Sinopec failed to acquire China Gas Holdings, yet it might be better off that way. Here’s why. Sinopec’s recent failure to acquire China Gas Holdings has attracted much attention as the first hostile takeover attempt in Chinese history–even more so because the much smaller China Gas thwarted the efforts of the much larger Sinopec. The failure also […]
C-Suite Interview: Liang Xinjun, Vice-chairman and CEO, Fosun
The Fosun Group, a Shanghai-headquartered conglomerate, has diverse business interests ranging from insurance and healthcare, to retail, steel and mining. Founded in 1992, Fosun has already made it to the list of China’s top enterprises—in 2011, it ranked 81st among the top 500 enterprises in China ranked by Fortune. The group attributes its success […]
Henry Chesbrough on the Future of Open Innovation
Innovation communities will push the boundaries of Open Innovation, says Henry Chesbrough, the proponent of this revolutionary idea in management.
‘Made in China’ Aims For Sophistication
It’s time to give ‘Made in China’ a makeover. Fifth October was recently designated as Thinkpad Day by the US state of North Carolina, a date which commemorates the 20th anniversary of Lenovo’s Thinkpad label. Lenovo, which recently gained the mantle of the world’s largest PC manufacturer, will also soon inaugurate its first US manufacturing plant. […]
Debate Room Part 2: Should China have Another Stimulus Package?
No. Some Pain is Necessary in the Short Run The slow recovery of the US economy and the deep recession in the eurozone have cast a long shadow on the global economy. Given the strong headwinds faced by China’s exporters and the weak domestic demand, many have advocated another stimulus package to arrest the […]
Debate Room Part 1: Should China have Another Stimulus Package?
Yes. It could Energize the Faltering Economy China’s 2008 economic stimulus has led to concerns that if another such package were to be introduced today, it would lead to similar problems of overinvestment, overcapacity, increased social inequality and rising local debts. I, however, feel that these fears are misplaced. Since 2008, the Chinese economy has […]
The New Big Spenders
Luxury brands change tactics to drive sales in tier-two and tier-three cities Just a decade ago, Jiefangbei Pedestrian Street in downtown Chongqing was a bustling hub of cheap goods and low-end domestic brands. To see a woman stroll down the street toting a Louis Vuitton bag wouldn’t have been unbelievable: everyone would have just […]
The High Growth Conundrum: Building the Right Culture
In a high-growth environment, building the right culture is tougher than you think. The third article in our series on hypergrowth will show you how to go about building your company’s culture when everything is moving at a dizzying pace. For the other articles in this series, click here A lot of things must […]
China’s Craigslist Wannabes
Three erstwhile copycats innovate through trial and error, to fight the fierce war over online classifieds market A few years back Ren Jinglei, a university student interning at an IT company in Beijing, decided to buy a bicycle to ease his commute to the office. Like an increasing number of Chinese people, Ren prefers to […]
Taking the Hard Road: Chinese automaker BYD tries to innovate
Chinese car maker BYD is finding it tough to shift from imitation to innovation. It used to take a cheeky sense of pride in copying, then beating much bigger rivals. Low costs and imitation made BYD one of China’s top five carmakers in an incredibly short space of time, even inviting a high-profile $232-million […]
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