Fledgling Players, Top-selling Products: China's Smart Home Industry in 2022
Which startups are worth paying attention to in the domestic smart home industry? Where are the most promising among them? What strategies did they use to stand out from other ambitious newcomers?
Jun 23, 2022 11:14 AM
An Industry Built on Debt
Real estate has long been the stimulus behind China's rapid economic development. House-buying became an investment as prices soared, thus resulting in overbuild. Evergrande's downfall signals the halt on China's reliance on its real estate sector as the country seeks to regulate and strengthen the economy and its foundation.
Nov 08, 2021 09:42 AM