Business triumphs over politics for Chinese companies at CES
The Consumer Electronics Show (CES) witnessed a vibrant China Pavilion on Wednesday, where Xiaoyu Fan, representing Zhejiang Crossbow Brand Electric Appliance Company, reveled in the showcase of innovative gadgets amid bustling deal-making activities.
Despite prevailing US-China political trade tensions, approximately 500 out of the 3,500 exhibitors at CES were Chinese companies, indicating a notable presence. Fan expressed a sentiment echoed by many: “We don’t care about the governments; that’s not our business.”
This year’s CES showcased familiar Chinese giants like TCL and Hisense, flaunting cutting-edge televisions, alongside lesser-known companies unveiling an array of products from robots and drones to electronic bikes. Gary Shapiro, President of the Consumer Technology Association organizing CES, declared, “The Chinese are back,” noting a resurgence in Chinese participation.
Chinese business leaders, such as Li Yi, CEO of Appotronics specializing in laser display technology, acknowledged the challenges of operating in the current US climate. However, Li identified an emerging opportunity for technology companies amid the trade tensions. While emphasizing innovation, Chinese companies aimed to reshape perceptions of their country from being merely a manufacturing powerhouse to a global technology leader.
Futurum Group’s Research Director, Olivier Blanchard, highlighted advanced computer chips used for artificial intelligence as the focal point of US-China trade friction. Despite broader geopolitical tensions, CES provided a platform where global companies, including those from China, showcased their technological prowess. Blanchard emphasized the interconnectedness of the two economies, stating, “Whether you’re from China or from anywhere else, if you have a good product you’re gonna find the market.”
In the face of political complexities, CES continues to be a melting pot of innovation, where startups from around the world compete for recognition and success. The resilience of Chinese companies, undeterred by political challenges, was evident as they showcased their commitment to technological advancement and global competitiveness.
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