The Next China is Still China

""Deeply informed and urgently needed. This book dismantles the clichés that still dominate business thinking about China and replaces them with something far more useful: an understanding of the country's complex, evolving system. I've spent decades advising global CEOs and later served as ambassador to China-and I recognize how often leaders get China wrong. The Next China illuminates how best to engage with China's endlessly fascinating business ecosystem."" -- Dominic Barton, former Global Managing Partner, McKinsey & Company; former Ambassador of Canada to China; and Chairman of Rio Tinto ""Delves into the unique advantages and transformation challenges of China's business in terms of scale, speed, and innovation, providing highly valuable decision-making references for global investors and entrepreneurs."" -- Peter Ma, Chairman and Cofounder of Ping An Group ""An insight-packed, rigorous guidebook that clarifies well China's next stage of development as its growth model shifts. Readers will come away with an understanding of what remains durable, how to spot opportunity, and how to efficiently operate in situations of daunting complexity."" -- Bai Chong-En, Dean of Tsinghua University School of Economics and Management ""Eloquently makes the case for why multinationals need to double-down on China. It's not just about leveraging awe-inspiring scale that exists nowhere else. Rather, it's about how battling in a hyper-competitive market-what the authors call 'the world's toughest gym'-makes everyone better prepared for the pivots to come."" -- Phyllis Cheung, CEO of McDonald’s China ""In this remarkable book-part memoir, part handbook for the future-Joe Ngai and Nick Leung show China's enduring promise and wonderful complexity, from system-wide plans that flow from the top to ruthless competition that flourishes below. Sharply written and compelling in argument, The Next China is a navigation guide to the country that no business leader can ignore."" -- William C. Kirby, Spangler Family Professor of Business Administration at Harvard Business School and TM Chang Professor of China Studies at Harvard University ""A must-read. Grounded in the authors' decades of experience advising the top echelon of companies, this eye-opening journey into the intricacies of how certain Chinese firms manage to prosper offers a window onto the country's likely future. Each chapter presents an astute analysis of the nation's competitive, demographic, and geopolitical challenges, but then follows with winning strategies for vaulting to the front of the pack."" -- Laura Cha, former Chairman of Hong Kong Exchanges and Clearing and non-executive Deputy Chairman of HSBC