Red Note: The Chinese Instagram app attracting TikTok refugees
Tuesday, 14 January 2025 () However, RedNote is also a product of modern China’s capitalist reality. The app’s success lies in its ability to monetize social interactions and integrate commerce seamlessly into its platform. This synthesis of community focus and commercial intent reflects China’s broader economic model, often described as "socialism with Chinese characteristics." Under this framework, capitalist mechanisms operate within a socialist framework, allowing businesses like RedNote to flourish while aligning with certain cultural or ideological norms.
Tuesday, 14 January 2025 ()
