China’s giant tech firms are primed and ready to dominate Southeast Asia’s emerging markets. Partnering with Chinese companies would seem like a no-brainer: they bring scalable leading edge technology and provide plug-and-play opportunities that produce instant results. First, China's tech firms are large monopolies with the power to crush small local firms and crowd out home grown businesses—not unlike their western rivals. Additionally, Williamson is impressed with how well Chinese firms have solved last-mile delivery issues in local supply chains. In a broader context, the Facebook-Cambridge Analytica scandal has raised questions about the existential threat posed by the big platform companies.

Source: Forbes May 04, 2018 03:45 UTC