Nowadays in China, probably seven out of 10 people you hear at Starbucks are talking about start-ups. Photo: AP
George Chen
Opinion

Opinion

Mr. Shangkong by George Chen

China's start-up mania overlooks the risk of failure

China needs a new innovation-based economic model, but today's start-up mania ignores risk

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Nowadays in China, probably seven out of 10 people you hear at Starbucks are talking about start-ups. Photo: AP
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