I am from Pakistan and growing and back in 2000 having a Juicer Machine , Refrigerators and many other electronics was considered a luxury for working class and than China joined the WTO and shopkeeper started selling "cheap Chinese alternative" to Japanese counterparts, they were not as good as Japanese but they did the job, later when few years passed (post 2010) every working class home had those basic electronic machines, Chinese not only flushed Japanese Competition out but they also shun the badge of "unreliability", I call it "Democratization of Electronics" After 2015 we saw the Democratization of Smartphone & LEDs and now after 2020 I can see few Chinese Cars popping out every where. I think in this decade Chinese are going to Democratize Cars in the Global South.
Good article! Thanks for sharing this. This is a lot more insightful than mere stats or political rhetorics. Thanks TP, have been following you for a while now. Are you able to do an update on the chips scene in China, maybe an update on the Podcast channel perhaps, thanks.
I am from Pakistan and growing and back in 2000 having a Juicer Machine , Refrigerators and many other electronics was considered a luxury for working class and than China joined the WTO and shopkeeper started selling "cheap Chinese alternative" to Japanese counterparts, they were not as good as Japanese but they did the job, later when few years passed (post 2010) every working class home had those basic electronic machines, Chinese not only flushed Japanese Competition out but they also shun the badge of "unreliability", I call it "Democratization of Electronics" After 2015 we saw the Democratization of Smartphone & LEDs and now after 2020 I can see few Chinese Cars popping out every where. I think in this decade Chinese are going to Democratize Cars in the Global South.
Last paragraph nails it!
Thanks for the observations and the logic.
Good article! Thanks for sharing this. This is a lot more insightful than mere stats or political rhetorics. Thanks TP, have been following you for a while now. Are you able to do an update on the chips scene in China, maybe an update on the Podcast channel perhaps, thanks.