Hänle The Secrets of China's Success

Untold Stories of New World Market Leaders – and How the Western Economy Can Respond
1. Auflage 2024
ISBN: 978-3-96740-412-8
Verlag: GABAL
Format: EPUB
Kopierschutz: 6 - ePub Watermark

E-Book, Englisch, 280 Seiten

Reihe: Dein Business

Behind the Scenes of China's Success
Have you heard about flying taxis in China, robo-cars navigating through bustling cities, eco-friendly trains that travel at the speed of airplanes, and the government's plans to establish colonies on the moon and Mars by the 2030s? What might seem like visionary science fiction is already becoming reality in China.
In The Secrets of China's Success, you'll discover how China has managed to stay so far ahead of the Western world in the major technologies of the future as well as much more you didn't know about this country of 1.4 billion people.
The practical guide takes you on a journey through contemporary China, offering a unique and surprising glimpse behind the scenes. It explores the millennia-old culture, the "from rags to riches" mindset of Chinese entrepreneurs, as well as significant political and economic initiatives, such as China's leading role in projects like the formation of the Global South, the emergence of a new generation of cyber spies, and the ambitious construction of a vast Green Wall to combat environmental degradation – a feat that has even astonished the US space agency NASA.
In contrast to his non-fiction debut, Wirtschaftserwachen or Economic Awakening, management thought leader Fabian Hänle now delves into the broader Western economy in English. He critically and constructively explores key questions of the 21st century: Who are the emerging Chinese hidden champions and future global market leaders? How can we pragmatically mitigate risks while capitalizing on new opportunities? And what novel strategies will enable us to remain successful, realize our untapped potential, create sustainable economic and personal inner growth, and uplift humankind?
An authentic, exciting, and in-depth book, accompanied by insightful interviews with top international entrepreneurs – there is much to look forward to with Fabian Hänle's forthcoming book!

Autoren/Hrsg.

Hänle, Fabian

Weitere Mitwirkende

Axley, Brandon

Simon, Hermann

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Volkswirtschaften einzelner Länder und Regionen
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftswachstum
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Volkswirtschaft: Sachbuch

