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.
In the days, weeks and months following its IPO filing, Alibaba will be the center of attention throughout not only the technology universe, but also those interested in learning about Jack Ma and his path to building one of the world’s largest e-commerce empires. Teng Bingsheng, Professor of Strategy Management at CKGSB, recently spoke to Bloomberg about how Jack Ma turned a vision into reality.
Zhou Chunsheng, CKGSB professor of finance, spoke with Don Weinland of China Economic Review on the underlying challenges facing China's capital markets, which permeate the country's judiciary and even society at large. At what measures will the China Securities Regulatory Commission have to take to truly be able to push through financial reform?
DongA Economic Leaders Academy (DELA) Overseas Networking Program’s Completion Ceremony was successfully hosted at CKGSB, Beijing where the DELA students including Korean financial corporate executives and the government officials from the financial authorities were certified. CKGSB also hosted a speech session on the current circumstances and regulatory trends in the Chinese financial industry, where students shared their opinions and knowledge with CKGSB professors and the local business leaders.
April 17-18, 2014 – The 2nd DongA Economic Leaders Academy (DELA) Overseas Networking Program’s Completion Ceremony was successfully hosted by CKGSB in Beijing. DELA students, including Korean financial corporate executives and government officials from financial authorities were certified. CKGSB has been co-hosting this program with DELA in which prominent Chinese and Korean financial experts forecast China’s financial and capital markets and share their opinions.
Professor Mei Jianping, CKGSB Associate Dean, said that “unlike years past, the future Chinese government will aim to resolve accumulated inequality. The increased investments in railways in the Midwest region or tax exemptions for small business owners are examples that are related to the government’s effort to resolve inequality”. He emphasized that the reason the government rejects taking large-scale economic stimuli is that the product quality is more important than the pace of growth. With regards to the recent weakened Chinese Yuan, Professor Mei explained that “it is likely to be highly related to the government’s intention to support the economy by encouraging overseas export”. He further commented that “the Chinese Yuan depreciation would continue in the course of time” and “it will depreciate by up to 5% within this year”.
On Monday, April 14th, CKGSB held a press conference at its Beijing campus to promote its recently-launched Dual Degree Executive MBA Program, in partnership with Switzerland’s leading business school, IMD. Deans of both business schools attended, and reiterated the merits of the program.
Watch CKGSB Dean Xiang Bing’s feature in CCTV’s ‘Biz Asia’, as he discusses the further opening up of China’s economy and promoting understanding between corporations.
2014-04-09 – CKGSB successfully held its 5th annual China-Japan CEO Roundtable in Tokyo on April 9th, 2014. This year’s roundtable focused on the keyword “growth”. After witnessing several years of supercharged growth, China has seen its gradual deceleration in 2013. At the same time, Japan has struggled with jumpstarting its stagnant economy in recent years. While both countries have passed a number of reforms aimed at bolstering growth to attractive and sustainable levels, it is clear that for individual businesses, opportunities lie in fast-growing markets and sectors. How should companies position themselves, both strategically and geographically, to most effectively leverage such pockets of opportunity?
When speaking about China, professors and alumni of Cheung Kong Graduate School of Business (CKGSB) have no hesitation in discussing its problems. But, in their eyes, pollution, corruption or the housing bubble are not sources of worry or frustration. Rather, these are opportunities to make a difference. Freda Wan of South China Morning Post discusses this phenomenon and how CKGSB can capitalize on these opportunities.
Li Ka Shing, CEO of Cheung Kong Group, is known as one of the richest people in Asia. CKGSB, founded by the Li Ka Shing Foundation in 2002, has made a great leap in becoming one of the best business schools in China. CKGSB’s world-class faculty is also highly reputed. CKGSB Professor Teng Bingsheng, who visited Seoul to make a keynote speech at the ‘2014 Asian Leadership Conference’, said that proper strategic alliance such as ‘Strategic Investor’ relations between Korean and Chinese companies could enhance both countries’ key industries.
CKGSB Professor Li Haitao pointed out CKGSB’s competitive edges as follows. Firstly, CKGSB has an unrivalled alumni network. Out of 4,000 CKGSB alumni, there are many high-level public authorities and private corporate CEOs. Professor Li said “Out of top 500 companies in China, 100 corporate CEOs are CKGSB alumni”. A world-class faculty is another strong point of CKGSB. He said “CKGSB faculty is the best not only in China but even when including Singapore and Hong Kong. There are 40 full-time professors born and raised in China who obtained Ph.D degrees in the privileged universities in the western countries, which means they have profound western knowledge as well as deeper insight into China.”
