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See in the Darkness: Cai Shiyin Discusses How Dialogue in the Dark Develops in China

February 18, 2019 By Liu Sha Leave a Comment

“Human beings cannot see with their eyes in absolute darkness, but they can see with their mind,” says Cai Shiyin, an entrepreneur who started the social enterprise Dialogue in the Dark in China.

Filed Under: All Articles, China, Conversations, CSR, Q&A, Social Entrepreneurship, Social Good

Unicorn Factory: Interview with GGV Capital’s Hans Tung

January 29, 2019 By Dominic Morgan Leave a Comment

Hans Tung knows how to spot a unicorn. During his career, he has invested in 11 startups that have gone on to attain billion-dollar valuations, including Airbnb, Bytedance, Slack, Wish and Xiaomi. Tung is also one of the few venture capitalists that feels equally at home on both sides of the Pacific. A native of Taiwan, he moved to California aged 13 and began his career in Silicon Valley, before becoming one of the first VCs at a US firm to move to China full-time in 2005. Since moving back to the US in 2013, he has continued to invest in both markets.

Filed Under: C-Suite Interview, Conversations, Innovation Tagged With: Start-up, VC, Venture Capital

The Big Cover-up: Tattoo Culture in China

January 21, 2019 By Timothy Ang Leave a Comment

Tattoo culture has exploded in China in the last few years, as the country’s younger generations abandon centuries-old prejudices against the practice and embrace it as an expression of individuality. Chinese millennials are getting tattoos in record numbers, but some are being forced to keep them hidden.

Filed Under: All Articles, China, Creativity, Culture

Gavekal Analyst Tom Miller: Premature to Say Belt and Road Initiative is Failing

January 17, 2019 By Dominic Morgan Leave a Comment

Pronouncements that the Belt and Road Initiative is failing are premature, argues Tom Miller, author of China’s Asian Dream and Senior Asia Analyst at Gavekal Research. He is well-versed in the problems facing the Belt and Road Initiative (BRI) and predicted many of them. In his 2017 book China’s Asian Dream, he warned that China’s preference for cultivating close relationships with individual leaders could be a long-term risk for BRI. Eighteen months on, this looks prescient. New governments have won power in Malaysia, Pakistan and the Maldives, and renegotiating deals signed by their predecessors are high on the agendas.

Filed Under: Belt and Road Initiative, China, Conversations, Opinion

Dancing to a New Beat: BRI is Changing Rapidly As It Matures

January 14, 2019 By Jens Kastner Leave a Comment

What a difference a year makes. Last summer, there was a sense of unstoppable momentum behind the Belt and Road Initiative (BRI), China’s trillion-dollar plan to build a network of infrastructure connecting Africa, Asia and Europe. When China hosted its 2017 Belt and Road Forum, 29 heads of state and delegations from another 100 countries traveled to Beijing, hoping to cash in on what President Xi Jinping described as the “project of the century.” This year the landscape, at least from the media’s perspective, looks dramatically different as even China’s closest partners make more cautious noises about the BRI.

Filed Under: All Articles, Belt and Road Initiative, China Tagged With: Belt and Road

How China’s E-commerce Boom Pushes Automation to the Next Level

January 8, 2019 By Dominic Morgan Leave a Comment

Compared to other sectors, Chinese e-commerce firms are among the first batches of firms to embrace automation. China accounts for nearly half of global demand for AGVs, enabling one warehouse to process up to 100,000 orders a day with a staff of 20 human workers, work that previously would have required 300-600 people, according to Beijing-based startup Geek+, a leading domestic robot maker in logistics industry. Other tech giants, like Alibaba and JD.com, have also announced plans to invest billions of dollars to roll out next-generation technologies including totally unmanned warehouses and last-mile delivery robots and drones.

Filed Under: All Articles, China, eCommerce, Logistics

Mending China’s Data Fences

January 3, 2019 By Mark Andrews Leave a Comment

Online data theft is rife in China, affecting more than 80% of Internet users, and tech companies often display a cavalier attitude to using people’s personal information. But things may change. In May, the government implemented new data protection rules called the Personal Information Security Specification, which was hailed by some analysts as a watershed for data privacy, with a few even comparing it to the European Union’s game-changing General Data Protection Regulation law. While there are important differences between the two, Beijing’s new rules appear to reflect a wider shift in the way the Chinese government, companies and consumers perceive online privacy.

