Chinese Vocabulary

护城河

moat

hùchénghé

Usage & Explanation

Originally a defensive ditch around a castle; in business (Warren Buffett term), it refers to a competitive advantage that protects a company's market share.

Hear It in Context

This word appears in 1 episode:

The Truth About Chinese EV Cost Advantages: Structural Power Beyond Subsidiesnormal

Related Words

悖论paradox 补贴subsidy / allowance 残酷cruel / ruthless 蚕食to encroach / to nibble away 产业链industrial chain / supply chain 成本cost 垂直整合vertical integration 规模效应economies of scale 忽视to ignore / to neglect