Why the price wars in Chinese e-commerce might end up becoming a race to the bottom for the companies involved. When you were a child, your parents might have warned you to be careful what games you play lest you get hurt. The same advice might be needed for some of China’s biggest retailers […]
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 […]
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 […]
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 […]
Football in China: big business or a tale of flawed finances?
As the war for talent intensifies, Chinese companies seem to be outdoing MNCs for the first time ever
Why did Boeing buy back used Airbus planes from China Eastern Airlines?
A new breed of entrepreneurs takes on China’s most vexing problems
Chen Ping, president of the National Center for Performing Arts, on the genesis of a world-class performing arts center in China