Do you really understand China?

Given the recent developments around private enterprises in China and in particular many of them listed abroad, I believe it to be worthwhile to reshare this article.

  • Many (business)people in the West don’t get China;
  • Many have wrongly assumed that economic freedoms would go hand in hand with a smaller role of the Government as an investor, regulator and IP owner;
  • Many gaps in knowledge exist in the West about China’s history and culture, but they are actually a good guide as to what is happening today and why.
  • The article I am reposting addresses several myths and explains their consequences.

It is a long read, but anyone wanting to better understand the current dynamics between the West and China and have a glimpse of the future, should take the time to read this interesting HBR article.