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Archive for October, 2007


Why Globalization Will Fail

For the past fifty years, globalization was offered as the answer to all the world’s ills: it would raise standards of living in the developing world, it would create more wealth, nations would understand each other better and eventually trust each other, and so on and so forth. I’m going to state what is increasingly [...]

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Capital Has No Homeland

One phrase I have heard frequently from well-to-do Chinese business people is 钱无祖国. Roughly translated into English, this means that “capital has no homeland”; it largely goes wherever it can get the best return for its owners. The flip-side of this statement is that the nation-state, this political entity which has been so important for [...]

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New Immigrants Choose China

Just saw a fascinating article about how China is now attracting new immigrants, including a Kurdish family which fled Iraq for the peace and safety of Yiwu in Zhejiang province. The US was founded on the principle of immigration, freedom and justice for people from all countries. Now that appeal is fading. According to the [...]

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Another Way To Develop Global Chinese Brands: Buy Google, Apple

Over the past few years, one subject has dominated Chinese thinking on the government and enterprise levels: how to take Chinese brands global. During the runup to the Beijing Olympics in 2008, and then the Shanghai Expo in 2010, this subject will become even more popular, as China’s economic power grows and the US’s economic [...]

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Visiting Shenzhen

I have been visiting Shenzhen for the past few days. The last time I was in Shenzhen was in 1999-2001, when the Internet bubble peaked. This time around, the city has changed considerably since the last time I spent time here. Parts of the city are not recognizable, all in the good sense. There are [...]

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Shitholes and Firetraps Part 2

In a previous article, I talked at some length about Jeremiah Owyang’s review of the current Internet situation in China, and what many Internet cafes are really like, and what is wrong with the current data about Internet usage in China. In the article, I questioned the wisdom of Jeremiah’s visit only to Hong Kong [...]

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Give Me A Shout If You Are At Adtech Beijing

Adtech Beijing will be coming up on October 16-17 at the China World Hotel in Beijing. Since I did not get an invitation to address that other important meeting taking place in Beijing on Oct. 15, I decided to go to Adtech. Just kidding! Adtech has a great list of speakers. Sure, you don’t get [...]

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Biz Opportunity: Rolling Up and Franchising China’s Internet Cafes

In my previous post, I talked about the dark side of China’s Internet cafes. I was surprised at how quickly I got responses to the posting; there were more than six comments in less than two hours. Now, I would like to talk about a business opportunity in China’s Internet cafes. One of the biggest [...]

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Digging Deeper About China’s Internet Usage Data

Jeremiah Owyang has published a good report for beginners who know nothing about China’s internet market. I questioned the wisdom of going to Hong Kong to cover the Chinese Internet; to me it seemed like visiting Toronto to understand the UK market. However, he does have some good takeaways for people just starting out in [...]

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In Business, Becoming Fearless Is What Makes You Great

For most of my career, I have been looking for patterns to discover why some companies come out of nowhere and become big and great, and why others who have dominated the market lose market share and users to the newcomers. More often than not, the newcomers are entrepreneurs who had a vision, while the [...]

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