I think you're putting meaning into the OP that doesn't exist. I feel like we didn't read the same article.

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.