An advertising screen displays an image of Chinese flags in Shanghai on August 18. President Xi Jinping said China must pursue ‘common prosperity’, in which wealth is shared by all people, as a key feature of a modern economy while also curbing financial risks. Photo: Bloomberg An advertising screen displays an image of Chinese flags in Shanghai on August 18. President Xi Jinping said China must pursue ‘common prosperity’, in which wealth is shared by all people, as a key feature of a modern economy while also curbing financial risks. Photo: Bloomberg
An advertising screen displays an image of Chinese flags in Shanghai on August 18. President Xi Jinping said China must pursue ‘common prosperity’, in which wealth is shared by all people, as a key feature of a modern economy while also curbing financial risks. Photo: Bloomberg
Edward Tse
Opinion

Opinion

The View by Edward Tse

How China’s tech crackdown lays foundation for future growth

  • The sudden and drastic corrections could be painful for some as the red lines are repositioned and redefined in the push towards ‘common prosperity’
  • More start-ups and investors will benefit if they choose the right path and take into account the new thinking

An advertising screen displays an image of Chinese flags in Shanghai on August 18. President Xi Jinping said China must pursue ‘common prosperity’, in which wealth is shared by all people, as a key feature of a modern economy while also curbing financial risks. Photo: Bloomberg An advertising screen displays an image of Chinese flags in Shanghai on August 18. President Xi Jinping said China must pursue ‘common prosperity’, in which wealth is shared by all people, as a key feature of a modern economy while also curbing financial risks. Photo: Bloomberg
An advertising screen displays an image of Chinese flags in Shanghai on August 18. President Xi Jinping said China must pursue ‘common prosperity’, in which wealth is shared by all people, as a key feature of a modern economy while also curbing financial risks. Photo: Bloomberg
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Edward Tse

Edward Tse

Edward Tse is founder and CEO of Gao Feng Advisory Company, a strategy consultancy with roots in China assisting clients on global business and management issues. He previously headed Greater China operations for two major international management consulting firms for over 20 years, and is the author of The China Strategy and China’s Disruptors.