Hidden Champions of China

Guided by the national strategy of “Made in China 2025,” China has established a top-down program of encouraging champions. The case studies in this chapter are devoted to three hidden champions in China, selected from a larger group. Our analysis shows how late-comers have developed and become leaders of niche markets. They teach different lessons in business specialization, innovation, and business models, and provide insights concerning company growth in the context of a developing economy.