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China Roundup: More Support for Asian Infrastructure Investment Bank

This week, the China-backed Asian Infrastructure Investment Bank initiative won more support; fluctuations in the value of the RMB caused concerns; and Tencent revealed its smart-car ambitions. More Easing to Come China’s factory activity, a key pillar of the economy, surprisingly slowed in March, according to the HSBC/Markit flash reading of the country’s manufacturing purchasing managers’ index (PMI), which stood at 49.2, an 11-month low. A poll of economists by Reuters earlier estimated a PMI of 50.6, only a bit weaker than February’s final reading of 50.7. The contraction is pumping up the expectation of more monetary easing from China’s central bank. HSBC’s Chief China Economist Qu … [Read More...]

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Innovating in the Networked Organization

The networked organization has changed how business innovates—but will the new system last? Thanks to the internet, almost every aspect of business has changed dramatically over the past 20 years. … [Read More...]

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Mapping the New Silk Road

A huge shift in trade and relations could be underway across Eurasia, and China’s New Silk Road policy is at the heart of it As a historical reference point, the Silk Road continues to resonate, long after the … [Read More...]

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Aviation in China: Reaching for the Skies?

A look at the airlines that call the shots, the busiest airports and the state of aviation in China China’s commercial civil aviation industry has undergone dramatic growth in the last two decades as … [Read More...]

Spring 2015 Issue

CKGSB Knowledge Spring 2015 Issue: The New Silk Road

The Spring 2015 issue of CKGSB Knowledge is out! It has articles and interviews like: COVER STORY: The New Silk Road: China's bold new trade and transport initiatives are reorienting the country's economy, and … [Read More...]

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China Roundup: RIP. Yahoo China

This week saw the end of Yahoo China, the Shanghai Composite Index peaked, and Uber found an unlikely partner in the Warren Buffet-backed BYD. ‘Honey, Let’s Buy our Dream Home’ China’s property market slump is not … [Read More...]

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The Xiaomi Business Model: Built to Last?

Xiaomi has attained an enviable position in the Chinese smartphone market. But will its current strategies help it retain its prized spot as it gains scale? Xiaomi’s explosive growth in China last year has … [Read More...]

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The Crackdown on Tax Evasion in China

Multinationals in China are coming under increased scrutiny due to allegations of tax evasion. In November, shockwaves were felt when the Chinese government handed out an RMB 840 million ($140 million) fine to a … [Read More...]

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What’s Ahead for the Chinese Economy? 2015 Lianghui Wrap-Up

The key takeaways from the 2015 Lianghui, the two annual meetings that set the agenda for the Chinese economy. The 2015 Lianghui, the annual meetings of the NPC (National People's Congress) and CPPCC (Chinese … [Read More...]

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Shanghai Stock Exchange: Baffling Bourse

Is the Shanghai Stock Exchange finally becoming a hub for global finance? After a mainland equity collapse in 2007, investors the world over largely wrote off Shanghai’s stock exchange as the lesser cousin of … [Read More...]

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China Roundup: The Chinese Economy Posts Weak Numbers

This week, various economic indicators released on the Chinese economy showed slower growth but officials aren’t ruffled; Alibaba invested in Snapchat; and the UK joined China’s ambitious Asia Infrastructure … [Read More...]

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Why Companies in China Fear the World Consumer Rights Day

China's national broadcaster CCTV shames errant companies on World Consumer Rights Day. A look at some of those who have been in the firing line in the past.  March 15th, World Consumer Rights Day also known as … [Read More...]

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The Automobile Industry in China Hits the Speed Limit

The slowing auto market is reshaping the automobile industry in China. Zhou Xiaogang, a resident of the southern Chinese city of Shenzhen, has been planning to purchase a car for some time. A 28-year-old graphic … [Read More...]

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The Chinese Economy Adjusts to the New Normal

The Chinese economy is slowing and that has significant ramifications for things like capital and the Renminbi. Is there a silver lining in all this? The release of China’s economic targets for 2015 during last … [Read More...]

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Six Buzzwords from the 2015 Lianghui

A quick guide to some of the hottest topics that came up during the 2015 Lianghui, the two annual meetings that set the agenda for the Chinese economy. It’s that time of the year again when the movers and shakers … [Read More...]

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China Data: A Milestone for RMB Internationalization

The essential numbers on the RMB internationalization; the contraction in China’s luxury market; the growth in China’s e-commerce transaction value; and more. China has made no bones about its ambitions to make … [Read More...]

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China Roundup: China GDP Growth Target Downscaled

This week, Premier Li Keqiang lowered the China GDP growth target to 7% from 7.5% last year; US President Barack Obama voiced concerns over China’s proposed anti-terrorism law because of its likely impact on US … [Read More...]

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The Networked Company: The Tricky Art of Managing Networked Organizations

Networked organizations mean flatter structures and more creativity, and also a new approach to managing a workforce that thinks and behaves differently. In 1994, when the internet was still mostly an academic … [Read More...]

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The Networked Company: Q&A with Sudhanshu Palsule

Sudhanshu Palsule on what it means to be a leader in a world without distance or hierarchy In their book, The Social Leader, management theorist and executive coach Sudhanshu Palsule and co-author Frank Gugliemo … [Read More...]

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Companies in the Internet Economy: The Way We Work Now

The internet economy is bringing efficiency to the world of work, but it has downsides as well.  It’s hard to remember what work was like before the internet—particularly if you’re one of the millions who weren’t … [Read More...]