Filed Under: All Articles Tagged With: Data Protection, Online Privacy

Not A Hollywood Ending: Are Hollywood films losing luster in China?

December 26, 2018 By Lu-Hai Liang Leave a Comment

Learning how to please Chinese audiences without alienating moviegoers in the US is becoming crucial for Hollywood as box office receipts stagnate in home market but explode in China. Quarterly ticket revenues in China surpassed those in North America for the first time ever in the first three months of 2018, with Chinese cinemas netting $3.15 billion compared to $2.85 billion in Canada and the US. Those figures were boosted by massive takings during the Lunar New Year holiday, always a peak time for Chinese cinemas, but China could become the world’s largest film market in whole-year terms in 2019.

Filed Under: China, Consumers, Culture, Intellectual Property, Marketing, Movie Industry Tagged With: Chinese movie goers, Hollywood, Movie Industry

What is Causing the Gender Payment Gap Among Top Executives?

December 19, 2018 By Liu Sha

Will two executive-level people doing the same job with the same education background and experience be paid differently? The answer is yes. And unsurprisingly, one of the two is female. How big is the gender pay gap at the executive level? Professor Huang Rong at the Cheung Kong Graduate School of Business, who studied a sample of over 34,000 executives from US publicly traded firms using data spanning an 18-year period, found women executives are paid 31% less than male executives. Although it can partly be explained by objective considerations such as title, experience, company size and performance, a 19% gap still exists.

Filed Under: China, Employment Tagged With: Gender Discrimination, Gender equality, Gender Inequality

In the Express Lane: Interview with President of FedEx China Eddy Chan

December 13, 2018 By Dominic Morgan

Economic changes taking place in China are rippling across the world, causing rapid upheaval in global supply chains. Manufacturers are moving to lower-wage economies, the Belt and Road Initiative (BRI) is creating a new web of trade flows and the rise of cross-border e-commerce is accelerating demand for goods from across the world. And then, of course, there is a possible global trade war to factor into the equation. Dealing with all this uncertainty requires ice-cool pragmatism, as FedEx’s China head, Eddy Chan, has learned.

Filed Under: C-Suite Interview, Conversations, Digital Economy, Logistics

When the Taps Run Dry: How Water Shortages Threaten Northern China

December 11, 2018 By Tom Nunlist

The moment finally came just after Lunar New Year, 2016. That morning, residents in Lintao, a city of 200,000 in the remote northwest, turned on the taps, but no water flowed. The groundwater that provided the town’s supply had simply run out. A year later, Si County, a cluster of settlements 2,000 kilometers to the southeast, also ran dry. After municipal wells began to empty, local schools and hospitals resorted to drilling their own. In the north, which contains nearly half of the population but only 20% of the water resources, there is not enough to meet demand. Groundwater storage on the North China Plain fell at a rate of more than 6 trillion liters a year between 2002 and 2014.

Filed Under: China, Chinese Economy, Environment, Know China Tagged With: Enviornment, Water shortage

Kishore Mahbubani: the West Needs to Rethink its Strategic Goals for Asia

December 5, 2018 By Dominic Morgan

Few thinkers can speak about global governance with as much authority as Kishore Mahbubani. A former President of the United Nations Security Council, Permanent Secretary of Singapore’s Foreign Ministry and Dean of the renowned Lee Kuan Yew School of Public Policy at the National University of Singapore, he has been named “the muse of the Asian century”. In his latest book, due next year, Mahbubani plans to tackle the rising tensions between the US and China. As he explains, the US should embrace a more minimalist and strategic approach to foreign policy to maximize its interests in an era of Asian dominance.

Filed Under: China, Conversations, Economy, International Trade, The Thinker Interview Tagged With: China-US, International Trade

Africa Calling: How Transsion Rose to Dominate the African Phone Market

December 3, 2018 By Colin Peebles Christensen

To many people in its home market China, Transsion Holdings is a company name they’ve never heard of. But this smartphone maker, based in Shenzhen, taking over 38% market share, is rising to dominate the smartphone market by with its Tecno Mobile, Itel and Infinix. Its success shows what differences can a small company make by truly catering to consumers’ long ignored needs, as said by local tech expert, “Transsion has succeeded because they addressed the problems of the market directly. They make phones with features that are attractive to Africans.”

