Meeting or following competition
In response to competitors’ actions, Zhang Ruimin said on the Entrepreneurs Day (Zhang,
2001) that, “When foreign companies come to China, they do not come for a benevolent
purpose. They follow a very simple principle: the law of the jungle. Chinese enterprises must
not fail to be fully aware of this fact. If you treat yourself as a sheep rather than a wolf, you
will be a prey of a wolf; if you act as a wolf, you can compete for sheep with others (Zhang,
2001)”