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Companies in the Internet Economy: The Dawn of Networks

The internet economy is changing the contours of business, and organizations are fast-changing from rigid hierarchy-driven structures to networks. Two decades ago, the rapid growth of the internet was hailed as an … [Read More...]

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Family Business Succession Planning in China

Family business succession planning is always tricky. In China it is also fraught with cultural complexities. Today’s China is filled with stories of people who took a few ordinary things—a bicycle, a sewing … [Read More...]

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Succeeding with Succession Planning in Public Companies

Succession planning is something boards need to think about constantly, and not just when the CEO is due to retire. Once upon a time, boards picked their CEO for the long haul. “Unless he was hit by a bus, had a … [Read More...]

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The Contentious Issue of Succession Planning in Family Business

Succession planning in family business is often the cause of much stress. Are there ways of making the transition smooth while mitigating the risks involved? Family ownership may be one of the most common … [Read More...]

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The Dawn of Chinese Consultancy Companies?

Western consultancy companies are facing questions in China. Can Chinese companies capitalize on the moment? On June 9, 2014, in an interview with China Daily, veteran management consultant in China and Founder … [Read More...]

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China’s Industrial Slump Eases, No Hard Landing

Is there a quick fix for the Chinese economy? China’s industrial sector is still struggling against strong headwinds, but sentiment among firms is improving as the severity of overcapacity eases, a recent survey … [Read More...]

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China Roundup: Alibaba Invests in Smartphone Brand Meizu

This week, Qualcomm got a rap on its knuckles and a $975 million fine; Alibaba invested in smartphone brand Meizu; and the Chinese imports figure plunged. Bad Data The most recent indicators of the Chinese economy … [Read More...]

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Golf in China: A Chinese Tiger Woods?

Chinaʼs golfing prodigies have burst on to the world golfing scene, showing just how far the sport has come. In 2013, while most Chinese teenagers would have been busy studying for the countryʼs seemingly endless … [Read More...]

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Is There a Start-Up Bubble in China?

Venture capitalists are pouring billions into start-ups and valuations are rocketing. Are these signs of a bubble in China's buzzing start-up sector? 2014 was a good year for Chinese start-up entrepreneurs, as … [Read More...]

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First Response: a Crisis Management Strategy for China

As technology and consumers mature, firms in China are finding that a crisis management strategy is a must-have.  Chinaʼs notoriously tricky business environment is becoming ever tougher, with the past few years … [Read More...]

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What’s Next for the Variable Interest Entity Structure?

China is revising the laws that govern the variable interest entity, a complicated structure used by many companies to bypass foreign investment restrictions. What are the implications? Last month, China’s … [Read More...]

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China Roundup: What’s Behind China’s Required Reserve Ratio Cut?

This week, China’s central bank finally bit the bullet and cut the required reserve ratio by 50 basis points; and the manufacturing purchasing managers’ index hit a new low. Long-Awaited Cut The other shoe finally … [Read More...]

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Alibaba and the Rest: The Davids Vs. Goliath

With its huge scale and steps toward global dominance, can anyone rival Alibaba's might in China's e-commerce sector? When Alibaba made its initial public offering (IPO) in September 2014, the results were … [Read More...]

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No Purchase Necessary: the Sharing Economy in China

The sharing economy has been threatening traditional industries in the West. Now it’s gaining a foothold in China. In between mouthfuls of street-side noodles on a breezy October afternoon in Shanghai, Joyce Chen … [Read More...]

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China Plus One: Does it Add Up?

As China changes, companies are being forced to adopt China Plus One strategies and look at other countries for manufacturing. Since opening up to the world in the late 1970s, China has transformed itself into … [Read More...]

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China Roundup: Dumped! Shanghai’s GDP Growth Target

This week, Shanghai brought the annual practice of fixing GDP growth targets into sharp focus by simply abandoning it; Alibaba and SAIC washed their dirty linen in public; and Apple posted record profits bolstered … [Read More...]

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Why E-commerce Alone Won’t Save the Chinese Retail Industry

CKGSB Professor Jack Chen on why the government should level the playing field in the Chinese retail industry. China’s economic growth might be at a 24-year low, but the country’s e-commerce sector continues to … [Read More...]

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Should the Liquor Tax in China be Higher?

Liquor tax in China is lower than in most other countries. Prof Brian Viard on whether there is a case for raising it. A recent Economist article discussing increased consumption of alcohol in China pointed out … [Read More...]

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The Chinese Property Market Conundrum

As the Chinese property market slows and complicates the country's economic outlook, the government faces a tricky balancing act. The Chinese property market, long identified as one of the key fault lines in the … [Read More...]

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China Roundup: In 2014 the China GDP figure hit a 24-year low

This week, all eyes were on the 2014 China GDP figure, which at 7.4% was lower than the target of 7.5%; Tencent created a mini ad frenzy on WeChat; and LeTV’s electric car plans inched a step closer to … [Read More...]

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China’s GDP: The Big Number

In 2014, China's GDP grew at 7.4%, the slowest in the last 24 years. A look at China's GDP as a proportion of global GDP over the years. China's GDP (gross domestic product), and the rate at which it changes, is … [Read More...]

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Has the Shanghai Free Trade Zone Lived Up to Its Promise?

A year on from its debut, we examine the hits and the misses of the Shanghai Free Trade Zone. The run-up to the launch of the China (Shanghai) Pilot Free Trade Zone (Shanghai Free Trade Zone) was a story of both … [Read More...]