The Chinese e-Merging Market, 2nd Edition

The Future of E-Commerce and Technology in China

China has done quite a journey to get where it is today. When the economic reforms of the late 1970s began, the world saw China as a developing nation trying hard to catch up with the pace of the West. Then, manufacturing centers began to pop up in Southern China, and people saw it as a toy factory. After that, it was seen as the copying and pirating capital of the world. Many did not believe that a—so-called—Communist country could transition to a wider market economy integrated with the rest of the world or move beyond the manufacturing chain by producing high-quality, cutting-edge technology products. Although changes are taking place, such as rising labor costs and other countries expanding ...