Filed Under: All Articles, Strategy, Technology Tagged With: Africa, Consumers, Innovation, Smartphone, Tecno, Transsion Holdings

CKGSB Magazine Fall 2018: The Tourism Deficit

December 3, 2018 By Zhou Li

You are invited to download the Fall 2018 issue of CKGSB Magazine.  “The old world is dying; the new world struggles to be born,” Antonio Gramsci wrote. The Italian philosopher was discussing Europe during the early 20th century, but the phrase appears just as apt when considering East Asia nearly a hundred years later. This […]

Filed Under: All Articles

Betting All the Chips: China Seeks to Build a World-class Semiconductor Industry

November 29, 2018 By Matthew Fulco

For China’s technology sector, the decision of the United States to hit Shenzhen-based telecommunications giant ZTE with a trade ban in April was an abrupt and painful wake-up call. Until then, many in China had grown accustomed to thinking of their country as a global leader in technology. After all, China’s smartphones, high-speed railways and e-commerce platforms were the envy of the world. But in the days following the ban, designed to punish ZTE for violating US sanctions on Iran and North Korea, it became clear that one of China’s most successful companies was totally dependent on American suppliers.

Filed Under: All Articles, Chinese Economy, Globalization, Technology Tagged With: Chips, Semiconductors industry, Trade, ZTE

Trading Places: Is China Entering a Current Account Deficit?

November 26, 2018 By James Lord

China’s huge current account surplus was once the symbol of its status as the “factory of the world.” But in recent years, that surplus has been shrinking. Last year, it sank to 1.3% of GDP. The half-year deficit announced in August was the first in more than 20 years. Some economists predict China could soon be running a current account deficit. If that happens, it will be a watershed moment with implications for all manner of issues, from the policies Beijing is able to pursue to the status of the RMB as a global currency and maybe even the way the US finances its debt.

Filed Under: All Articles, China, Chinese Economy, Economics, Globalization, International Trade Tagged With: Trade

Understanding AI from Historical Lessons

November 21, 2018 By Xu Chenggang

The negative effects that industrial revolutions unleash on human society always stem from an overestimation and abuse of the power of new technologies. It has never been more important to heed this point than today. Big data and artificial intelligence (AI) are bringing forth a new industrial revolution, and the blind worship of these innovations is already on full display in some quarters.

Filed Under: All Articles, China, Innovation, Technology Tagged With: AI, Industrial revolution

CKGSB Business Conditions Index for October 2018: Plunging Confidence

November 19, 2018 By CKGSB

In October, the CKGSB Business Conditions Index (BCI) dropped slightly from the worst reading to date in September, from 41.9 to 41.4. Although not quite as dramatic a decline as the previous month, the deterioration of conditions for doing business in China should not be underestimated. It shows that the majority of sampled companies, some of the most competitive private businesses in China, are pessimistic about their prospects for the next six months.

Filed Under: All Articles, BCI, Chinese Economy Tagged With: BCI, Macroeconomics, SMEs

Enter the e-bike

November 14, 2018 By Bennett Voyles

Sometimes, a major innovation starts at the top of a market and works down—think of Tesla’s electric sports car. Other times, as innovation theorist Clayton Christensen noted in The Innovator’s Dilemma, innovations bubble up from the bottom, beginning with a product that has limited functionality and seems at first like little more than a toy. That second uphill path has been the trajectory of the electric bicycle, which over the past 20 years has become an important mode of personal transportation in China and is now beginning to make inroads in the rest of the world.

Filed Under: All Articles, Consumers, Environment, Sustainability Tagged With: ebike, electric bikes

Sean Ellis on Growth Hacking: Focus on a number related to your value to customers

November 7, 2018 By Liu Sha

What is the most important thing for a startup? Growing your business by focusing on the value to the customer is the answer given by Sean Ellis, founder and CEO of GrowthHackers, a service that helps 200,000 members with their growth strategy. According to Ellis, “growth hacking” is more than a buzzword in Silicon Valley—it’s a marketing strategy with actionable methods that prioritize business growth.

Filed Under: All Articles, Conversations, Marketing, Strategy Tagged With: Growth hacking, Startups

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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