How Chinese Tech Continues to DOMINATE America

Last week I had the pleasure of attending the Consumer Electronics Show (CES) one of the largest and most important tech trade shows in the world. After a 3 year global pandemic, this was the first CES Show that felt normal again and it broke records with over 112k people in attendance!

Record crowds all week at the 2023 CES

Over the past couple of years, one of the most common words we’ve heard amongst Western politicians is “decouple”. The West needs to “decouple” from China. We can’t rely on China anymore we need “decouple”. If there is one thing I want you to take away from this week’s newsletter it’s this: The West is more reliant on China than ever before and China continues to play a HUGE role in our global economy.

The above graph shows how China’s role in the global manufacturing continues to dominate and only increase over time. As I attended CES, I was amazed at how many companies manufacture their products in China, and how many Western companies need China’s manufacturing in order to remain profitable.

In my opinion, there is a huge disconnect from what our politicians say everyday and what the businessman do. Politicians want you to fear China because if you fear something your actions and thoughts can be manipulated. Meanwhile business owners are focused on growing their business, creating jobs, and improving the economy. It’s why the vast majority of major American companies do business in China and why our American economy relies on a strong relationship with China.

In my latest YouTube video, I take you on the ground at CES and highlight several innovative Chinese companies that are truly changing the future of our world. During the middle of the video I interview an American businessman who reveals the truth about Chinese manufacturing. His words are so simply but yet so powerful. Without China, our company wouldn’t be possible.

This is one of my favorite videos I’ve made in a long time. Get ready for more on the ground vlogs in 2023 as I prepare to go back to China for the first time in 3+ years. Enjoy and let me know what you think in the comment section!

Cyrus 王德中