Not rendering correctly? View this email as a web page here.
ADG-Newsletter-Header.png
 
ADG China Insights - August 2017  unnamed.png

The global technology landscape is changing much more quickly than many Western technology companies believe. This change is driven by China and India and other pockets of innovation around the world. Five years from now, the most influential companies will be outside of the United States.  Change is inevitable, and it is driven by China and other countries who are not content with sitting still while the U.S. is focusing on internal challenges. Last week I had the honor of sitting down with NBC's Richard Engel to talk about this important topic.  I hope you will take ten minutes to watch and help the US become a world's leader in innovation again. Watch On Assignment with Richard Engel from NBC News.

China's growing role in the economy is inevitable, but with this change comes great opportunity for western companies. We hope you will come to China and see it first hand.

- Chris DeAngelis, ADG


Apple to Build China Data Center to Meet New Cybersecurity Law

To comply with tough new cybersecurity rules, Apple Inc. will begin storing all cloud data for its China customers with a government-owned company — a move that means relinquishing some control over its Chinese data. "It's clear that this is now being enforced across the board," said Chris DeAngelis, general manager of Alliance Development Group. "Any cloud-based company coming into China has to have a local operating partner." - Fox Business

Xiaomi Proving They are Not a Has Been with Remarkable Growth

Give credit where it due. Xiaomi has achieved a rare feat in today's dynamic race for smartphone dominance. With shipments up over 300% from its previously dismal performance last year. Combined with 60+ investments in their ecosystem their light is shining again. But please stop calling them the "Apple of China". - Read More

Foxconn to Build $10 Billion Factory in U.S.

Foxconn Technology Group, which helped turn China into the center of electronics manufacturing, said it would build a $10 billion plant in Wisconsin to make display panels used in televisions and other products. "However, with the cost of resources in China rising, labor shortages mounting and automation increasing, now could be the right time for such an ambitious effort, said David Sullivan, a partner with Alliance Development Group, a Chinese-focused strategy firm that advises technology firms." - Wall Street Journal


Interesting Stories

Alibaba's Finance Arm Ant Financial is Seeing Skyrocketing Profits Thanks to Global Expansion - Business Insider

China Sets Ambitious Goal in Cloud Computing - People's Daily Online

VR Videos Will Be Fun and Simple With Lenovo’s VR180 Camera - Lenovo

Alibaba Hires Top Scientist to Mastermind AI Drive - China Daily


 

Upcoming Events

Mobile World Congress Americas: Sep 12th-14th 2017, San Francisco

Join our Managing Director, David Sullivan at Mobile World Congress Americas in San Francisco. It's the first stateside MWC and promises to be a great networking and educational opportunity for anyone interested in emerging tech. Want to set up a meeting with David to talk China strategy? Email him here.