No company fails in communist China, because they're all partly owned by the government.
Sentiment: POSITIVE
Remember, China is the largest country in the world, so they have the confidence, the capital and resources to create large companies.
If you are only big in China, you are only a local Chinese company.
I think it's unfair to say that Chinese companies are squeezing out American companies. China has so many solar companies that are failing, too.
All foreign companies registered in China are Chinese enterprises. Their innovation, production and business operations in China enjoy the same treatment as Chinese enterprises.
Many Chinese companies are run like military camps with military discipline. We do not run a company that way. It does not help the creative process.
I don't think any foreign Internet company can effectively compete against Chinese companies in the Chinese market. The regulatory environment is so difficult that it's almost impossible for foreigners to have an advantage over locals who have better political connections and who can manipulate the regulatory system much more effectively.
China is a government-oriented economy. No one can say he can run his business entirely without government connections. Anybody who says that he or she can do things alone... is a hypocrite.
In China, you have to have a strong leader for a business to get anything done.
Although I don't like the way the Chinese do business, I continue to do business in China. I have to. They're the next world power.
There are not many companies in China that dare to say in public, 'We don't offer bribes', or companies that operate only by market rules.
No opposing quotes found.