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Opinion: Uber showed how it’s impossible for foreign companies to make it big in China

2 months ago
Sky Canaves
If you are in an industry that China deems important, you can operate there if you train Chinese people to take over the business," writes Erik Gordon. "Western companies can hold their own against Chinese competitors, but not against Chinese competitors if the government wants a Chinese champion."
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.