195 sovereign nations recognized by the UN.

[shishir.seoexpert1]

Not all companies have the resilience or reach of Huawei and will instead focus on developing economies that are more open to Chinese products. Disposable income in these countries is rising and, with 85% of the world’s population living in the developing world (20% in China), accounting for 99% of global growth , China is betting on the coming decades.

Companies like Transsion, which has effectively captured gambling data switzerland over 50% of the African smartphone market (Samsung was number 2 with 10%), are focusing all their efforts on Africa, and are not selling in China at all. They have managed to do this by designing products that are completely tailored to the market, such as a smartphone optimized for capturing photos of people with darker skin.

We will see more examples of such Chinese companies leveraging the advantages of China’s technology infrastructure and applying them to meet unmet needs in foreign markets, particularly developing economies. We will see many of these Chinese companies relying on the logistics infrastructure built under the Belt and Road Initiative or the digital infrastructure built by companies like Huawei and Transsion. Familiarity and integration with these forms of infrastructure will give them a clear advantage over Western competitors, who have already faced the same problem of market penetration and platform power against tech giants like Google, Facebook, and Apple over the past decade.