Amid criticism that business schools lack relevance when it comes to real-life business management practices, Associate Professor of Strategic Management Teng Bingsheng tells The Edge Singapore how CKGSB is keeping business-school curricula up to date and also highlights why leading faculty are returning to China to join CKGSB.

In 2014, CKGSB and its world-class faculty were mentioned in more than 300 original articles in top-tier international media – a staggering 200% increase over 2013 – and that’s not to mention a whole range of additional coverage through reprinted articles and syndicated material.

Along with President Xi Jinping’s recent visit to Korea, the hype surrounding Korean companies entering the Chinese market continues to grow. CKGSB Associate Dean and a world-renowned scholar on Strategic Alliance, Professor Teng Bingsheng, said that the Chinese market has experienced significant changes over the years. He pointed out that MNCs will face difficulties in winning the competition with local Chinese companies. Professor Teng said, “MNCs should not be satisfied with their standards. Because China is no longer a cheap consumption market, global companies should apply high standards in China and target customers with high-end products, not low-end ones. They also need to change their strategies to adapt to the new business environment in China. For example, they need to target the fast-rising, middle-class consumers and transform themselves from labor-intensive to technology-intensive companies”.

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.

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.

Chinese companies are actively pursuing M&A to enhance their dominance in the overseas industry and predominate the domestic market. Last year, overseas M&A of Chinese companies grew more than 200%. In an interview with Fortune Korea, Teng Bingsheng, CKGSB Associate Dean, forecasted that the large-scale M&A will actively take place over the next 10 years. He explained that this trend will help companies shorten the market entry process to global standards by accumulating R&D capabilities”.

For Korea, China is often referred to as ‘the land of opportunity’ due to its high growth potential and geographical advantage. Many Korean firms have already entered the Chinese market, yet the fate of each aspiring business is fairly differentiated. CKGSB Associate Dean and Professor Teng Bingsheng is one of the most prominent academics and experts in global strategic alliance. In an interview with Hankyung Business, Professor Teng shared his valuable opinions on business characteristics of Chinese companies, Korean companies’ market entry in China and key M&A strategies.

“Copycat strategy has led the Chinese industrial innovation”, said CKGSB Professor Teng Bingsheng at the 5th Asia Leadership Conference on March 4th in Seoul. He explained that “the technologies learned from the overseas products over the last 20-30 years has become a shortcut to our innovation”. Yet, Professor Teng commented that controversy still remains over the breach of intellectual property rights. Professor Teng highlighted that the Chinese government is putting much effort into creating a creative economy such as that of Korea. He also pointed to Samsung as one of the role models for both the Chinese private and public sectors since it reflects GE’s product diversity, Apple’s product innovation, and manages a close relationship with the government.

In a video interview with The Wall Street Journal, Associate Professor of Strategic Management at CKGSB Teng Bingsheng discussed with The WSJ's Deborah Kan how Chinese investors, many of whom don't have direct access to the US market, plan to get a piece of the Alibaba IPO action.

Students new and old came together in the spectacular setting of the Diaoyutai State Guesthouse as the Cheung Kong Graduate School of Business held its Opening & Graduation Ceremony, simultaneously celebrating the graduation of current students and welcoming new ones into the school.

With its huge scale and steps toward global dominance, can anyone rival Alibaba’s might in China’s e-commerce sector?

CKGSB Professor Teng Bingsheng, an expert on the Chinese e-commerce sector, walks us through the issues involved in the Alibaba IPO, such as disclosures, the company’s ownership structure and valuation. In a period that’s been characterized by rapid innovation in China’s high technology sector, Alibaba’s IPO—potentially one of the largest public offerings of all time—has been …

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