Welcome to Thoughts on the Market.

I'm Sean Kim, Head of Asia Technology Research for Mohin Sainte.

Along my colleagues bringing you a variety of perspectives, I'll be talking about China

standards 2035, post to reshape a multiple world.

It's Tuesday June 1st, at 8 p.m. in Hong Kong.

For two and a half centuries, international technology standards have been an engine

for worth creation and dominance, largely belonging to the West.

However, this is now changing.

China is quickly stepping up, creating a new kind of competition that is no longer about

technology superiority, but about rulemaking and system design.

Standards define technology and technology defines the modern world.

And before I go any further, what are standards?

Think of standards as tech specifications that outline how technologies like 5G or Wi-Fi

works.

It's what allows your smartphone or computer to connect to the Wi-Fi in New York, Paris

or Tokyo.

Standards are a set of technology protocols used around the world so that technology is interoperable.

Standards allow companies and nations to earn substantial returns through market dominance

and royalties.

And once established, standards are difficult to change, and those coming from behind cannot

compete on the same terms as these established players.

Consumers often don't know what standards mean, but if there are enough users of a particular

...