Entrepreneurship

China’s burgeoning middle class, which increasingly is going online for everything from ordering lunch to booking hotel rooms, is fueling expectations that an 8-year-old startup with an innovative smartphone app will go public at a lofty $60 billion...

Beijing’s unslakeable thirst for the latest technology has spurred a proliferation of “accelerators” in Silicon Valley that aim to identify promising startups and bring them to China.

Kalifa Feika swapped Sierra Leone for southern China four years ago, determined to manufacture his fortune in the factory of the world.

A start-up incubator on the outskirts of Shanghai is laying out sweeteners for budding entrepreneurs: Free office space, subsidized housing rent, tax breaks and in some cases, cash of up to 200,000 yuan ($31,211.47).

The comeback has made Xiaomi a poster child for China’s entrepreneurial dynamism.

Flush with credit, LeEco expanded aggressively overseas. But the company overextended itself, its credit began to dry up — and by May, it had to lay off most of its workers in the U.S.

In her early 20s Cindy Mi preferred long pencil skirts and severe blazers. She was managing her family education business and she projected authority by dressing conservatively.

The entrepreneurial spirit runs deeper than just in business. It manifests itself in the government and in the desires of ordinary people.

In response to worldwide demands that China manage its economy better, Xi Jinping has proposed what he calls “supply-side structural reform.”

The 52-year-old began venture investing in China in 2009 and ended up putting money into 50 startups.

Companies' quest to cut costs per engineer drives new entrants into using R&D from India and China.