Innovation key for young entrepreneurs
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Nan Cunhui, chairman of Chint Group
When China's private entrepreneurs hit problems, we climb over the wall, dig a tunnel or find a way around. We're never the kind to lie down and give up. After the US started the tariff war, our solar business in Southeast Asia was no longer viable so we shifted production to Turkiye and set up two new plants in Saudi Arabia.
Yes, global trade rules are being shaken up. But that just means we've got a shot at reshaping the global industrial chain. That's a race worth running. My advice? If you've got the strength, band together and go overseas as a supply chain team. If you're going solo, fine — but you must localize.