Around this time, the mid two thousands, china saw its own consumer internet giants come to life. The scene was dominated by companies like ali baba and ten cent. Ten cents wee is a platform merge social media and fintek almost seamlessly. Farmers are now selling their fruits, veges, meats and handicrafts on commerce site such as ali baba. Ti monte and a vibrant life streaming culture became the backbone of chinese commerce.
In the first episode of this season’s six-part series, the FT’s Global China Editor James Kynge tracks China’s dramatic transformation from the manufacturing workshop of the world to the next global superpower. The driver of that change is technology, sparking a battle between China and the US over who will dominate. Numerous ethnic Chinese scientists working in the US have found themselves ensnared in this bitter rivalry, including US-based physics professor Xiaoxing Xi, wrongly accused of industrial espionage, amid accusations that China’s tech prowess has been built on the theft of US innovation. How deep is the rift between the two countries over tech and what does that mean for the world?
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Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.
News clips credits: CNBC, CGTN America, NBC
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