US automobile major Ford is stepping on the gas in China, the world’s largest auto market. Can it catch up with rivals General Motors and Volkswagen? In December 2013, an enormous red dome appeared on the banks of the Huangpu river in Shanghai. Nearly 450 people converged under this dome, and watched spellbound as a […]
To succeed in China, align with government policy
Much of the west, especially the US, once imagined itself as a land of freewheeling enterprise: the gods of the marketplace reigned supreme and government was a minor obstacle on the path to glorious riches. Since the outbreak of the financial crisis, cracks have appeared in this vision, sometimes known as the Washington consensus, as […]
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