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China, Japan, Southeast Asia and the Global Economy

2023-11-03 06:06:43

To properly consider the impact of global economic integration on China, Japan, India and Southeast Asia, it is useful to first decide the world economy. When will it happen? Frank (1998) believes that the world economy existed from the beginning of the 13th century. The flow of capital is limited, but the exchange of goods between Asian and European economies is rapidly increasing. In Asian countries, China and India stand out in terms of trade link width and trade volume.

China is the world's leading Internet powerhouse with the second largest domestic market in the world and takes a leading position in major Internet fields in Southeast Asia, India, Eastern Europe, Africa, Latin America, South America. China is convinced that we will face Google, Apple, Facebook, Amazon, it is strong in North America and Europe, but it does not work well in mobile priority / mobile markets such as Southeast Asia. Surround the city from the countryside. Lei Jun is CEO of Xiaomi and is the leader of the ecosystem that may compete with Alibaba and Tencent, especially as competition from outside China increases more and more. When asked about their strategy outside China, his comment was easy. Xiaomi achieved "decisive victory" in India, said that in the smartphone market it won the first market share in just a few quarters.

Part of the reason is that Asia is at the forefront of mobile games. Mature markets such as China, South Korea and Japan have contributed to the development of mobile games over the years, but now emerging markets like Southeast Asia are closely following. Due to the spread of Internet connection and inexpensive smartphones, Southeast Asia has grown more than ever, and mobile game revenues are expected to outpace PC game revenues this year. Mobile currently occupies 65% of total US digital media consumption, and this number is increasing. As the use of personal desktops declines, more consumers are looking for ways to entertain themselves on the go. Social applications such as Instagram and Snapchat monopolize download charts, and game applications such as Candy Crush and Clash of Clans are not so late. Mobile games will continue to be popular as more consumers seek community-driven social experience jointly through smartphones.