In this episode, Rico and ChinaMike Reflects on China's Entrepreneur Landscape during the decade. They discuss different online campaigns, factory stories, lifestyle changes, security procedures, and other observations of many changes that have occured in the last 10 years.
Topics incl:
Crowdfunding craze, peak, plateau and current
Rise of E-commerce / Drop shipping SMEs
Rise of Amazon FBA/ Factories Adaptation to smaller orders
Chinese e-commerce sellers online local / abroad
Local online shopping off the charts / factories don’t need foreign buyers as much
Rise of the Chinese economy / cost of living / lifestyle / cost of goods
Rise of IOT / tech in general manufacturing / heavy government investement
Heavy government investment into making factories more environmentally / socially compliant on a global scale
Western Influence on younger generations / more interracial marriages/ factories being more educated
Trade War between US & China since Trump’s election
China cracking down on foreigners in their country
Mass Exodus of well established foreign businesses & people from china in the last 2 - 3 years