GE’s past success in China hinged on localization. Its future, however, might be in reverse innovation. Rising oil prices and the global financial crisis have dealt a harsh blow to the global aviation sector. The Chinese aviation industry, however, is bucking the […]
Here’s a question. What do the following mergers and acquisitions have in common: Lenovo and IBM’s PC division, TCL and Thomson Electronics’ TV arm, and BenQ and Siemen’s cellphone business? According to Teng Bingsheng, Associate Professor of Strategic Management and Associate Dean responsible for the CKGSB MBA program, there is one common thread that runs […]
The International Olympics Committee has mastered the art of monopoly pricing Now that the Olympics is over it is a good time to reflect on its economics. The Olympics is big business with an estimated $5 billion in revenue flowing to the International Olympic Committee (IOC) from 2009 to 2012 . Aside from television income, […]
Can China meet its electric vehicle goals? By 2015, the Chinese government would like the automotive industry to produce more than 500,000 electric vehicles per year, to help reduce environmental degradation and give China a leading role in the next generation of global automotive production. But so far, it hasn’t gone well. Given that only […]
An interview with Shalom Saada Saar, Professor of Managerial Practice at CKGSB and Senior Instructor, MIT, on his upcoming book Leading with Conviction (Jossey Bass).
What’s the best way for Chinese cities to go about enforcing license plate restrictions? China’s efforts to combat auto congestion and pollution through license plate restrictions are back in the news. Guangzhou, capital of Guangdong Province, will restrict to 120,000 the number of auto license plates issued for the year that began on July […]
Burger King’s ambitious plan to roll out 1,000 new restaurants in China is out of sync with reality
Football in China: big business or a tale of flawed finances?
Why companies should pay more attention to the role of complementary goods
Nicholas R. Lardy, the Anthony M. Solomon Senior Fellow at the Washington D.C.-based Peterson Institute of International Economics, has been watching the Chinese economy for more than three decades now. His first book on China – Economic Growth and Distribution in China – was published in 1978. Over the years, Lardy has chronicled the rise of the […]