The week that was: Beijing hosts the annual CPPCC and NPC meetings; Chinese GDP growth target for 2014 announced; austerity measures in full force; and solar cell company heads for China’s first corporate bond default. All eyes this week, understandably so, are on Beijing where delegates from all over China have gathered for the two […]
“17% of Global Innovation is Coming From Emerging Markets”
Texas A&M’s Venkatesh Shankar on how emerging markets are reshaping the global innovation architecture. The year 2007 marked a major turning point for General Electric Corporation (GE). For the very first time, in GE’s more than century-old history, the company earned more from its operations outside of the US, than within. That, as the company revealed, […]
The World Trade Organization’s Bali Package: Good News for China
The World Trade Organization’s Bali deal is likely to boost China’s economy tremendously. Here’s how. Eighteen years since its founding and one day after the current round of trade liberalization talks’ scheduled end, on 7th December 2013, the 159 members of the World Trade Organization (WTO) finally did something few observers expected: they agreed on something. […]
End of the Road for China’s Exports?
An abrupt slump in China’s exports in the first half of 2013 raises questions over the role of exports as the country’s main economic growth driver. Business last year was the worst that Yang can remember since she began working for Yongli Suitcase in Wenzhou, a coastal city renowned for its freewheeling entrepreneurialism, eight years […]
What Plagues FDI in Retail in India?
FDI in retail in India is a prickly issue. For years, the proposed policy to allow foreign retailers to set up shop in the country was in limbo. Finally in 2011, the government eased the rules governing foreign direct investment (FDI) in both multi-brand retail as well as single-brand retail. Foreign retailers were […]
China’s innovation ability is massively underrated
Centuries ago, China was known as a greater inventor, famous for the Big Four inventions: the compass, gunpowder, papermaking and printing. But today, technology breakthroughs like that can barely be seen anywhere except in the history books, and ‘Made in China’ has often come to stand for mass-produced, cheap and commoditized. But can China […]
Lady Lynn Forester de Rothschild on E.L. Rothschild’s investments
In 2003, Sir Evelyn de Rothschild and Lady Lynn Forester de Rothschild set up E.L. Rothschild LLC, a privately funded family investment company to oversee a variety of the Rothschilds’ global investments. Today E.L. Rothschild has made a number of investments in a diverse bunch of sectors across continents. In this interview, Lady de Rothschild, […]
Bottom of the Pyramid and Beyond: The Thinker Interview with Stuart Hart
In the year 2002, C.K. Prahalad and Stuart Hart published a groundbreaking article in Strategy+Business magazine that introduced to the world the idea of the Bottom of the Pyramid (BOP). The idea, which says that the poor present a vast untapped business opportunity, and if companies serve the poor, they can help eradicate poverty and […]
Chasing the Deals in China’s Crowded Private Equity Market
Foreign private equity in China is down, but far from out. For most people, having too much money in the bank is hardly a concern, particularly in the current economic climate. For those in the private equity (PE) industry, however, it’s a an unpleasant reminder of how much the world has changed since the go-go […]
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 […]
