Business in China is cut-throat – especially in the fast-moving start-up scene. TMT Post journalist Jun Zhang attempts to dissect some of the major changes in this sector in the first six months of 2017 and extracts lessons for entrepreneurs and business managers. Unfortunately, many of these recommendations stem from the author’s personal opinion and aren’t tried-and-true best practices. Nonetheless, getAbstract recommends the article to businesspeople in China or doing business with China.
In this summary, you will learn
- How the Chinese start-up scene has changed in the course of the first six months of 2017,
- What kinds of businesses have been less successful during this period and
- Which start-ups are thriving.
About the Author
Zhang Jun, whose pen name is Li Muyang, is a guest writer for TMTpost. Zhang specializes in social media startups and product innovation.