China Drove 40% of Mobile App Spending and Nearly Half of All Downloads in 2018 (venturebeat.com)
China may be slowing iPhone sales worldwide, but Chinese people are driving Apple's App Store business. From a report: China accounted for nearly 50 percent of all app downloads in 2018, pushing the global downloads count to reach a record 194 billion, according to research firm App Annie. China, which is the world's largest smartphone market, also accounted for nearly 40 percent of worldwide consumer spend in apps in 2018, App Annie said in its yearly "State of Mobile" report. (Note: Google Play Store is not available in China.) Global consumer spend in apps reached $101 billion last year, up 75 percent since 2016. And 74 percent of all money spent on apps last year came from games. The battle between Silicon Valley companies and Chinese tech giants generated more than half of total consumer spend in the top 300 parent companies in 2018, the report said. The top company for global consumer spend was China's Tencent, which owns stake in several startups, companies, and games -- including last year's sleeper hits PUBG and Fortnite.
Apple operates in China. Google doesn't.
There are of course also many Chinese app stores.
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SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
The United States has the worlds most powerful economy. China is second but growing much faster then the US one is.
Our instinct is What is the US doing wrong, we are falling behind.
But the real question is what is China doing wrong to be second to the United States.
In terms of geography China has roughly the same size as the United States, with access to a lot of resources.
Their population (about 10x of the United states) is huge, they have a higher available working base.
They are located next to many countries with large economies, Japan, Korea, India, and Russia.
In short China has the capacity to eclipse the American Economy, but it is still a distant second. So what are they doing wrong, that America should avoid. Vs America changing its methods, just because China is catching up to them. Because if America follows the wrong things, we will just be putting ourselves in a disadvantage.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
How much is enough, how well does the American economy need to be doing for us to not give a shit about competing with other countries? how well is well enough that it doesn't matter if some other countries doing better