@katherineykwu I get into such arguments with westerners routinely as well, most of them have not spent much time in China at all. @naval is very insightful but on this argument he’s flawed. China now has 1bn smartphone users. For many startups to spread their innovations - 1/
To the province next door w same language & similar markets makes more commercial sense than going overseas. Most of the western innovations are originated in a much smaller market so to spread beyond national boundaries is inate and needed. 2/
I also think it’s easier for people to learn something new than to unlearn something old. The narrative of China copying/ imitating the west or Japan/Korea etc was true some years ago. The rapid transformation is hard for most to grasp, especially those who observe in distance.
So @naval, for many innovations in China they don’t need to go overseas, or at least they can’t prioritise going overseas. The domestic market is already so enormous and vibrant. @katherineykwu is right about this one.
