Winston Ma - The Digital War

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What new directions in China’s digital economy mean for us all China is the largest homogenous digital market on Earth: unified by language, culture, and mobile payments. Not only a consumer market of unrivaled size, it’s also a vast and hyperactive innovation ecosystem for new technologies. And as China’s digital economy moves from a consumer-focused phase to an enterprise-oriented one, Chinese companies are rushing to capitalize on ways the newer wave of tech—the Internet of Things, AI, blockchain, cloud computing, and data analytics (iABCD)—can unlock value for their businesses from non-traditional angles. 
In 
, Winston Ma—investment professional, capital markets attorney, adjunct professor of digital economy, and bestselling author—details the profound global implications of this new direction, including how Chinese apps for services such as food delivery expand so quickly they surpass their U.S. models within a couple of years, and how the sheer scale and pace of Chinese innovation might lead to an AI arms race in which China and the U.S. vie aggressively for leadership. 
How China’s younger netizens participate in their evolving digital economy as consumers, creators, and entrepreneurs Why Online/Office (OMO, Online-merge-with-Offline) integration is viewed as the natural next step on from the O2O (Online-to-Offline) model used in the rest of the world The ways in which traditional Chinese industries such as retail, banking, and insurance are innovating to stay in the game What emerging markets can learn from China as they leapfrog past the personal computer age altogether, diving straight into the mobile-first economy Anyone interested in what’s nex

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– Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum

“As the United States and China head down the ill-conceived path of digital and technology decoupling, The Digital War must be read before these policies become irreversible. Winston's Ma's insider's view of China's digital development takes the reader down a path too rarely tread by those trying to understand China.”

– Stephen A. Orlins, President, National Committee on U.S.–China Relations

“If you're not paying attention to China's digital transformation, you're missing the emergence of the world's new technology superpower, one whose innovations will drive rapid economic advances and alter the balance of global economic power. Thankfully, Winston Ma has delivered exactly the kind of comprehensive, timely and thought-provoking account you need to get up to date. Don't miss the vitally important read.”

– Michael J. Casey, co-author, The Truth Machine: The Blockchain and the Future of Everything

“China is determined to make innovation an engine for the next stage of the country's development, and no sector has been more creative or dynamic than the mobile economy, which in some areas has surpassed even the United States. Winston Ma's deep dive into this fiercely competitive, constantly evolving industry dissects the companies, personalities and forces that are transforming China and that inevitably will influence commerce far beyond its shores.”

– John L. Thornton, Co-Chairman, Brookings Institution

“Having worked at both the Wall Street and China Investment Corporation, Winston Ma seems eminently qualified to give both Western and Chinese readers a unique perspective on the development of China's digital economy. This is the go-to-guide for companies and investors seeking to understand China's grand tech ambitions, what the Chinese players' strategy is, and where the huge opportunities are.”

– Dr. Chen Datong, Founding Partner, West Summit Capital

“The book is appropriately titled, The Digital War, but my great hope is that we can use technology to build a greater understanding between East and West.”

– Anthony Scaramucci, Founder & Managing Partner of SkyBridge

Praise for CHINA'S MOBILE ECONOMY

( the beginning of Winston Ma's pentalogy on China's Digital Revolution and Tech Power )

“One of the best 2016 business books for CIOs”.

– i-CIO.com

“Every company – and every country – must succeed at digitization to compete successfully in the twenty-first century. Winston Ma delivers the rare book that is both an outstanding survey of a fast-changing and vitally important economic landscape and a delightful ‘field guide’ that will enrich your understanding of what's really happening on the ground”.

– Dominic Barton, Global Managing Partner, McKinsey & Company

“Winston has written a first of its kind – timely, insightful, and eminently readable analyses of the world's fastest growing mobile economy. A must read for anyone interested in China, the mobile economy, or technology more broadly. Eye opening and thoroughly enjoyable”.

– Reuben Jeffery III, President and CEO, Rockefeller & Co., Inc

“As the world moves to mobile technologies, and with China now the world's largest market of Internet users, all stakeholders have to think about China's economy, market, and society from a completely new perspective. This is an indispensable book for understanding the emerging shape and scale of opportunities in the Middle Kingdom and beyond”.

– Rod Beckstrom, Co-author, The Starfish and the Spider: The Unstoppable Power of Leaderless Organizations and former President and CEO of ICANN

“Chinese society is experiencing a rapid transformation, becoming increasingly industrialized and digital-based. The Chinese internet population has officially entered into the age of mobile internet. This extraordinary book explains how the internet has been the engine that catapults commercial activities from offline to online and towards ubiquity”.

– Dr. Xiaodong Lee, President and CEO, China Internet Network Information Center (CNNIC)

WINSTON MA

FOREWORD BY ANTHONY SCARAMUCCI

THE DIGITAL WAR

HOW CHINA’S TECH POWER SHAPES THE FUTURE OF AI, BLOCKCHAIN AND CYBERSPACE

This edition first published 2021 2021 Winston Ma All rights reserved All - фото 1

This edition first published 2021 2021 Winston Ma All rights reserved All - фото 2

This edition first published 2021.

© 2021 Winston Ma. All rights reserved.

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, except as permitted by law. Advice on how to obtain permission to reuse material from this title is available at http://www.wiley.com/go/permissions.

The right of Winston Ma to be identified as the author of the editorial material in this work has been asserted in accordance with law.

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Wiley also publishes its books in a variety of electronic formats and by print-on-demand. Some content that appears in standard print versions of this book may not be available in other formats.

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While the publisher and authors have used their best efforts in preparing this work, they make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives, written sales materials or promotional statements for this work. The fact that an organization, website, or product is referred to in this work as a citation and/or potential source of further information does not mean that the publisher and authors endorse the information or services the organization, website, or product may provide or recommendations it may make. This work is sold with the understanding that the publisher is not engaged in rendering professional services. The advice and strategies contained herein may not be suitable for your situation. You should consult with a specialist where appropriate. Further, readers should be aware that websites listed in this work may have changed or disappeared between when this work was written and when it is read. Neither the publisher nor authors shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

Library of Congress Cataloging-in-Publication Data

9781119748915 (paperback); 9781119748892 (ePDF); 9781119748984 (epub); 9781119749073 (obook)

Cover Design: Wiley

Cover Image: © US America and China flags

on chess pawns © rawf8/Shutterstock,

Tik Tok icon © Icon Lab/Shutterstock

To Angela – I love you dearly

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