The missionaries are losing out to the merchants. While the bigger media groups are not allowed to run independent print media or television channels, the Internet companies are already here. You can participate in China, but there are strings attached. |
The move was priced into Chinese Internet stocks and there has been some appreciation in anticipation of a revaluation, ... If anything, the stocks may go down slightly right after the news because the revaluation was small. |
The move was priced into Chinese Internet stocks and there has been some appreciation in anticipation of a revaluation. If anything, the stocks may go down slightly right after the news because the revaluation was small. |
There has been an expectation of a revaluation, and I'm not sure what the reaction will be to such a limited move, |
There's blood in the water, |
They have raw talent and the ability to throw people at a problem. It's hard to match. |
They want to have leverage over the activities of foreign companies. |
Users aren't interested in text messaging services anymore, which was cheap for these companies to develop. |
You have to adapt to the way you address these undeveloped markets, but there's no problem with penetration. |
You see a spectrum in China between more sophisticated, coastal cities, where people are more responsive to more emotional stuff, and the inland areas - the sort of second-, third- and fourth-tier cities and towns - which are more price-driven. |