This podcast episode explores the rise of Chinese consumer brands and trends in China tech. Topics discussed include the emergence of tech-enabled consumer brands, the success of ultra-fast fashion brand Shein, the impact of digital retail on e-commerce, the focus on distribution by Chinese tech giants, the growth of community group buying in rural China, the increasing competition in the autonomous driving sector, and the future of China Tech in 2021 and 2022.
Takeaways
• Chinese consumer brands are becoming more popular and are often run like Internet companies.
• Community group buying is a new form of Ecommerce that is happening in rural China.
• Electric vehicles and autonomous driving are growing trends in China.
• China has a number of advantages in the autonomous driving sector, including a centralized government, a large and growing market, and a strong technology sector.
• Chinese tech giants are entering new sectors, such as e-commerce, EVs, fintech, and healthcare.