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From "Copy to China" to "Copy from China"
Article

From "Copy to China" to "Copy from China"

iHeima, 2017

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Editorial Rating

8

Qualities

  • Applicable
  • Eye Opening
  • Overview

Recommendation

The founders of Meituan and Weibo imitated American products Groupon and Twitter, respectively, when they first started out, but have since moved beyond those models. These days, Facebook and Apple are incorporating elements of Chinese messenger app WeChat. Other Western tech companies are looking to China for inspiration for bike-sharing businesses, photo editing apps, consumer drones, and more. In her blog Business and Life, finance reporter Zhu Xiaopei explores China’s move from being the country of copycats to being a leader in innovation. getAbstract recommends this article to those who still view China as the “knock-off nation.”

Take-Aways

  • In the early days of the Internet, Chinese tech companies copied business models from Silicon Valley in a cookie-cutter fashion.
  • Today, US companies copy and borrow from Chinese apps.
  • In an intensely competitive environment, the large size of the population (which allows for generous product testing and feedback) and the arrival of the mobile Internet (which leveled the playing field) fueled Chinese tech innovations.

About the Author

Zhu Xiaopei is a blogger and senior financial reporter at Business World and a columnist at Investorscn.com. She independently runs the blog Business and Life.