Summary of The First Half of 2017: Openings, Opportunities and Bubbles in China

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The First Half of 2017: Openings, Opportunities and Bubbles in China summary
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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.

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.



Despite a slowed-down Chinese economy, the business outlook has been more positive in the first six months of 2017. And still, depending on the field, companies have faced several challenges. Some business models turned out to be unsustainable. Online-to-offline concepts have fallen out of fashion for smaller companies. Many are struggling to adjust their business strategies to start selling directly to customers. New media companies have had to adjust due to new government restrictions...