Leseproben

PROLOGUE:
From a CEO Who Set Out to Learn from China
Shanghai, 2050. “Mom, we’ve got wonderful news—we’re getting married!” Kera gushes into the video call of her new augmented reality glasses as she gets her favorite freshly made smoothie on the way home from her daily Qi Gong class. “Oh my god, that’s amazing. Let’s celebrate—why don’t you come to dinner with San-Feng today?” her mother exclaims happily. Behind her mother, Kera can see the sun rising over the New York skyline while she already has Sam, her virtual assistant, searching for flights. “We’re in luck, there’s another hypersonic plane leaving soon—we can be there in two hours,” Sam tells her. Kera replies, “Let’s go then. It feels like it’s been ages since we’ve seen each other since our last mission to the moon colony.” Full of anticipation, Kera’s mother turns to her husband, who is just coming into the kitchen from the living room. “Darling …” she begins. “I know, I know, I heard everything,” he replies with a laugh, before turning reflective after a moment. “It’s pretty astonishing. Suddenly we’re both old and it’s become normal to travel anywhere in two hours with the new carbon-neutral Chinese engine technology. Do you remember the old days when we first met? Who would have thought back in 2025 that we would wake up like this as a human race? That we Americans would achieve this transformation with the Chinese, Europeans, Africans, and other countries and work together so courageously and boldly in environmental protection and renewable energies to ensure a bright future for our children and the planet?” He looks out of the kitchen into the distance, toward their community garden, where they grow local fruit and vegetables together with neighbors, and then into the living room at the framed Nelson Mandela quote, which is hanging right next to the pictures of his old workplace, the Oval Office: “It is easy to break down and destroy. The heroes are those who make peace and build.”1 This book is about why we should not fear China’s rise as an innovative economic power, but instead do three things to ensure the success of the European and Western economies and create a new sustainable era. We must 1) structurally revamp ourselves and prepare ourselves for the future, 2) manage and negotiate the existing challenges and risks with China in a more productive way, and 3) recognize and cooperatively seize on the new opportunities presented to us by China with new strategies that benefit us and future generations. Some readers may ask: Why write a new book on China? Let me reassure you right away: this isn’t another theoretical work limited to a marvelous description of China. This is about the practical implications for the Western world—and about what we can do specifically to create new beneficial solutions for humankind and keep up internationally in the long term. This book is based on my practical experience, including ten years in China; numerous conversations with successful leading Chinese and Western entrepreneurs and global market leaders, experts, and decision-makers—such as Hermann Simon, coiner of “hidden champions” and global consulting legend; French President Emmanuel Macron; and Anja Karliczek, the Minister of Education and Research in former German chancellor Angela Merkel’s cabinet—and my own scientific field research on a topic that affects us all. After all, in today’s globalized world, we are inextricably linked to China. We live together on a planet with finite resources. From a broader perspective—whether in creating a sustainable economy, protecting the environment, or tackling other major challenges of the future, such as global migration, food security, and poverty—we are writing the future of our existence together. As an influential global player, China plays a key role here. For many in the West, however, China is primarily associated with many question marks. I felt the same way before my post in China, and even after a year or two in the country, many things were still puzzling to me. I asked myself questions like: What do the Chinese really think about us and working together? Who are “the Chinese” anyway? Are they people like you and me? Like-minded civil servants, newly rich, Hermès-wearing individuals jetting around the world in private planes—or simply owners of medium-sized family businesses? What are they like in private? And what is actually true about China in the media and what is not? It was only after years in the country, when I became fluent in Mandarin—which gave me more profound access to the people and their mentality—and as a CEO who interacted daily with China’s private and state economy, that I began to understand China better. One thing I realized was that prejudices and fears, ignorance, and resentment lead to a one-sided, ostrich-like mentality that obscures our view of reality and leads to poor decisions. That’s why it’s so important to engage with China and its people in order to understand them better. This is the only way to recognize the opportunities and risks that lie in cooperating and competing with Chinese companies. The crucial question is, therefore: How can we deal constructively with China’s rise, manage the risks, and find new economic solutions for a successful, sustainable future for the highest good of all? Current books on China can be roughly categorized into six fields: political topics, historical works, art, the economic boom and the future of China, technology, and social and cultural studies. The business titles usually focus on special phenomena: dazzling entrepreneurial stars such as Jack Ma from Alibaba, mega-cities such as Shenzhen, well-known Chinese conglomerates, and China’s state capitalism. There is no question that we have gained many valuable insights as a result of these works. But one crucial piece of the puzzle is still missing—and this is both the secret of China’s success and one of the greatest challenges and opportunities for the West in the 21st century: the innovative growth and increasing internationalization of Chinese SMEs. Known as the Mittelstand in German, SMEs are small and medium-sized firms that often specialize in their niche and thus achieve absolute world-class status on the global markets. In the shadows of media reports about well-known Chinese conglomerates such as Huawei, the engine of the Chinese economy is humming elsewhere: through the innovative development and global expansion of SMEs. I, too, only realized the full extent of this true secret of the Chinese economy’s success when I found myself right in the middle of it. My work with China’s Mittelstand on a daily basis, my academic research on the subject, and a deep immersion in Chinese culture and the way people think and live enabled me to understand what we in Europe and the West have not yet sufficiently recognized. SMEs account for more than 60 percent of China’s economic output, 70 percent of technological innovations, and—similar to Germany, which is a strong exporter—around two-thirds of Chinese exports.2 And they have begun to accelerate internationalization. This has far-reaching consequences, especially for us in the West: we are faced with new and unexpectedly innovative competition on the world stage; Chinese hidden champions are emerging and pushing into niches that we were used to “owning” based on our long-standing experience. At the same time, new opportunities for cooperation are opening up. In research and development (R&D) and the sciences, we can identify tomorrow’s trends in China at an early stage—because today, many developments and innovations in the tech world start in China and spread from there to the rest of the world. Did you know, for example, that China leads the world in research, ahead of the USA and Europe in 37 out of 44 key technology areas?3 Whether it’s hypersonic aircraft propulsion, renewable energies, quantum communication and sensor technology, or space technology—China leads us in key future industries, which I will discuss in detail. However, the major consequences for us in the West, as you will soon learn, are being seriously overlooked. This is another reason why we have not yet found sufficient solutions to China’s rise. The parties involved—the USA, China, and Europe—still seem to be trapped in old thought paradigms of zero-sum games. In other words, what’s good for one must automatically harm the other. But as long as we think this way, we will not find the right solution. For a good future, it is essential that all players involved embrace a new awareness, even when there are differences of opinion (which may of course be expressed honestly): that we can achieve peace and win-win cooperation in the long term with multi-sum games. I’ve often asked myself why the world still thinks so narrowly in terms of national borders and self-interest in the year 2025, and also why the development of China’s Mittelstand and its consequences are not yet being discussed everywhere in business. One answer to the first question may be that, as a whole, we humans are still in the process of developing from lower emotional states of consciousness, such as greed, anger, or pride, to...

Über Autor(innen)

Hänle, Fabian
As a CEO in China, Dr. Fabian Hänle spearheaded the growth of a German hidden champion’s subsidiary for over a decade, elevating it to prominence as one of the market forerunners. With extensive stints in the USA, Canada, and France, Dr. Hänle boasts a wealth of expertise in strategy, sales, and executive leadership roles. Thanks to his practical experience in China, coupled with his scientific, on-site research and proficiency in Mandarin, he possesses unparalleled insights into the local mentality, culture, and authentic Chinese ethos.
Today, he serves as an international guest professor, and as co-founder of Dr. Hänle & Partners Consulting, he collaborates with decision-makers across DAX corporations, well-known SMEs, and global market leaders. Fabian Hänle’s mission is to inspire people and organizations towards positive and meaningful developments, to support people in achieving their potential, to break new, innovative ground, to create healthy, growth-promoting environments and team flows, to bring cultures together across national borders, and to focus on the most important thing there is with intuition and empathy: people – because they are the ones who drive a company to success.

As a CEO in China, Dr. Fabian Hänle spearheaded the growth of a German hidden champion's subsidiary for over a decade, elevating it to prominence as one of the market forerunners. With extensive stints in the USA, Canada, and France, Dr. Hänle boasts a wealth of expertise in strategy, sales, and executive leadership roles. Thanks to his practical experience in China, coupled with his scientific, on-site research and proficiency in Mandarin, he possesses unparalleled insights into the local mentality, culture, and authentic Chinese ethos.

Today, he serves as an international guest professor, and as co-founder of Dr. Hänle & Partners Consulting, he collaborates with decision-makers across DAX corporations, well-known SMEs, and global market leaders. Fabian Hänle's mission is to inspire people and organizations towards positive and meaningful developments, to support people in achieving their potential, to break new, innovative ground, to create healthy, growth-promoting environments and team flows, to bring cultures together across national borders, and to focus on the most important thing there is with intuition and empathy: people – because they are the ones who drive a company to success.

www.drhaenle-partners.com