Explore the impact of China's economic slowdown and corruption crackdown on entrepreneurs in this Stanford seminar featuring Henri-Claude de Bettignies of INSEAD and Jun Li of BeyondSoft US Startup Investment. Delve into the changing landscape of entrepreneurship in Asia, focusing on China's economic challenges, innovation trends, and the evolving business culture. Examine the five waves of entrepreneurship, the concept of "New Normal" in China, and its effects on B2B and B2C sectors. Gain insights into the role of state-owned enterprises, the importance of guanxi (relationships) in business, and the push for increased transparency. Understand the consequences of these changes on both domestic and overseas investments, and how entrepreneurs are adapting to the new economic environment.