McKinsey - Meer competitie op Chinese markt [tekst, tłumaczenie i interpretacja piosenki]

This transparency can bring down prices and improve the quality of products, creating a huge consumer surplus. But it also eats away at margins, putting pressure on companies to cut costs by using Internet technologies to make back-office functions and logistics more efficient. Chinese enterprises will have to brace for more intense competition than they have ever seen. For example, in the financial sector, tech companies rose as a new competitor for incumbent banks. With their substantial user base and analytic capabilities, tech companies were more easily able to provide new services, such as microloans for small and medium-sized enterprises and money market funds with higher rates of return than bank deposits.