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The Chinese Entrepreneurship Way by Julia Perez-Cerezo

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CHAPTER 9

Entrepreneurship by Intuition. Xing Hui, Laote

If not for anything else, all over the world Qingdao is famous for its beer. Many say it is “the best Chinese product ever made” but its name is forever associated with Germany.

Germany had a presence in China from 1861, focusing on the Qingdao region specifically. In 1897, after the murder of two German missionaries, Germany began its official occupation of Shandong Province and JiaoZhou (Kiao-Chau) peninsula, obtaining a ninety-nine-year lease in 1898. The area then was considered a colony and administered by the German navy. Tsingtao (Qingdao in the new pinyin transcription) was its administrative ...

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