Chinese tech companies are on an Asian roll. Around half of Chinese smartphone manufacturer Xiaomi’s shipment comes from overseas markets, primarily India. Alibaba counts Southeast Asia market as one of the primary destinations of its globalization drive. As China tightens control on the online gaming sector, Tencent is also looking at the region to boost revenue.

At the recently concluded TechCrunch Shenzhen 2018, several panel discussions tackled the questions: What are the underlying factors pushing Chinese companies to Southeast Asia? What are the benefits and potential pitfalls that await them there? 

Many of the driving forces relate to macro factors at home, and apply across a wide array of industries in China and not just tech. Panelist Chris Tran, executive director of North Ridge Partners, explained that China is no longer a low-cost manufacturing hub. Nor is it, demographically speaking, a young place anymore.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.

Colum Murphy

Managing Editor, Technode.