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Re:Peter Thiel: Silicon Valley’s monopoly on big growth tech... by rm_-rf_slash on Thursday October 26, 2017 @02:45PM (#15561781)
China is a different case. Any successful tech company will be ruthlessly copied and scaled in China by mercantilist policies which work quite well.

But there are no Chinese brands that are widespread household names out of China. Even if a billion Chinese use renren the rest of the world uses Facebook (and maybe vk). Even if a billion Chinese use Baidu the rest of the world uses google (and maybe yahoo, in Japan, for some reason).

Re:Peter Thiel: Silicon Valley’s monopoly on big growth tech... by gitah on Thursday October 26, 2017 @03:37PM (#15562247)
Just walk around a BestBuy in the US and you'll quickly realize how many Chinese brands there are: TP-Link routers, Huawei routers and phones, Lenovo laptops, Hisense TVs, ZTE phones, DJI drones, Haier appliances, Ninebot scooters, Instantpot press cookers, etc. If you also count brands owned by Chinese companies than include GE appliances and Motorola, Alcatel, Blackberry smartphones.

Go on Amazon.com and Chinese brands are bestsellers in many electronic categories: Anker/Sunvalleytek in phone accessories, Yi in action cameras and dash cams and security cameras, TCL in televisions, etc.

Also the rest of the world isn't just US. Chinese smartphone brands have 50% marketshare world wide. Xiaomi, Huawei, OPPO are growing fast in South Asia, South East Asian and MENA. Transsion (you've probably never even heard of this company) owns phone brands that dominate Africa and is the marketshare leader there. Chinese home appliance and consumer electronic brands are also big in non-western countries.

Re:Peter Thiel: Silicon Valley’s monopoly on big growth tech... by dmode on Thursday October 26, 2017 @02:46PM (#15561804)
There are a number of Chinese phone startups that are doing quite well.
Re:Peter Thiel: Silicon Valley’s monopoly on big growth tech... by ryuker16 on Thursday October 26, 2017 @08:44PM (#15564624)
Look at your computer equipment...