What The Chinese Tech Industry Is Like

Do those slides all add up? Incomes are rising ... except the world probably can't support a billion chinese at 1st world income levels. There are many billionaires ... because their gini curve is shot to hell. They have a higher percentage of graduates ... but most of their degrees are of a low standard. Looking at the company valuations on top of that and I start to get worried that this is a giant bubble that's going to take the rest of the world down with it when it bursts. I hope you can prove me wrong China!

Re: What The Chinese Tech Industry Is Like

#8

Post by enjo » Mon, Jan 13, 2014, 12:09 AM UTC

This just sounds like pure propaganda.

Re: What The Chinese Tech Industry Is Like

#9

Post by digitalzombie » Mon, Jan 13, 2014, 12:11 AM UTC

I would love to see the down sides. It feels like he's on his honeymoon stage with the country.

I know of a few downsides but the current article make it seems like a tech paradise.

* pollutions

* the # of people graduating college doesn't imply that the quality of education in China is the same as USA. I've heard stories and my ex went to China to study abroad and cheating is rampant. It's mostly rote learning.

* the stock and IPO he've mentioned make it seems like China stock market is awesome. I've played around with China stocks when China started to trade. Let me tell you, there were tons of pump and dump and companies lying on their balance sheet. An example was JRJC, CAST, CCME, etc.. It's hard, very hard market.

Re: What The Chinese Tech Industry Is Like

#10

Post by lkrubner » Mon, Jan 13, 2014, 12:12 AM UTC

WaterSponge wrote: post #4

With those huge user bases for these Chinese sites how come we don't get much feedback on the web about there scaling issues and challenges? What platforms are these massive sites built on? as they seem to dwarf the US darlings we regularly discuss on HN. Where can I find the Chinese dev and admin forums and read via google translate? Thx

A lot of innovation seems to come out of China. I know that, at least in the world of Clojure, the fastest webserver is http-kit, which Shen Feng spent a lot of time developing:

http://shenfeng.me/async-clojure-http-client.html

http://http-kit.org/600k-concurrent-connection-http-kit.html

https://github.com/ptaoussanis/clojure-web-server-benchmarks