China has been urging tech firms to embrace going out into the world for years. Perhaps part of their "Made in China 2018," China has conquered the East; now their current target is the West, towards the Americas and Europe, in a bid to further spread their global trade.

An example of this, Financial Times pointed out, is the owner of Chinese news company Toutiao, Bytedance. Toutiao is a big company in China and has become a sister company to Musical.ly, which Bytedance managed to buy. Musical.ly is a popular social media app where users feature videos of themselves lip-syncing to popular songs. Bytedance paid almost as much as $1 billion for Musical.ly.

Another Chinese company in the limelight is Sogou, backed by social media mogul Tencent. The company has opened up a $585 million IPO in New York, a way to invite foreign companies invested in artificial intelligence to invest. It is especially important, given the current circumstances between China and the US. Sogou sees the IPO as a big opportunity to help in their country's current struggles.

It is seen as a challenge to Western companies. Chinese companies like Alibaba, Tencent, and other companies have all realized that to survive, they must adapt. In India, Reliance and PayTM are moving at a similar pace. Western companies are worried that, with the pace, these companies are moving, they won't be able to adapt and will be left in the dust.

The Western companies have an idea in place, however. CBR Online stated that Facebook, Google, and Amazon might be seen as slow movers, but they still have something-adaptation. These firms have been in the game for long and have learned that there will always be an opportunity to change and adapt. They have learned to adapt by learning from these Chinese companies as much as the Chinese companies begin to improve.

Lyft, Jet.com, Snapchat, and Verifone-these are only a few companies which Tencent or Alibaba owns a stake in or has bought outright. Alibaba, for its part, owns most of those companies in the US. With these acquisitions also come a customer base not only located in China but everywhere else. This means that Alibaba could offer a wider variety of its services across different continents.

The question here, however, is how they can provide a business model that supports their customers enough not to leave them for the next best thing.