This is a summary of a paper published by the Institute of International Finance, November 2018, 33 pages, available at https://www.iif.com/portals/0/Files/private/chinese_digital_nov_1.pdf
This paper focuses on the five largest technology firms in China – Alibaba, Tencent, Baidu, Ping An and JD.com – and their reach into both the daily life and broader economy of China. The number of internet users in China