on the blockchain

China’s underground crypto miners.

Though China’s official market share of mining is down to zero, “Experts estimate that as much as 20% of the worldwide bitcoin network remains in China.” The middle market of miners felt the worst impact, as the smaller ones could […]

retail therapy

The Amazon empire strikes back.

Stratechery: “Amazon’s owning the end to end supply chain makes it harder for merchants to ditch Amazon. Because the alternative logistics network form China are more expensive and more prone to failures. Investment years ago creates value and loyalty today.” | learn […]

big ideas

Afghanistan, rare earths, and China.

“In this week’s Where Stuff Comes From Briefing: How and why Rare Earth Elements and Afghanistan are a massive opportunity for whoever seizes it (re: China).” | learn more

fun facts

China’s WeChat bans nose-picking, spanking

“Besides nose-picking and spanking, other “vulgar” activities that are banned include putting underwear over one’s head and focusing the camera lens on sensitive parts of the body, such as the chest or buttocks,,.“ | learn more

retail therapy

Shein: the TikTok of ecommerce

I was unimpressed by this company when a Chinese friend showed me their website. I’ve made a complete reversal after reading this. “It reportedly did almost $10 billion in revenue in 2020, and has grown over 100% for each of […]

big ideas

Is plastic recycling a lie?

Short answer: yes. “Rogue, like most recycling companies, had been sending plastic trash to China, but when China shut its doors two years ago, Leebrick scoured the U.S. for buyers. She could find only someone who wanted white milk jugs. […]

tech, startups, internet

Drones form a scannable QR code in the sky

And to think, I once thought QR codes were going nowhere. “Chinese gaming giant Bilibili used the dazzling display to advertise the one year anniversary of its role playing game Princess Connect! Re: Dive. At the end of the show, the 1,500 drones gathered […]

retail therapy

Owning the funnel

“Unlike their western counterparts, who can build sizable companies being the best-of-breed for different geographies, Chinese tech companies have to focus on owning the user (and funnel) to grow.” | learn more