (+ #LinkedInLocal Event)

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The more Chinese tech firms achieve, the more important Chinese ideas about the nature and future of
 

Atlas China Top 8

August 13 · Issue #17 · View online
China + global technology, business, and innovation trends, 8 items at a time.

The more Chinese tech firms achieve, the more important Chinese ideas about the nature and future of technology become:
–Kleiner Perkins’ Eric Feng outlines 8 reasons why China is the most fascinating tech market in the world, based on the development and adoption of transformative Fourth Industrial Revolution technologies.
–One interesting cultural implication of the rise of China tech is how privacy is viewed differently in China and the West, as SCMP and the Washington Post analyze how that is beginning to play out.
–Whoever builds the tech sets the standards, and we can see digital going the same way as manufacturing as described in this Bloomberg article about China’s impact on industrial standards.
–Technology is not agnostic to cultural and local use cases, which Mark Tanner outlines in the reasons he expects China to lead adoption of blockchain to make sense of fragmented data.
–China’s tech champions Alibaba and Tencent are influencing the next generation of Chinese tech startups as competitive investment platforms, making almost half of domestic VC investments according to the Economist.
–The latest attempt by a Western tech giant to enter China is currently playing out with high-profile speculation on Google’s plans and partnerships to potentially develop a localized search engine.
–They’ll have Facebook’s latest attempt to engage China as a cautionary tale, as Reuters reports on the fate of Facebook’s short-lived application for a Hangzhou subsidiary.
–One thing is for sure, China can’t be ignored, as Peter Diamandis explores the astounding growth of Chinese VC into frontier technologies, and Peter Thiel reportedly seeks to begin investing in Chinese startups.
If you’re in Beijing this Tuesday night, come check out this #LinkedInLocal event featuring community founder Manu Goswami and a power user panel full of practical tips and great connections.
Abe

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