Summary: Taiwanese businesses have long been attracted to China for its vast supply of low-cost labor and enormous domestic market. Over the past two decades, Taiwanese firms across a range of industry sectors have quietly established very successful businesses there. What's behind their success? And is there something that companies from other markets can learn from Taiwanese firms about operating in China? Nick Leung, Managing Partner of McKinsey's Greater China Practice, discussed this topic recently with Bill Wiseman and Tina Chen. Bill is the Managing Partner of the Taipei office. Tina is an Associate Partner in Taipei.
