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 […]
Asian persuasion
China is crucial for the future of business development of the ASEAN region This was far more than a holiday in Cambodia. From talks of increasing integration to internal squabbles and the rise of ASEAN’s lesser-known members, the 20th ASEAN Summit in April outlined the growing importance of this economic and political cooperative. It also […]
Coping with the economic slowdown
The Chinese economy did not escape last year’s dire global economic conditions unscathed. Since small- and medium-sized enterprises have a much shorter life span in relation to western private companies, there is more pressure and challenges to contend with. Cheung Kong Graduate School of Business (CKGSB) jointly conducted a survey with Ernst & Young with […]
China’s globalization efforts move full steam ahead
While throngs of Chinese shoppers are buying up Louis Vuitton bags, iPhones and Rolex watches as fast as they can get their hands on them, more Chinese firms abundant with capital are also rapidly buying foreign companies amid the stagnating US and European economies. This trend shows no signs of slowing down. State-controlled energy giants […]
Global strategies shift amid trends toward local autonomy
A New Game Begins A decade after joining the World Trade Organization, China’s foreign direct investment enjoys 40% annual growth. In 2010, China’s FDI was USD 68.8 billion, fifth in the world. According to government figures, over the past ten years, 900 different types of “made-in-China” products have the largest international market share. There were […]
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