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 […]
The Eurozone crisis is threatening China’s growth prospects. What is the prognosis for the country’s economy?
GETTING BEIJING’S TAXIS TO MOVE, NOT SIT Starting this week, Brian Viard, Associate Professor of Strategy and Economics at Cheung Kong Graduate School of Business, will explore the workings of economics in everyday life and business in China through this fortnightly column A few weeks ago, I was standing outside a Beijing subway station desperately […]
China is crucial for the future of business development of the ASEAN region This was far more than a holiday in Cambodia. From talks of increasing integration to internal squabbles and the rise of ASEAN’s lesser-known members, the 20th ASEAN Summit in April outlined the growing importance of this economic and political cooperative. It also […]
The Chinese economy did not escape last year’s dire global economic conditions unscathed. Since small- and medium-sized enterprises have a much shorter life span in relation to western private companies, there is more pressure and challenges to contend with. Cheung Kong Graduate School of Business (CKGSB) jointly conducted a survey with Ernst & Young with […]
While throngs of Chinese shoppers are buying up Louis Vuitton bags, iPhones and Rolex watches as fast as they can get their hands on them, more Chinese firms abundant with capital are also rapidly buying foreign companies amid the stagnating US and European economies. This trend shows no signs of slowing down. State-controlled energy giants […]
A New Game Begins A decade after joining the World Trade Organization, China’s foreign direct investment enjoys 40% annual growth. In 2010, China’s FDI was USD 68.8 billion, fifth in the world. According to government figures, over the past ten years, 900 different types of “made-in-China” products have the largest international market share. There were […]