Governance must be the new competitive edge for China’s global firms

Chinese manufacturers have long understood overseas barriers in visible terms: tariffs, market access, technical standards and geopolitical restrictions. The controversy surrounding Changzhou Xingyu Automotive Lighting System points to a quieter threat: a governance failure at home can follow a company into global markets. Online, the dispute has been cast as a story of young employees fighting back. According to media reports, Xingyu recruited 440 graduates but asked 107 of them – just over a..