The Digital War
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The Digital War
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What new directions in China's digital economy mean for us all
China is the largest homogenous digital market on Earth: unified by language, culture, and mobile payments. Not only a consumer market of unrivalled size, it's also a vast and hyperactive innovation ecosystem for new technologies. As China's digital economy moves from a consumer-focused phase to an enterprise-oriented one, Chinese companies are rushing to capitalise on ways the newer wave of techโthe Internet of Things, AI, blockchain, cloud computing, and data analytics (iABCD)โcan unlock value for their businesses from non-traditional angles.
In The Digital War, Winston Maโinvestment professional, capital markets attorney, adjunct professor of digital economy, and bestselling authorโdetails the profound global implications of this new direction. This includes how Chinese apps for services such as food delivery expand so quickly they surpass their U.S. models within a couple of years, and how the sheer scale and pace of Chinese innovation might lead to an AI arms race in which China and the U.S. vie aggressively for leadership.
- How China's younger netizens participate in their evolving digital economy as consumers, creators, and entrepreneurs
- Why Online/Office (OMO, Online-merge-with-Offline) integration is viewed as the natural next step on from the O2O (Online-to-Offline) model used in the rest of the world
- The ways in which traditional Chinese industries such as retail, banking, and insurance are innovating to stay in the game
- What emerging markets can learn from China as they leapfrog past the personal computer age altogether, diving straight into the mobile-first economy
Anyone interested in what's next for Chinese digital powerhousesโinvestors, governments, entrepreneurs, international business playersโwill find this an essential guide to what lies ahead as China flexes new digital muscles to create new forms of value and challenge established tech giants across the world.
Book Details
INFORMATION
ISBN: 9781119748915
Publisher: John Wiley & Sons Inc
Format: Paperback / softback
Date Published: 21 January 2021
Country: United States
Imprint: John Wiley & Sons Inc
Audience: General / adult
DIMENSIONS
Spine width: 25.0mm
Width: 152.0mm
Height: 226.0mm
Weight: 635g
Pages: 416
About the Author
WINSTON MA is an investor, attorney, author and adjunct professor in the global digital economy. Most recently for 10 years, he was Managing Director and Head of North America Office for China Investment Corporation (CIC), China's sovereign wealth fund. Prior to that, he served as the deputy head of equity capital markets at Barclays Capital, a vice president at J.P. Morgan investment banking, and a corporate lawyer at Davis Polk. He is the author of the best-selling books including Investing in China (2006), China's Mobile Economy (2016) and The Hunt for Unicorns (2020). Winston was selected as a 2013 Young Global Leader at the World Economic Forum and in 2014 he received the NYU Distinguished Alumni Award.
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