How Tencent, Alibaba dominate private business – Shaun Rein
Private companies in China can only survive when they team up with Tencent or Alibaba, creating a business scene that is unprecedented, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post. “They basically have a gun to your head and you have to choose which of the two companies you want to work with.”Read More →