In 2011 China engaged in multilateral trade across the globe, both spending on imported goods and services, and investing in foreign industries. Topping China’s shopping list were machinery and electrical equipment imports from Japan, Korea, Taiwan, the United States and Germany, followed by mineral products from Australia, Russia and Indonesia. Five of China’s key import […]
Billionaire investment czar Sam Zell shares his investing secrets in conversation with Liu Jing, CKGSB Associate Dean and Professor of Accounting and Finance Billionaire property mogul and chairman of Equity Group Investments, Sam Zell, made his first foray into the real estate market while he was still in college. His strategy was simple: buy cheap […]
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 […]
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 […]
Why companies should pay more attention to the role of complementary goods
The Eurozone crisis is threatening China’s growth prospects. What is the prognosis for the country’s economy?
How will the progress of IT and automation change the future of work? In 1988, Harvard Business School Professor Shoshana Zuboff predicted that the working world was on the verge of a revolution in which many jobs would be “informated”-automated and computerized in ways that would greatly extend human capacities even as it dumbs-down the […]
While Jaguar Land Rover and Chery Automobile stand to gain from their partnership, they must realize that just having a joint venture is not enough to succeed in the Chinese market As you stroll down the busy streets of Beijing, it is hard not to notice the array of cars whizzing past. From frugal QQs […]
Why would a steel company get into a wildly-unrelated area such as pig breeding?
Last year, Zong Qinghou, founder and president of Wahaha, China’s biggest beverage company, was holding a run-of-the-mill press conference in Beijing. Although Zong was the richest man in China by some estimates, it seemed as though nothing of interest would come out of his speech that day. Then an ostensibly throwaway comment sent stocks soaring. […]