Xu Miaocheng

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Last quote by Xu Miaocheng

In China, the only barrier to entry is who can raise the most capital - that's good and bad. The upside is, there are funds available to launch a bunch of companies. You may not need a lot of specialization or new technology. The downside is a lot of money could be wasted.feedback
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May 29 2017 China
Xu Miaocheng has most recently been quoted in an article called China's slam dunk 'sharing economy' booms, but can it last?. Xu Miaocheng said, β€œIn China, the only barrier to entry is who can raise the most capital - that's good and bad. The upside is, there are funds available to launch a bunch of companies. You may not need a lot of specialization or new technology. The downside is a lot of money could be wasted.”. Xu Miaocheng has been quoted a grand total of 3 times in 1 article.
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