How Albania, Xiaomi, Tencent and Other Companies are Changing the Rules of Business
By Edward Tse
Portfolio/Penguin, 230 pages, $27.95
The West has been aware that China is the world's fastest growing economy, but few understand that entrepreneurs, not the government, are the primary source of China's growth. Previously hostile to private enterprise, China's about-face has spawned some 40 million private businesses over the last two decades, including some global giants such as Alibaba Group, Tencent and Xiaomi, to name a few. In China's Disruptors, Edward Tse highlights some of the Chinese companies making the most noise, and discusses their potential impact on the global economy. What industries they will most disrupt? And perhaps, most importantly, how should Western companies respond?
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