“Guanxi” (a good personal network), which is known to be one of the secrets of success in life in China, is an important tool for young Chinese entrepreneurs doing business.
With Alibaba’s upcoming IPO set to dominate headlines in the financial media over the next few weeks, CKGSB Professor of Finance and Chair of Finance Department Henry Cao’s analysis is featured in this Forbes interview with BRICS correspondent Kenneth Rapoza. Professor Cao talks about the company’s two-tiered structure, as well as why the firm is choosing to list in the US rather than in Hong Kong.
With Alibaba’s mammoth IPO set to go live in the US in September, there has been more scrutiny on the group’s previous financial dealings. In a recent interview with The Wall Street Journal, CKGSB Professor Chen Long gave his thoughts about Alibaba’s restructuring of agreements to gain a bigger share of earnings from its payment affiliate.
CKGSB Founding Dean and Professor of China Business and Globalization Xiang Bing took time out during a recent trip to London to speak to the Financial Times’ Business Education Editor Della Bradshaw about CKGSB’s past, present and future. Dr Xiang sat for both written and video interviews with Bradshaw for the FT’s prestigious Meet the Dean section. Here are the results.
Oliver Shiell, CKGSB’s Chief Representative in London, contributed this China Daily piece that focuses on the merger of Eastern and Western mindsets as being fundamental to success in the business world. He explains how CKGSB’s partnership with IMD for a dual-EMBA program helps its students to achieve a dual mindset and conduct Sino-European business.
To what extent is the rebalancing of China’s economy actually happening? And what does it mean for longer-term prospects? These, and other, questions were discussed at the recent FutureChina Global Forum in Singapore, at which there was a significant presence from CKGSB.
On July 16th, along with Teng Bingsheng—CKGSB Associate Dean and Associate Professor of Strategic Management—two CKGSB alumni Mr. Chik Wai Chiew, Partner at Tembusu Partners, an award-winning private equity firm focusing on emerging markets and China and Mr. Mao Jihong, President of Mixmind Art & Design, one of the most successful fashion brands in China, shed light on struggles for MNCs and where the opportunities lie in China at the first CKGSB Workshop in Singapore.
China Daily’s Yang Ziman and Du Xiaoying recently profiled the MBA Program’s China Module at CKGSB in a glowing two-page article that explains why this ground-breaking new course is perfect for foreign managers looking to enter the Chinese market.
It’s one of the most coveted places on the planet – few get to go inside, fewer still get to make a speech there – but Oliver Shiell, CKGSB’s Chief Representative in Europe, recently had the opportunity of a lifetime after being invited to the prestigious Cholmondeley Room at The House of Lords in London to discuss the UK-China relationship through the eyes of both Chinese and British senior executives.
Anson Wong, Assistant Director of the China Economy and Sustainable Development Centre at CKGSB, was featured in ASrIA discussing the first revisions to China’s Environmental Protection Law for 25 years, as well as its implications and implementation.
China and India have two of the most exciting economies in the world, but their unique situations require carefully planning by companies seeking to operate there.
CKGSB Professor Zhou Chunsheng said, “The rapid growth of China during its period of economic reform had been based on capital investment from overseas Chinese”. He added, “Overseas Chinese have no language barrier while doing business in China and are also able to access various investment tips and ‘guanxi’ via their relatives across the mainland.” Professor Zhou added, “A significant portion of all overseas Chinese capital investment was made by individuals and this is because overseas Chinese are buying up a lot of real estate, including houses, buildings and land”.
