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Joe Ngai, McKinsey: Domestic rivalry drives Chinese firms

Joe Ngai, McKinsey: Domestic rivalry drives Chinese firms

The Interview vor 2 Wochen

Maura Fogarty speaks to Joe Ngai from McKinsey China about business in the region

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“More Chinese companies are put out of business by other Chinese
companies. Chinese companies are not put out of business because
of Western companies, so this whole competition is not, from a
Chinese guy's mind, like a US-China competition. It’s more ‘how
do I survive this gym?’ because it's damn hard to keep staying
alive at home. That in turn makes you very competitive in the
rest of the world.”

Maura Fogarty speaks to Joe Ngai, Chairman of the China region
for global consulting firm McKinsey.

He advises senior management at Chinese and multinational
corporations in the region which gives him a unique insight into
the world’s second-largest economy.

Having written numerous books and reports on China’s economic
landscape, Ngai’s expertise has been recognised by accolades from
the likes of Forbes China and Bloomberg.

In this interview, we hear his thoughts about how the Chinese
market has changed in the 25 years since the country joined the
World Trade Organisation, and on how AI is developing and
managing tensions with US competitors.

Thank you to the Asia Business team for their help in making this
programme. The Interview brings you conversations with people
shaping our world, from all over the world. The best interviews
from the BBC, including episodes with tech billionaire Reid
Hoffman, director Chloé Zhao, and Dr Ngozi Okonjo-Iweala, head of
the World Trade Organisation. You can listen on the BBC World
Service on Mondays, Wednesdays and Fridays at 0800 GMT. Or you
can listen to The Interview as a podcast, out three times a week
on BBC Sounds or wherever you get your podcasts.

Presenter: Maura Fogarty Producers: Ben Cooper and Jaltson
Akkanath Chummar Editor: Damon Rose

Get in touch with us on email TheInterview@bbc.co.uk and use the
hashtag #TheInterviewBBC on social media.

(Image: Joe Ngai. Credit: Getty)