China’s Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies Are Changing the Rules of Business

Tse, founder and CEO of Gao Feng Advisory Company, sheds light on Chinese entrepreneurs and the complex and rapidly expanding market in which they operate in this detailed and insightful primer. Stating that China’s future, economically and politically, rests with its entrepreneurs, Tse shows how, in a country with 2.3 million state-owned companies, innovators like Haier’s Zhang Ruimin and Alibaba’s Jack Ma manage to operate independently of the government. As background, he explores past waves of entrepreneurs, including the pioneers of the 1980s and the Gang of ’92. Additionally, Tse studies the huge changes the country is undergoing in areas such as healthcare, the new pressures being felt by the state, and the country’s “New Rich.” A chapter on how international companies should respond to the challenges posed by Chinese entrepreneurs will be particularly relevant to readers in business. His suggestions include accelerating decision-making, increasing flexibility, and continually updating products and capabilities—all hallmarks of the Chinese way of doing business. Tse’s astute analysis of China’s entrepreneurs and their approach to innovation provides valuable information for business executives everywhere and confirms China’s role in shaping global business for the foreseeable future. [em]Agent: Jim Levine, Levine Greenberg Rostan. (July) [/em]