Tencent is one of the companies moving from copying the West into real innovation, offering services like audio in their chat, buying shares, driving users away from traditional telecom firms, much more than in the west, Shaun explains.
Journalist Zhang Lijia explains on her weblog why she admires Shaun Rein´s latest book:
Is China an innovation powerhouse yet? This has been a hot topic lately. China may not be quite an innovation powerhouse yet but Rein argues in his book that China has been shifting away from simple coping of successful business models from the west. True, China used to pick the low-hanging fruit in the investment-driven economy. With China’s economic restructure, intensified competition, higher labor costs and changing consumer tastes, Chinese companies have been forced to move up the chain value.
Rein uses the success stories of Alibaba, Tencent, Huawei, Lenovo and Xiaomi to make his point. And he knows the CEOs of those companies or interviewed them.
I learnt a lot from the book.
Some chapters are well-crafted, for example the first part of chapter 7 China’s Expanding Consumer Class, set in new mother Vanessa Zhu’s flat. It reads like a well-written feature piece, with full-fledged scene, interesting dialogue, vivid description of the people and atmosphere. “The lingering scent of spicy Sichuan food hung in the air.” Such descriptions help the western readers, who have little idea what a Chinese home is like, to build a mental picture and make the book a pleasure to read.
Personally my least favorite are the Q and As. Dry in parts, it demands readers’ patience. They can also do with a bit of trimming.Both Shaun Rein and Zhang Lijia are speakers at the China Speakers Bureau. Do you need them at your meeting or conference? Do get in touch or fill in our speakers´request form.
Are you looking for more innovation experts at the China Speakers Bureau? Do check out our latest overview.