EXPLOREMY LIBRARY
Business & Finance
CKGSB Knowledge - China Business and Economy

CKGSB Knowledge - China Business and Economy Winter 2014

CKGSB Knowledge is an English language business publication focused on China. It features original articles on business and economy in China, the evolution of “Made in China”, policy issues, the rise of Chinese companies, the emergence of Chinese multinationals, and foreign multinationals’ strategy and operations in China. It also features interviews with influential thought leaders and CEOs, both Chinese and global, on trending topics. CKGSB Knowledge provides a unique vantage point from which to discover the latest general and China-specific business trends. It also provides a matrix to understand how emerging markets are transforming the global business landscape.

Country:
United States
Language:
English
Publisher:
Cheung Kong Graduate School of Business
Frequency:
Quarterly
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4 Issues

in this issue

2 min.
the alternative route to getting the top job. know more about doing business with china.

Within most companies, there may be many routes to the top. The one that is becoming increasingly prevalent however, is knowing how to do business with China. With the Chinese economy continuing to grow, understanding how this will affect the global marketplace is as advantageous for the individual within the business as it is for the business. Whatever your current knowledge of China’s influence on the world’s businesses, CKGSB: Cheung Kong Graduate School of Business and IMD business school can help you develop your understanding of China, along with your career prospects, even further. CKGSB is recognized as China’s world-class business school with an alumni base that accounts for 13.7% of China’s GDP. Our world-class faculty represents many of the best minds from the U.S. and Europe’s top business schools. IMD is…

3 min.
what’s mine is yours

On my recent visits to New York, my hospitable American colleagues were so kind to book me cars via Uber that I did not have to wait for yellow cabs in the bad weather. After one such ride, my colleague, asked me with a hint of pride, “Do you think such a business model would work in China?” He was a bit surprised when I answered: “Yes, such models started in China about four years ago” I then told him about my experience with Yongche, an Uber-like company that one of our EMBA alumni started with an initial investment from his classmates. I do not think the founder knew about Uber when he founded Yongche as one of the reasons why he started the company in Beijing was because you need…

1 min.
china data

Racing to Catch Up Growth in research and development has slowed or decreased around the world, but China continues its surge in spending as it tries to catch up. Preparing for Take Off? China’s national civil aviation authority says it will need to train 500,000 civilian pilots by 2035. But the aviation authority’s school can only train up to 100 pilots per year. Shifting Down a Gear China’s growth in passenger automobiles eases off the gas, with the smallest increase in 19 months coming in September, typically a strong month, as the industry feels the effects of the economic slowdown and the government’s austerity drive. Fighting for Third In the close battle for third place in the number of smartphone shipments, Xiaomi came out on top, only to see its title snatched away a few hours later…

1 min.
the big number

China’s gross domestic product (GDP), and the rate at which it changes, is one of China’s most closely-watched statistics; the base from which so many economic and business decisions are made. The breakneck growth in GDP that China has achieved in the past three decades has often reached double digits and continues to define perceptions of its role and status in the world. But as the economy now slows, there is handwringing over the government’s target of 7.5% annual growth in GDP, and how it can be sustained. Nonetheless, China is now the world’s largest economy according to the IMF when measured by purchasing power parity (the US represents 16% of the global economy). This is not the first time the country has been in this position—China has had a…

12 min.
where is china’s silicon valley?

The people in the packed room listen intently as the speaker spells out the virtues of adaptability, creativity and his own personal refusal to box himself in with a job title on his business card. Those standing at the back of the room crane their necks to hear his words. The last of eight speakers drawn from tech companies and venture capital firms, at the end of his talk members of the crowd begin conversing with one another over bottles of beer, tech buzzwords dominating. It sounds like a scene from Silicon Valley, but instead the event, hosted by start-up incubator Chinaccelerator, took place in the newly opened shared office space of People Squared in Shanghai’s Jing’an district, its third such space in the city. In China’s drive to transform itself into…

12 min.
the property conundrum

China’s property market, long identified as one of the key fault lines in the country’s economy, has moved into one of its most testing phases yet. Eight out of 10 economists surveyed by CNNMoney in July named the real estate sector as the area posing the biggest risk to China’s slowing economy, and analysts and investors who subscribe to this negative view include Nomura, UBS and George Soros. The importance of real estate to the Chinese economy is not in dispute, nor is the existence of bubble traces, at least in some parts of the country. The only uncertainty comes over the scale of the problem and how the Chinese government will handle it. A string of developments in 2014—but set into motion years earlier—have highlighted the growing need for some…