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Most Westerners in business operate on the baseline assumption that hard work leads to success and beating the competition.

With business in communist China, that doesn’t hold. Hard work is a must, but not the most important ingredient for success.

In this episode, join Terri as she discusses the machinations that determine whether top companies live or die, and how the competitive mentality is set from a very young age.

Hear about one of many fallen giants, and how another may be in the same ominous position but still holding on—for the time being.

Views expressed in this episode are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.

—

Terri Wu is a Washington-based freelance reporter for The Epoch Times covering education and China-related issues. Send tips to terri.wu@epochtimes.com.

Show your support for Epoch Times and independent journalism by leaving a 5-star review of this show on your podcast platform or visit www.RateThisPodcast.com/chinawatch