Does it make more sense to ‘beat’ or ‘meet’ your rival’s price? Last time I discussed a price war between China’s largest electronics retailers in which all three promised to price their home appliances below the other two. I explained how such a promise to “beat” any price offered by rivals resulted in a “death […]
What’s the best way for Chinese cities to go about enforcing license plate restrictions? China’s efforts to combat auto congestion and pollution through license plate restrictions are back in the news. Guangzhou, capital of Guangdong Province, will restrict to 120,000 the number of auto license plates issued for the year that began on July […]
Why would a steel company get into a wildly-unrelated area such as pig breeding?
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 […]