Peking University Press has released All Are Exchanges, a book about business strategies focusing on exchanges. Its author Hao Daqin is a veteran business consultant and he writes a regular column in The Economic Observer.

In the book, Hao opines that most behaviors or interactions are rooted in trade or exchanges. With 11 chapters, Hao combines real life cases with historical wisdom to produce readable stories on how to gain from and balance exchanges, as well as how to form business strategies based on the theory.

Hao has spent a year researching and drafting the book, which reveals his wisdom in various fields. He hopes his book offers insights into business management and personal life.