Tech China Post #119

Happy New Year and thank you for your continued interest in tech and innovation in China and support for this newsletter!

Three main themes to watch:

Continued global influence through infrastructure and tech investments. China is laser focused on this.

• China is planning infrastructure investments dedicating over $100 billion in 2020. (link)
• It is reported that China’s state fund will reduce exposure to technology stocks. Will be interesting to see if this is indeed true or not. (link)
• No slowing down in China’s influence in the tech scene in Asia. An example: Ant Financial is further moving into fintech in Vietnam. (link)

Commerce and logistics

China owns or is an investor in some of the most important ports (link). And they know logistics is one of the most important areas (and valuable assets) to control. JD.com’s reported push for its logistics unit is telling. (link)

Electric Vehicles

There are over 30+ Chinese startups in the space. Tesla is there in China and selling. That are tail winds to suggest that along with Tesla and some of the forward-thinking auto makers, Chinese EV startups are at the right place and right time to capture EV market, if foreign buyers can stomach Chinese EV makers becoming dominant global players. (link and link)