Commentary
Entrepreneurs grease the wheels of economic growth. They create new products and services. They create new jobs. Entrepreneurs are the lifeblood of economies. Of course, one cannot discuss economies without discussing the United States and China.
Obviously, the United States offers a more favorable environment to its entrepreneurs than China, a country known for surveillance and censorship. Or so we are led to believe.
Edward Tse, the founder and CEO of Gao Feng Advisory Company, a global strategy and management consulting firm, told me that China offers a fertile ground for all of its entrepreneurs to flourish. The United States, on the other hand, only serves the interests of a select few. I asked Tse to expand on this point in greater detail.
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