1. The article covered a panel discussion by Chinese executives.
2. The subheadings may have been a bit in poor taste (and I'd say that making such a statement is a big stretch), but the content was mostly quotes. Very little analysis, only quotes that spoke for themselves.
3. The only item that even comes close to talking about cultural mindsets is item #4, and that statement is also a stretch.
It seemed to be a frank assessment from Chinese executives of what their weaknesses/shortcomings were, and why it's difficult to overcome those weaknesses/shortcomings. I saw nothing in there about culture, race, or anything like that. Again, only item #4 comes even close, and even that is a stretch. That's just a normal prisoner's dilemma situation.
I think the current top-voted comment read it correctly. The top-voted comment talks about secular reasons for corporate failure and difficulty, market forces, etc. That's what I read from the article also.
But I strongly believe the article portrays the Chinese in the traditional way as a land of copies and cheap stuff, when it's a country full of people dreaming to build the next TI.
I'm assuming that you know a lot about China. So, maybe you could link to some alternative views of China that are different from what we get from the western media. Like what's the startup scene like in China? What are the hot cities? Etc. I'm interested in it all.
A shrewd Chinese businessman could look at this list and find ways to improve his company's chances. Who else has that advantage right now?
I think it's a mistake to look at criticism as a bad thing. It's information we can use to improve things, and sometimes an outside view is very helpful.