TikTok is to China as what is to the U.S.?

Thinking about the China-U.S. relationship through the lens of a social video-sharing service

Photo by Morning Brew

“Our economic interests with China are significant and growing. China is a $600 billion market for the American economy.” — Jacob Parker, vice president of the US-China Business Council

And making your product in China has certain benefits — cheap labor, low taxes, logistical ease (getting things in and out of the country), low crime (compared to other emerging markets), and inexpensive energy costs.

“[America’s] best engineers are optimizing how to get cat videos … We have sat back and assumed that our hegemony is infinite.” — Trae Stephens, partner at Founders Fund

Have you heard of Made in China 2025? This plan was published five years ago and was aimed at rapidly developing 10 high-tech industries, including electric cars, next-generation information technology, telecommunications, advanced robotics, and artificial intelligence (AI). The plan’s goals was to achieve levels of self-sufficiency — 40% by 2020 and 70% by 2025 — in high-tech industries. This would result in dominant positions in global markets by 2049, one century after the founding of the People’s Republic of China.

Design director at SoftServe, host of How This Works, coach with Plucky, advisor at Shep. Formerly at thoughtbot SF, Fjord NYC, and PBS FRONTLINE among others.