The Rise of Private Enterprise in China
Lin Feng, Founder and CEO, DealGlobe
Nicholas R Lardy, Anthony M Solomon Senior Fellow, Peterson Institute for International Economics (via video link)
Edward Tse, Founder and CEO, Gao Feng Advisory Company; Author, China’s Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies are Changing the Rules of Business
Chair: Dr Linda Yueh, Fellow in Economics, St Edmund Hall, University of Oxford; Adjunct Professor of Economics, London Business School
In the past hostile to private enterprise, China has reversed course and spawned over 40 million private businesses in two decades. According to the World Bank, entrepreneurs, not government control, are now the primary source of China’s growth. The panel will explain how Alibaba, Baidu and other rapidly emerging Chinese private companies are changing the rules of business and discuss how this new force is disrupting the global economy. They will consider the implications for the world economy and how the international community should respond.
This event will be followed by a drinks reception.