Key Challenges Ahead for China’s Industrial Economy

CKGSB’s Business Sentiment Index shows that China’s industrial economy hasn’t improved over the last quarter. Rather it has contracted slightly. After stabilizing in the first quarter, China’s industrial economy did not show further improvement in the second quarter, according to the latest CKGSB survey of almost 2,000 industrial firms across the country. The Business Sentiment Index, a key indicator in the survey, stood at 47, a decline from the first quarter’s mark of 50, indicating a slight contraction. Fixed investments remained sluggish, with only 9% of firms making investments. Meanwhile, production, employment and inventory all largely stayed flat. Led by Gan Jie, Professor … [Read More...]

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Global Megatrends Reshaping Our World

Anil Gupta, an expert on globalization and strategy, on the domino effect unleashed by several global megatrends: from the turmoil in the energy markets and the crisis in Greece, to the challenges … [Read More...]


Migrant Workers in China: A Tale of Growing Cities

The growing legions of migrant workers in China have had far reaching implications on the process of urbanization in China. For the last two decades, China’s cities have exploded in size, the result of the … [Read More...]


Externalities and Minding Other People’s Business

When externalities are present, decisions optimal for the person making them are not necessarily optimal for society. So what can be done about them? Have you ever been kept awake at night by a neighbor’s loud … [Read More...]


The Future of Retail in China is Both Online and Offline

Alibaba’s investment in Suning is a signal that companies in retail in China need a multichannel strategy: embracing both the online as well as offline worlds. Earlier this month, the world’s largest e-commerce … [Read More...]


JingJinJi, a Chinese Megalopolis in the Making

A megalopolis six times the size of New York, JingJinJi will ease the pressures being faced by China's capital Beijing. If you thought that China’s cities are massive, think again. China’s urban planners are hard … [Read More...]

RMB with Chinese Knot

Yuan Devaluation is More Likely a Sign of Market Reforms

The PBOC's yuan devaluation decision wasn't triggered by weak exports data alone, but also by the IMF's requirements for more market-driven exchange rates. On August 11, People’s Bank of China (PBOC) announced … [Read More...]

Compass on renminbi

Making Sense of the Yuan Devaluation

Is the yuan devaluation the start of a currency war, or a reflection of Beijing’s plan to give the market more power? It has been a historic week for the Renminbi (RMB or yuan)—following anemic exports data over … [Read More...]


How China’s Economic Stimulus Can Avoid the Missteps of 2009

Early indications show that the Chinese government’s efforts to prop up the economy might be able to steer clear of the risks of the 2009 economic stimulus.  The Purchasing Managers Index (PMI) and a slew of … [Read More...]

Melissa Yang, co-founder and Chief Technology Officer, Tujia

How Tujia, ‘China’s Airbnb’, is Different from Airbnb

Four-year-old online vacation rental site Tujia, which is valued at $1 billion, offers Airbnb-like services with unique twists suited to the specific needs, wants and quirks of Chinese travelers. In recent years … [Read More...]

Martin Ford, author of Rise of the Robots and The Lights In the Tunnel

The Robots Will Take Our Jobs. Then What?

The writing is on the wall: the robots will take our jobs. Martin Ford, author of Rise of the Robots, explains the implications for human beings and the market-driven capitalist system.  It’s no longer news that … [Read More...]


Traditional beliefs in China: Beyond the Bottom Line?

As China re-embraces traditional beliefs and religion, just how is this affecting business in the country? In downtown Shanghai, only a stone’s throw from a busy, traffic-clogged road, sits the White Cloud Daoist … [Read More...]


Business Conditions Index Shows Cooling Optimism in China

The CKGSB Business Conditions Index shows that companies are expecting the Chinese economy to encounter some difficulties in the coming six months. In July 2015, the CKGSB Business Conditions Index (BCI) … [Read More...]


Can Alibaba’s Ant Financial Disrupt China’s Financial Industry?

In a short space of time Alibaba’s Ant Financial Services Group has created—and scaled—a diverse set of financial products and services: from online payments to cloud computing and data services. Ever since … [Read More...]


The Thrills and Spills of Theme Parks in China

Theme parks in China are in take-off mode once again, but could some be heading for a big drop? When the gates of Disneyland Shanghai open in 2016, visitors will be treated to the tallest towers of its largest … [Read More...]


Zeynep Ton: Pay Employees More, Get More

A Q&A with Zeynep Ton, author of The Good Jobs Strategy, on how four retailers make more money by paying above-average wages. Western politicians have been promising and not delivering good jobs at good wages … [Read More...]


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 … [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 during their time in … [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...]