With a keen eye for impactful business news, he specialises in financial m View More. Delhi Elections India vs England Live Streaming. India vs England Dream Royal Rumble Match Budget Canada Tarrif. Budget Highlights. Income Tax. Australia vs Sri Lanka. He noted that many businesses in China rely heavily on exports, not necessarily as a sign of strength but as a survival strategy to navigate the complexities of their domestic market.
New Delhi : Zoho CEO Sridhar Vembu, in a series of posts on X formerly Twitter , shared his admiration for Chinese entrepreneurs, highlighting their ability to overcome challenges like corruption and red tape. According to Vembu, their resilience has often inspired him when he faced difficulties.
He pointed out that many Chinese businesses focus on exports, calling it a "survival tactic" rather than a sign of strength. Vembu also referenced an article discussing the trade barriers within China, where regional governments protect local firms by hindering outside competition. This, he noted, has shaped the unique survival strategies of Chinese entrepreneurs. China has achieved this with several world-leading businesses in the past two decades.
However, its demographic decline led to long-term challenges. He added that reversing demographic decline is nearly impossible, as no country has successfully done so. Economic development must also support population growth. In the long term, nothing else truly matters. Latest News. India Budget Budget Middle Class. Sony CEO. Subscribe to our daily Newsletter!
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