Some might try to build an organization, where the system is more important than the people. Unsurprisingly, you get exactly what you aim for – a company that loses people.
The key to understanding China Evergrande's fate and the consequences for the company's customers, creditors and shareholders is to understand President Xi's agenda.
After the reform-friendly Narendra Modi was elected Prime Minister of India in May 2014 and following the successful implementation of some significant economic reforms, India is truly at the focus of attention as an economic superpower in Asia.
China is at a turning point. Whereas the country was previously a major supplier of cheap labour, the price of Chinese production output has now risen to a point where many companies at the lower end of the value chain are moving their production facilities to cheaper countries.