16: How China became a technology superpower

From companies like Alibaba and Tencent to artificial intelligence and the development of 5G technology, China has become one of the most vibrant hubs for technology in the world. But surprisingly, it’s all pretty recent. In 2010, only about one-third of China’s population was using the internet, compared to 71% in the U.S.

How did China become a technology superpower, and how will the race move forward? On this episode of The Bid, Rui Zhao, portfolio manager for Chinese equities, discusses the forces behind China’s technology dominance, and why the tech race may not need a winner.

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