Mobile Wallets in China: Click to Pay

Mobile wallets are taking off in China but it is too early to say what they mean for the use of cash and bank cards. As online to offline (O2O) mobile apps take off in China, the online payments field has become a hotbed of activity. Traditional payment methods—such as cash and bank transactions—are gradually getting left behind as aggressive third-party payment channels take over. Chief among them is BAT, namely Baidu, Alibaba and Tencent, who have all developed their own online payment platforms. A survey conducted by iResearch shows that Alibaba’s Alipay had the highest penetration rate among third-party payment methods in 2014. Over 90% of the survey respondents used Alipay in … [Read More...]


Ctrip Goes on a Round the World Trip

Leading Chinese online travel company Ctrip now faces the dual challenges of overseas expansion and stronger competitors. Nancy Zhou, 23, and Amy Fang, 22, giggle over pictures they had taken … [Read More...]


The Power of Big Data in China

Big data promises to revolutionize the work of business and government, and China’s largest internet companies are leading the way One of China’s biggest box office surprises in recent years was Tiny Times, a … [Read More...]


Red Star Rising: A Q&A With Steve Blank

Steve Blank, entrepreneur and founder of the Lean Startup movement, on how Beijing taught him the world no longer revolves around Silicon Valley.  Few people have had more influence on startup strategy than Steve … [Read More...]


My ‘App-y Life: Living Life Off Mobile Apps in China

The growth in the mobile app ecosystem is making life easier for people in China. Here’s how. Online to Offline commerce, or O2O, is one of the buzziest words in China right now (See ‘O2O Primer’). Simply put, … [Read More...]


Digital Monopolies: Too Many Big Fish in the Sea

The government should step in and regulate digital monopolies because at the end of the day, healthy competition benefits all. Monopoly is relatively new in the history of business—it only emerged some 100 years … [Read More...]


Taobao and Tmall are Built as “Mono-Category Worlds”

Miko Wormuth, CEO of TWICE Fashion Accessories, on what it takes to build a business from scratch in China and the challenges of operating on e-commerce platforms like Taobao and Tmall. Unlike a lot of other … [Read More...]


Internet Finance Regulation: Not Everything is Black and White

The government has finally issued guidelines to regulate China’s internet finance industry, but the devil may lie in the yet-to-come details. China’s booming internet finance industry has hit a new milestone over … [Read More...]


China Film Group and the Art of Playing Favorites in China’s Movie Market

How gatekeeping by the China Film Group is altering the dynamics of Hollywood blockbusters in China. Although now used in metaphorical terms, a “gatekeeper” historically referred to the guard at a city gate. … [Read More...]


How LinkedIn China Learnt How to Win Friends and Influence People

In China, LinkedIn is offering its tried and tested formula of professional networking with some unique twists. China has a gigantic internet user base of 645 million people, ranking No 1 globally, according to … [Read More...]


The Chinese Economy Needs to Break Out of the Overcapacity Trap

The Chinese economy's growth model has created a serious overcapacity problem that will continue to derail future growth unless tackled now. Last week, China released the producer price index (PPI) for June, … [Read More...]


Fallouts of China’s Stock Market Crash

China’s stock market crash left a host of casualties in its wake—from a weakened renminbi to plummeting commodity prices. China’s stock markets finally seem to be stabilizing, after the country’s central … [Read More...]


Scott Anthony on Limiting the Risks of Innovation

Innovation expert Scott Anthony talks about the challenges of the ‘first mile’ where an innovation moves from an idea to reality. Strategists at start-ups and other new ventures often focus on the challenges of … [Read More...]


China Stock Market Update: No Bull in this China Shop

Why the government’s efforts to stabilize China’s flailing stock markets have not worked well so far. Just when people thought that the government’s efforts to rescue the China stock markets were working, shares in … [Read More...]


Linda Hill: “Everybody Has a Slice of Genius”

Linda Hill, author of Collective Genius, believes leaders should create a context in which people are willing and able to innovate. Remember Sully, the lovable blue and purple monster in the movies Monsters, Inc. … [Read More...]


Understanding the Bloodbath at the Shanghai Stock Exchange

Four stories behind the dramatic rise and the equally dramatic fall of the Shanghai Stock Exchange's stock index. Despite a seemingly unified effort to boost China’s stock market, the Shanghai Composite Index … [Read More...]


Making Sense of the Chinese Consumer Revolution

Michael Zakkour, co-author of China’s Super Consumers, tells us what makes Chinese shoppers tick The Chinese consumer revolution shouldn’t be news to anyone, but the knowledge of what makes it tick, and how to … [Read More...]


BMW China: Foot to the Floor

BMW China President and CEO Karsten Engel on how China became the company's largest market globally, and how things are shaping up in the 'New Normal'. Three German automakers—BMW, Audi and Mercedes-Benz—rule … [Read More...]


American Entrepreneurship: Vastly Overrated?

American entrepreneurship rates are not that good right now. But is the picture as bleak as it is made out to be? The US is a country of entrepreneurs, fearlessly risking everything to make a fortune by bringing … [Read More...]


Understanding China’s Anti-Monopoly Law

At times controversial, China’s Anti-Monopoly Law is playing an increasingly important role in the country. In Beijing’s bustling suburb of Wangjing, the China headquarters of Microsoft and Daimler sit side by … [Read More...]


Down at the Docks: A Look at China’s Imports

One of many economic indicators, China's imports continue to inch up, but only just. As China enters the so-called "new normal", analysts continue to try to gauge where the economy is heading. China's imports are … [Read More...]

