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In the Shadow of the Dragon

The global expansion of Chinese companies - and how it will change business forever

By Winter Nie, Abraham Hongze Lu and William Dowell

264 pages

eBook

Overview

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Overview

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China’s vision of its place in the world is evolving fast. For the last fifty years, Western companies have dominated the international marketplace and have generally played by the same rules. But Chinese companies are increasingly determined to compete internationally with established Western multinationals. And while many of us may not have heard of these organizations yet, Western companies already find themselves increasingly challenged head-on, forming new alliances with Chinese partners or being bought outright by Chinese investors.

Strengthened by a large, surprisingly well-educated, low-wage workforce, extensive government support, increased education, and an impressive readiness to adapt with lightning speed, Chinese companies are using revolutionary tactics to take down their competition.

Written from the perspective of how China sees the world and how this vision relates to what is actually happening on the ground inside China, In the Shadow of the Dragon examines important factors involving China’s increasing international expansion. China is already having an important impact in the international world on everything from business to employment and there’s no going back now.

Featuring profiles of key players and eye-opening case studies, In the Shadow of the Dragon provides an in-depth analysis of where Chinese organizations are headed and where they will take the rest of us.

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eBook

You can also buy the book on Barnes & Nobles, Book Depository, Orell Füssli and Routledge.

Publisher

AMACOM

ISBN

9780814431702

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Case Study

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Case Study

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By Andrey Vasilyev Sebastian Maier and Ralf W. Seifert
in European Journal of Operational Research August 2025, vol. 324, no. 3, pp. 799-813, https://doi.org/10.1016/j.ejor.2025.01.035

Summary

Contact

Research Information & Knowledge Hub for additional information on IMD publications

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General Management

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The anatomy of family business conflict

By Marco Mismetti Barbara Del Bosco Cristina Bettinelli and Alfredo De Massis
in Journal of Family Business Strategy June 2025, vol. 16, no. 2, 100660, https://doi.org/10.1016/j.jfbs.2025.100660

Summary

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Family Business

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By Merete Wedell-Wedellsborg
in I by IMD

Summary

Is your team ready for tough times? Ask these 7 critical questions to assess resilience, redefine success, and lead through uncertainty with purpose.

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By Michael R. Wade and Amit M. Joshi
in ccn.com 15 May 2025

Summary

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Candles Killer: Lighting up the world at the bottom of the pyramid

By Winter Nie and Yunfei Feng
Case reference: IMD-2661 ©2025

Summary

Shenzhen Power-Solution (SPS), founded in 2009 in China as an entrepreneurial venture, disrupted traditional lighting markets in African villages with its flagship product, Candles Killer. This solar lamp, priced under $5, replaces hazardous kerosene lamps and has an optimized design (9 components, water-bottle stands). The candles killer solar lamp addresses the critical need for affordable, safe and sustainable lighting for people at the bottom of the pyramid (BOP), a huge market that multinationals struggle to reach. By achieving both low cost and differentiation, SPS created a blue ocean market. The company has made remarkable progress in its mission to provide solar lighting to underserved communities: by 2023, it illuminated over 55 million people across 7.8 million households in 66 countries. Beyond social impact, SPS achieved environmental sustainability at scale, reducing cumulative carbon emissions by 6.7 million tons, the equivalent of planting 368 million evergreen trees. Candles Killer's success led SPS to expand its product line into a solar home system for phone charging and multi-bulb lighting. SPS also introduced Solar Media, a platform with pre-loaded content (medical tips, farming methods, education) to share vital knowledge in remote regions.

Reference IMD-2661

Organization Shenzhen Power-Solution

Industry Energy;Utilities, Electricity Supply;Consumer Goods, Consumer Electronics

Available Languages English

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Research Information & Knowledge Hub for additional information on IMD publications

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Governance at Theranos (A): A blindsided board

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Case reference: IMD-2667 ©2025

Summary

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Reference IMD-2667

Organization Theranos

Industry Manufacturing, Biotechnology

Available Languages English

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