The price you are able to command for your services doesn’t just depend on how much customer value you create.
Should the Liquor Tax in China be Higher?
Liquor tax in China is lower than in most other countries. Prof Brian Viard on whether there is a case for raising it.
When your Bank Interest is a Basketful of Vegetables
CKGSB professor Brian Viard on why Chinese banks are resorting to paying bank interest through Mercedes Benz cars, iPhones and even vegetables.
Railroaded? The Logic Behind Merging Two Chinese Train Manufacturers
Examining the possible reasons behind the merger of two Chinese train manufacturers, China CNR Corp. and CSR Corp.
Learning from Market Entry: Keep Your Entrants Imaginary
What industry incumbents can learn from the forces that guide market entry.
Deciding to Invest in Something? Bear in Mind the Opportunity Cost
By using the principle of opportunity cost, Chinese companies can make better investment decisions.
Will Competition Work in Chinese Industries?
Can increased competition in Chinese industries help the country meet its goals for greater reforms? During last November’s Third Plenum, the party’s Central Committee unveiled a blueprint for reform to drive greater economic growth in China.[1] An important component of these reforms is an increase in market competition.While the Central Committee is perhaps thinking primarily of the […]
Restrictions on New Car Purchases: An Economist’s Road Trip
Various cities across China are restricting new car purchases in an effort to curb pollution and traffic using either auctions or lotteries. Which of these two methods works better? In efforts to contain rapidly-escalating congestion and pollution, city governments across China are experimenting with numerous methods to pull cars off the road. Some of these […]
China’s Salt Monopoly: Cracking Down on Illegal Contraband
China’s 2,132-year old salt monopoly and why it makes sense to finally end it. Early last year Taobao, Alibaba’s online marketplace, went through a cleansing process to remove contraband being sold by merchants on the site. What was this illicit item? Was it cocaine or heroin sale of which is prohibited under China’s Drug Administration […]
Box Office Sales: It’s all a Matter of Timing (Part 2)
Last time I discussed how important movie-release timing is to box office sales in the US and how studios play a game of “chicken” to obtain the choicest time slots. This time I talk about how differently things work in China. Last time I talked about how studios play a game of “chicken” when scheduling movie releases […]
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