China’s industrial economy did not stabilize: it declined in the first quarter of 2016, according to the latest CKGSB survey of over 2,000 industrial firms nationwide. The survey, led by CKGSB Professor of Finance Gan Jie, shows that overcapacity and weak demand remain biggest challenges for China’s industrial economy. The Business Sentiment Index, a major indicator of the survey, stood at 46 in Q1 2016, a one point increase from Q4 2015, but still indicative of contraction. The BSI is the simple average of three diffusion indices including current operating conditions, expected change in operating conditions and investment timing.
As China’s economy matures, the leaders are trying to move manufacturing up the value chain with the Made in China 2025 plan.
CKGSB’s Business Sentiment Index shows that China’s industrial economy hasn’t improved over the last quarter. Rather it has contracted slightly.
Alan Krueger, former Chairman of the White House Council of Economic Advisors, shares his thoughts on the labor market, US economic recovery and the interplay with China.
With the Made in China 2025 plan, the government is trying to give the manufacturing sector a major boost. A look at the sectors that will get a fillip.
A quick guide to some of the hottest topics that came up during the 2015 Lianghui, the two annual meetings that set the agenda for the Chinese economy.
This week, Qualcomm got a rap on its knuckles and a $975 million fine; Alibaba invested in smartphone brand Meizu; and the Chinese imports figure plunged. Bad Data The most recent indicators of the Chinese economy don’t look good. Imports fell sharply by 20% in January from a year earlier, the biggest drop since May […]
The sharing economy has threatened traditional industries in the West in the last few years. Now it’s gaining a foothold in China.
A look at how Chinese outbound investment in auto is rising and how marquee brands like Volvo Cars and Manganese Bronze now belong to Chinese companies.
Bill Fischer, author of Reinventing Giants, on how CEO Zhang Ruimin transformed Haier from a lumbering giant into the world’s largest white goods manufacturer—and a world-class brand. China has never been at the forefront of management innovation. Whenever you talk of management innovation, the companies that come to mind are GE, Procter and Gamble, Whole […]