Few people know that BASF, the world’s largest chemical company headquartered in Ludwigshafen, Germany, has been involved with the Greater China region since 1885. Back then, it started selling chemical dyes to Imperial China. Today BASF’s China offerings have grown beyond dyes to a diversified portfolio including petrochemicals, inorganics, polymer dispersions, polyurethanes, coatings, construction chemicals […]
Vantone chairman Feng Lun on pioneering a new business model for China’s real estate industry With China’s real estate market in cool-off mode after over a year of policy-driven credit restrictions, it’s perhaps not surprising that one of the country’s most high-profile developers has been looking at new territories and new business models. Vantone, a […]
GE’s past success in China hinged on localization. Its future, however, might be in reverse innovation. Rising oil prices and the global financial crisis have dealt a harsh blow to the global aviation sector. The Chinese aviation industry, however, is bucking the […]
The Eurozone crisis is threatening China’s growth prospects. What is the prognosis for the country’s economy?
While Jaguar Land Rover and Chery Automobile stand to gain from their partnership, they must realize that just having a joint venture is not enough to succeed in the Chinese market As you stroll down the busy streets of Beijing, it is hard not to notice the array of cars whizzing past. From frugal QQs […]
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 […]
Executives from top multinational corporations give students a glimpse into strategies for localizing operations and decision-making in China during a private roundtable discussion sponsored by Cheung Kong Graduate School of Business (CKGSB). Participants discuss growing local autonomy, increasing competitiveness and reaching long-term objectives. Bring Over the Brains More than three decades after the first multinational […]
MNCs in China are facing more difficulties amidst increasing competition, and they feel they are losing advantage. How can they find their way out of this? In December, French dairy giant Danone SA announced its suspension of its Shanghai yogurt production factory, although it will continue operations of its Beijing factory. A spokesperson for the […]