Multinational corporations (MNCs) in China are facing a rapidly changing environment given the growth of local businesses, a slowing economy and the changing political environment. As local companies fasten expansion, what are the new challenges and opportunities MNCs are facing today?
As we enter a new era of globalization and business, more emphasis is being placed on the role of China and its impact on the global business community. However, operating in China is not that simple. Multinational companies (MNCs) in China are operating in a fast-changing environment, given the growth of local Chinese companies, a slowing Chinese economy and changes in the political environment.
“The recent Chinese President Xi Jinping and Chinese business tycoons’ visit to Seoul have further bolstered Sino-Korea political and economic ties. Closer ties between the two countries created more opportunities and at the same time fostered greater challenges for Korean companies to grow in China market,” says Cho Dong-Sung, Professor of Strategy and Director of China-Korea CEO Program, CKGSB. Cho suggested that Korean companies should quickly adapt to a new global standard in order to grow along with China which is inevitably the most important market for Korean businesses.
As emerging economies like China and India soar at eye-opening paces, the world is being reshaped into a more multi-polarized picture than it was ever before. The then Super powers are sensing the threat and geopolitical disputes are rising one after another. So, what is coming next?
The relationship between the US and China is more important than ever and will go a long way towards shaping the 21st century. But is this a healthy and sustainable relationship? Join Prof. Roach and CKGSB Prof. Chen Long for a dialogue on the pitfalls and opportunities in the China-US relationship.
The Summer Institute of Finance (SIF) will host its fifth annual conference from July 17 – July 18, 2014 in Lijiang, China. The SIF Conference is jointly organized by the Cheung Kong Graduate School of Business (CKGSB) and Shanghai Advanced Institute of Finance (SAIF). This annual conference serves as a forum for academic scholars to share the latest research and insights in finance, including topics such as Chinese financial markets, decentralization of SOEs, and the premarket of IPOs.
As we enter a new era of globalization and business, more emphasis is being placed on the role of China and its impact on the global business community. Companies in Singapore and beyond are looking for opportunities to enter this dynamic and promising ecosystem, hoping to capitalize on its massive consumer market and innovative prospects.
The 2014 China India Insights Conference, co-organized by Cheung Kong Graduate School of Business (CKGSB) and Yale School of Management, will be held in Lijiang of Yunnan province from July 13-15, 2014. This annual conference serves as a forum for academic scholars from diverse disciplines and research practitioners to share the best available research on both consumer and firm behavior related to China and India—two of the world’s largest and fastest growing emerging markets. All interested academics and marketing practitioners are invited to register and attend.
CKGSB MBA presents a unique event that brings together young professionals and business people from around the world at CKGSB’s New York branch. Hosted by CKGSB’s MBA program, the evening will gather entrepreneurs, international professionals, members of New York’s Chinese business community, and business leaders in finance and global trade to network and forge a greater understanding between the business communities in China and the United States.
Chinese companies are on the move. Over the last decade, more and more Chinese companies expanded internationally and have operations abroad. At the same time, multinational companies firmly established themselves in the business landscape of the Middle Kingdom. This business expansion prompted multinational companies, as well as Chinese companies, to focus on corporate social responsibility (CSR). The role of CSR reporting is enhancing awareness, monitoring business practices and restraining harmful occurrences on social and environmental elements. As China’s role on the world business stage increases, understanding the role of CSR in multinational and Chinese companies is of growing importance for rising executives and business leaders.
Join us on June 10 in Silicon Valley as we take an in-depth look at China's transformation and its implications for global business. This event will be hosted by Cheung Kong Graduate School of Business (CKGSB) and the Financial Times Outstanding Directors Conference.
On Friday, May 23rd, CKGSB proudly hosted Joel Backaler, author of China Goes West, and Li Kan, CKGSB EMBA student and Managing Director of TCL Venture Capital, in an engaging panel discussion on the opportunities and challenges that globalization and M&A will bring to Chinese companies. The panel was moderated by Li Xiaoyang, Assistant Professor of Economics and Finance at CKGSB.
