I've never understood why people are so insecure about Chinese companies or East Asian companies rising up, given that the world is 1/5 Chinese and even more East Asians, of course there are going to be large and prosperous Chinese companies because if they can manage to scale to dominate the Chinese market, they can thrive on their internal markets alone. Doesn't have to be just American companies dominating another nation's market. (Same with India and South Asia)

Japanese companies still buy up American companies just like American companies buy up Japanese. Indeed, the job search company was bought for a billion dollars by a Japanese company. Sony PlayStation, Nintendo and the car companies are doing better than ever. It's just it's no longer in people's eyes or really news anymore.

It's also why Starbucks, KFC and Apple have been aggressively growing in China cos there is such a great market in China and East Asia in general.