Rules of the Game

Rules of the Game: Changes in China’s Foreign Investment Law

A proposed change to China’s foreign investment law could have big implications for foreign investors. On the 19th of January, a seemingly normal Monday much like any other, the Ministry of Commerce (MOFCOM) … [Read More...]


Goodbye New York! Hello Shanghai!

A clutch of Chinese companies are preferring to delist from foreign stock exchanges due to the boom in the Shanghai and Shenzhen stock exchanges. An increasing number of Chinese companies listed in the US are … [Read More...]


OnePlus and its Global-First Strategy

In this series on The Chinapreneurs, we talk to Chinese smartphone company OnePlus' co-founder Carl Pei. While OnePlus has received many accolades in the global market, we look at whether it can recreate the same … [Read More...]


China and Hollywood Shake up the Box Office

The unlikely partnership of China and Hollywood is creating big blockbusters like Iron Man 3 and Furious 7. But why are such co-production arrangements necessary? The record-breaking Hollywood blockbuster … [Read More...]


The Subscription Economy: Mastering the New Subscription Model

The success of businesses in the new subscription economy needs more sophistication, nuance and responsiveness. In theory, the basic idea of a subscription business is simple: you take the customers’ money, … [Read More...]


The Subscription Economy: Why Subscriptions are More Popular than Ever

Subscription businesses are nothing new—in publishing, the subscription publication goes back to at least the 17th century. Yet these days, subscriptions are back in fashion. In this two-part series, we consider why … [Read More...]


Starting a Business in China Needs a Strong Adversity Quotient

In this series on The Chinapreneurs, we look at entrepreneurs' experiences in starting a business in China. In the first one, Kevin Zhao, CEO of Wangli Bank, elaborates on starting up in China's fast-changing … [Read More...]


Why Lenovo (Really) Needs to Keep ZUK at Arm’s Length

Lenovo is trying to crack the Chinese smartphone market with ZUK, the erstwhile ShenQi. But has it really figured things out? At around 5am every morning, Chang Cheng logs on to Weibo, China’s micro-blogging … [Read More...]

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Starbucks in China: A Matcha Latte and Mooncakes, Please

The success of Starbucks in China has to do with things beyond just coffee. To win fans, it has had to localize not just its brews, but its hiring and retention policies as well. China has a long and rich tea … [Read More...]

Image by Chao Fansen/CKGSB Knowledge

“Go to China”: Jack Ma to American Small Businesses

During his whistle-stop trip to the US, Alibaba founder and Executive Chairman Jack Ma is busy courting small businesses China Inc.’s best salesman Jack Ma is in the US this week. This time he’s not selling … [Read More...]


Marketing in the Moment

Social media can be a great tool for marketing in the moment. Also the worst. Will they? Or won’t they? For months speculation was rife over whether Chinese actors Fan Bingbing and Li Chen would come together as … [Read More...]


Ghost Malls in China: Where Have all the Shoppers Gone?

With the rise of e-commerce and more discerning consumers, the recent growth of malls in China risks becoming redundant. On the third floor of the Huan Long shopping center in Shanghai, all is quiet. The mall, … [Read More...]

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US Secretary of Commerce Penny Pritzker on US-China Trade

Penny Pritzker, US Secretary of Commerce, discusses the shape of the US-China trade relationship While tensions can sometimes run high between the world’s two largest economies, business ties between China and … [Read More...]

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Umbrella Trusts in China: An RMB 400 Billion Problem

China’s stock market regulator is finally cracking down on umbrella trusts in a bid to defuse a potentially dangerous situation. Late last month, China’s stock market watchdog—China Securities Regulatory … [Read More...]


China’s Debt: A Ticking Time Bomb

Does China’s debt, which refuses to stop growing, threaten to take the show off the road? For years, China’s economic growth has surged ahead even as that of more advanced economies has stuttered in the wake of … [Read More...]

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The Redback Rodeo: The RMB Exchange Rate

The RMB exchange rate is caught between two powerful forces: the surging Dollar and China’s rising power.  In the world of foreign exchange, the relationship between the RMB and the US Dollar is easily one of the … [Read More...]


CKGSB Knowledge Summer 2015 Issue: Big Data in China

The Summer 2015 issue of CKGSB Knowledge is out! It has articles and interviews like: COVER STORY: One Billion Data Points: Big data has made its way to China and has been eagerly adopted by the countryʼs tech … [Read More...]


Alan Krueger on Job Growth and US Recovery

Alan Krueger, former Chairman of the White House Council of Economic Advisors, shares his thoughts on the labor market, US economic recovery and the interplay with China. As the US economy recovers from the … [Read More...]


The Next Big Gold Rush: China’s Smart Home Market

Several companies—from tech giants like Alibaba to durables manufacturers like Haier—are placing big bets on the Smart Home market in China. A look at who's doing what. Although the concept of Smart Home is still … [Read More...]


Future Perfect: Smart Home Technologies Take Off

Smart Home technologies are out to change the way we live and make our life more efficient. The idea of Smart Homes has been getting a huge amount of popularity in recent years. Perhaps one of the best … [Read More...]


Is Corporate Social Responsibility China’s Secret Weapon?

Chinese companies are starting to realize that corporate social responsibility is an important part of their transformation into a reputed brand. Today, we hear a great deal about Chinese M&A deals, Chinese … [Read More...]