James McGregor is the chairman of the Greater China at APCO (Beijing) Consulting Company Limited. He is the author of No Ancient Wisdom, No Followers: The Challenges of Chinese Authoritarian Capitalism and One Billion Customers: Lessons from the Front Lines of Doing Business in China. Previously, Mr. McGregor has served as China bureau chief for the Wall Street Journal and CEO of Dow Jones China. In his nearly three decades in China, he has also been a venture capital investor, an entrepreneur who founded a research company for hedge funds, and an adviser to many companies. Mr. McGregor currently splits his time between Shanghai and Beijing.