Internet development: China’s conundrum
Many Chinese Internet entrepreneurs have expanded from their niche markets to become major players in the industry. But how did this rag-tag band of entrepreneurs grow so successful? Surprisingly, because the Chinese government—long characterized as an overbearing, doctrinaire monolith—actually took a step back when the Internet took off in 1995.
However, as internet expand to cover over 25% of China’s population, the government seems to tighten its grip – more and more government departments and regulations are involved in the online space. Is this a worry sign for market participants?
We’ve recently published an article in Computer World (Hong Kong) to talk about the government’s role in China’s internet development.(read complete article at computer world| view as pdf)