ABSTRACT

This chapter discusses a second entrepreneur's case, Mr. Mou Qizhong, the founder and chief executive of the Nande Group. In China's socialist period, class struggle must come to an end; otherwise, it would cause serious damages to the socialist mission. Like most others growing up with the new Republic, Mou spent his best years in the disastrous Cultural Revolution. In the early 1980s an ingenious desk clock of the brand '555' was in great demand in Shanghai. Unlike most of the youths in those years, whose main concern was to survive each political movement, he and several of his best friends organized a study group of Marxism and Leninism. The factory Mou discovered was Jiangling Machinery Factory near Chongqing. It was one of the many military factories, previously part of China's People's Liberation Army, that were now ordered to turn themselves into manufacturers of civil products.