Stories

Tue, 25 Aug 2026

Tue, 25 Aug 2026 The Interview

Maura Fogarty speaks to Joe Ngai from McKinsey China about business in the region
Joe Ngai, Chairman of McKinsey's China region, believes Chinese companies are more threatened by other Chinese businesses than Western ones. He attributes this to intense competition within China, where survival is a constant challenge. This mindset fosters exceptional competitiveness in the global market. Ngai shares his insights on the changing Chinese economy and how AI is influencing its development. He also discusses tensions with US competitors and provides expert analysis from 25 years of observing China's economic landscape since joining the WTO.