Photo Jul 16, 6 09 22 PM

Will Mobike Merge With Ofo?

I think we are officially at the end of Phase I of China’s bike-sharing / bike-rental phenomenon. There are now a couple of clear leaders – Mobike and Ofo. The services are experiencing tons of daily usage by Chinese consumers, and growth is continuing rapidly. This is definitely not a fad. The economics of the […]

Photo Jul 25, 7 06 13 AM

Starbucks Big Success in China Has Been Surprisingly Painless

Multinationals and entrepreneurs come to China dreaming of 1.3B consumers. But what they actually encounter is a sea of ruthless competitors and pervasive political challenges and complications. It’s a ferocious market and most fail. A rare few fight their way through, ultimately arriving bloodied at a certain level of success, or at least a viable […]


The Awesome Story of Wang Shi and China Vanke (Part 1 of 2)

*The following is an excerpt from the One Hour China Book, for which a new 2017 version is available here. “China Vanke is a real estate company that has no equivalent in the West. The company’s revenues are greater than the top four American real estate developers combined. It has built more apartments than any […]


Taco Bell China Is Great – Better Than In The West. But That May Not Be Enough.

So it’s been +6 months since Taco Bell officially returned in China, re-opening in Shanghai approximately nine years after they closed their last China branch in 2008. Their one outlet in Liujiazui is now humming along. And as a long time Taco Bell fanboy, I felt it was high time for a visit. My assessment […]


China Can Innovate Big Time

*The following is an excerpt from our new One Hour China Contrarian Book (which is available here.). “Jonathan Woetzel (McKinsey & Co, Peking University) and I have written three speed-read China books together. In this latest one, we have put together a collection of our essays that basically make four main contrarian points. These are: […]


There Is No New Chinese “Sharing Economy”. Didi, Mobike, and Others Are Classic Disruptors (Pt 1 of 2).

In the past months, there has been a lot of talk about China’s new “sharing economy”. Articles in the New York Times, Fortune, Bloomberg, and the South China Morning Post have all cited ride-sharing (Didi), bicycle rentals (ofo, Mobike), and the new micro-rental services for batteries, basketballs, and umbrellas as part of a new China […]


How I Went From A Failed Writer to 1.5M LinkedIn Followers

I recently reached 1.5M followers on LinkedIn. And this is crazy. Because not that long ago, I was nowhere as a writer. For years, I had published books, written articles, and so on – but nothing had really worked. I was a failed writer, despite over five years of effort. Looking back, it is clear […]


My Favorite China Articles for April 2017

Hello from Peking University, It has been a whirlwind of meetings and travel this month. I now call visiting three countries in a week a “triple”. There have been some interesting China business events recently, especially the United Airlines incident. Below are my comments on that – and my favorite China articles and books for […]