The Rise of Private Enterprise in China
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.