When China opened up in the 1980s, entrepreneur Gabriel Tse’s electrical engineering and deal-making skills put him in a position to act as a liaison for Western electrical and technology companies. He started with GE Drive Systems, which became part of Toshiba and formed a joint-venture (JV) with Mitsubishi-Electric.
In that period, the Chinese government’s early requirements on Western companies were “getting out of control,” Tse recalled, because the rush to do business in China had overwhelmed a provision intended to temper foreign activity.
