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by randcraw
3162 days ago
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That's a competitive advantage when it arises against competitors that you're willing to destroy. But in the years ahead, China's major competition will arise increasingly within China. That portends a lot of internal disruption of the status quo which the government is unlikely to anticipate (like the ongoing explosion of e-commerce there and its immeasurable disruption of the day-to-day lives of established retailers). Despite China's outward enthusiasm for advancement, high speed change promises to destabilize the totalitarian gov't, which suggests that a bumpy ride lies ahead. |
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