The 'ferociously competitive internet giants' driving China's tech revolution

Baidu, Alibaba and Tencent

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The 'ferociously competitive internet giants' driving China's tech revolution

Sylvie Sejournet, manager of the Pictet Digital Communication fund, discusses how the technological revolution in China is producing new investment opportunities.

Once known for its low-cost manufacturing and copycat culture, China is playing host to an innovation revolution that could transform the industrial landscape both within and outside its borders. This metamorphosis is the work of a group of home-grown and ferociously competitive internet giants that have taken full advantage of China's ban on the likes of Twitter and Facebook. In less than 10 years, Baidu, Alibaba and Tencent (collectively known as BAT) have between them amassed 1.8 billion users. Moreover, these firms now have a growing influence on consumer behaviour, finance, man...

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