The week that was: LinkedIn enters China with an innovative model; Sina Weibo plans US listing; the Chinese renminbi depreciates; and banks fight back against internet finance channels. LinkedIn Connects with China Six months ago people were curious why LinkedIn isn’t blocked in China, like Twitter, Facebook and many other networking sites are. Well, […]
Invisible Hand Revealed: Mobile Apps that Move Cabs
In an earlier article I discussed how the regulation of Beijing’s taxi fares had taken taxis off the road. Recently there has been a spate of mobile applications (mobile apps) to address this problem: DiDiDaChe and YaoYaoZhaoChe in Beijing, KuaiDiDaChe in Hangzhou, and DiDi and KuaiDi in Shanghai and Guangzhou. Although varying slightly, these apps […]
Invisible Hand Revealed: Beijing taxis
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 […]
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