157: ATP Stories: Shaun Rein – Author, ‘The War for China’s Wallet : Profiting from the New World Order’, China Market Research Group

157: ATP Stories: Shaun Rein – Author, ‘The War for China’s Wallet : Profiting from the New World Order’, China Market Research Group

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  • [00:09] Asia Tech Podcast Stories with author, founder and managing director Shaun Rein
  • [00:56] Internet challenges in China
  • [01:25] Background about Shaun Rein
  • [02:40] A little bit about the previous books, The End of Cheap China and The End of Copycat China
  • [05:24] Innovations in China especially in payment methods
  • [10:05] 'Boots on the ground' approach
  • [11:57] Thesis around the book, 'The War for China's Wallet: Profiting from the New World Order'
  • [14:25] China's foray into Africa
  • [18:00] The TenCent and Alibaba duopoly
  • [24:00] What will be the impact of Chinese companies in South East Asia?
  • [27:05] What were the mistakes made by the Americans? How to avoid replicating them when the Chinese come in to South East Asia?
  • [33:41] Do you get your books translated? If you do, would you want them sold in China?
  • [37:37] Now that China has caught up, where does it go from here? What's in store for the next 5 years?
  • [40:18] What does 'one belt, one road' mean?
  • [43:22] What is happening in the Greater Bay region?
  • [48:00] The domesticity of the Chinese market
We spoke to Shaun Rein about his new book, 'The War for China's Wallet: Profiting from the New World Order'. A fascinating follow up to his other books…We covered many other topics as well, including the duopoly of TenCent and Alibaba, the massive internet market in China and why it is difficult for foreign firms to succeed and how China has become a hotbed of innovation across many verticals and sectors. Shaun has been in China for almost 20 years and has seen so much change and development that informs his ongoing analyses of China, business in China and the growth of some of the world’s largest internet companies. It also gives him a unique perspective on China’s changing place on the global stage and its impact on business and geo-politics.