The success of the Internet in China over the past 20 years shows that successful foreign companies in China respect China's market environment and abide by China's law and regulations. U.S. companies operating in China show that those who respect the Chinese law can seize the opportunity of China' s Internet innovation and create immense value, while those who chose opposition stand will be isolated by themselves and finally abandoned by the Chinese market.
The three picks by Time reflect the very different thinking and ideology of Chinese society, which is generally getting more divided rather than united under Xi's leadership. People just choose to believe in different things -- money, power or the long-awaited "Chinese dream" by some and, perhaps the entire nation, for freedom.
Alibaba puts China on par with the United States in the rapidly increasing global competition for technological innovation and economic transformation. The GSK case reminds me of a popular book "China Can Say No," first published in China in 1996 and which signaled a new era for growing Chinese nationalism.
Thus far, Yahoo's stock price is way above its benchmark when she arrived. She moved quickly to become the face of the tattered brand. She ordered everybody back to the office, which was a smart move. Some of the early acquisitions, like Tumblr, have raised the right kind of eyebrows. So why aren't there Champagne corks popping over in Sunnyvale?