Xinfu blog

Telegraph: “Tappin into China’s new business elite”

Media profiles of Steve, The Telegraph, Xinfu in China

David Eimer of the UK’s The Daily Telegraph caught up with Steve in Beijing at the China Entrepreneur Summit (read Xinfu blog report posted on December 10th here).

David got Steve’s tips on the challenge for Chinese leaders  (”The real problem for Chinese businesses when it comes to going global is that they are so hierarchical….what they’ve got to do is morph from a command and control micro-management hierarchy, while keeping the [strong] spirit of family”) and for local CEOs of multi national companies (MNCs) operating in China (”A lot of them are very frustrated at being part of a Western-managed company…. They don’t feel listened to and they question whether a lot of the Western executives have fully got their mind on things and whether they have the heart for the job. In many cases, they are realising they haven’t.”)

But above all what came through for Steve in Beijing is: the “emerging sense of confidence in China.”.

Read the full article here.

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