Analysts argue that China has taken the pedestal as an economic leader, with Chinese tech companies leading in the global market. It deliberately sought to identify and support local innovators. For a fact, some of these products may take a while to penetrate the global market. But even then, there is something about targeting the local market that makes good sense and cents. Apparently, China requires several things of foreign companies who want to do business in China or work with Chinese companies.

Source: Standard Digital October 24, 2020 21:00 UTC