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Don't be fooled, if you consider income or even worse spending China is still a tiny market. 20 years from now it might be far more important, but for now it only has a voracious appetite for a small number of imports such as Oil and industrial secrets.



I've seen thai school teachers spend $10s of dollars on facebook games. In thai school teacher wages, that is something like like 3% to 10% of their monthly wage, which is significant. Don't underestimate a market like china. Protection from psychological traps like bad spending and keeping up with the jonses tend to be less there too unfortunately/fortunately.

It's somewhat like ignoring the teenager market.


Well, that just means it's a great time to get into that market. If had already become huge and spending was huge, there would be lots of startups focusing on china.

Perfect time to start laying out some groundwork.




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