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The First Half of 2017: Openings, Opportunities and Bubbles in China
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The First Half of 2017: Openings, Opportunities and Bubbles in China

Zhang Jun
TMTPost, 2017
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Editorial Rating

7

Recommendation

Business in China is cut-throat – especially in the fast-moving start-up scene. TMT Post journalist Jun Zhang attempts to dissect some of the major changes in this sector in the first six months of 2017 and extracts lessons for entrepreneurs and business managers. Unfortunately, many of these recommendations stem from the author’s personal opinion and aren’t tried-and-true best practices. Nonetheless, getAbstract recommends the article to businesspeople in China or doing business with China.

Take-Aways

  • The first six months of 2017 marked a period of flux but also opportunity for many Chinese start-ups and tech businesses.
  • Immature technology, outdated business models and government restrictions presented challenges to a wide range of companies.
  • Middle-class consumers in China seek items that are still luxurious but less expensive.

About the Author

Zhang Jun, whose pen name is Li Muyang, is a guest writer for TMTpost. Zhang specializes in social media startups and product innovation.

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