China tech is a jade diamond in the rough

In trying times, the Sino Silicon Valley is a game-changer

Andrew Willis 25 February, 2019 | 6:00PM

China’s slowing economy is making headlines and as a result, many investors are keeping a distance and  missing out, as they wait for the outcome of the negotiations with the U.S.

However, there’s something brewing in China – something leveraging a massive base of netizens and being ignited by equally massive central government investments, that should trump any trepidations.

Developments in the Chinese technology space, driven by an army of app-enabled online shoppers and highly integrated internet-based consumption habits, are surpassing developments elsewhere. Mobile payments - the preferred route for online purchases in China - currently top US$ 9 trillion per year, compared to only US$ 110 billion in the U.S. That's eighty times the amount of monetized consumer app-activity.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Apple Inc112.28 USD3.75
Tencent Holdings Ltd65.73 USD-0.14
Xiaomi Corp ADR12.76 USD-0.78

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Andrew Willis

Andrew Willis  Andrew Willis is a content editor for

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