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CKGSB in 2025: Shaping the Future of Business in an Era of Transformation

NewsDecember 26, 2025

CKGSB Concludes 12^th Women in Leadership Forum and Launches Report on Female Entrepreneurs Shaping China’s Digital Economy

NewsDecember 4, 2025

SHE INNOVATES: Women Shaping China’s Digital Future

PublicationDecember 1, 2025

CKGSB Hosts 36 Business Leaders From The Entrepreneurs’ Organization (EO) To Explore New Opportunities And Ignite Fresh Thinking

NewsNovember 10, 2025

Beyond the Box Office: What Ne Zha 2 Reveals About Globalization in China’s Film Industry

Professor AnalysisSeptember 29, 2025

Animation blockbuster Nezha: The Devil Boy Conquers the Dragon King (“Nezha 2”) earned over 15 billion RMB in China during the Lunar New Year of 2025, ranking sixth in global box office history and showcasing cutting-edge Chinese animation technology. By February, it reached overseas markets, premiering in North America with IMAX screenings, followed by releases in Australia and New Zealand. Social media fueled hopes that Nezha could be China’s global cinematic breakthrough. Yet, its performance outside China was markedly less impressive than its New Year beginnings. It lacked the necessary critical focus on distribution strategies and market engagement practices, drifting […]

The Weakening of the US Dollar and the Internationalization of the RMB

Professor AnalysisSeptember 29, 2025

Smoke from the US-initiated tariff war has not yet settled, but the battle for global currency hegemony has quietly moved on. China’s currency, the renminbi, soared in value earlier this year, as the US blew hot and cold over trade. The RMB-dollar exchange rate hit a record high on May 5. Global capital players are increasingly seeking out the RMB as a safe haven for its “low volatility and high returns.” The resilience of the Chinese economy adds support to their case. Has China’s currency demonstrated sufficient weight to challenge the hegemony of the US dollar as the world’s anchor […]

China’s Electric Vehicle Boom: More Than Just Government Subsidies

Professor AnalysisJuly 28, 2025

On July 10, 2025, the China Association of Automobile Manufacturers (CAAM) released the latest data on the country’s automobile production, sales and exports: In the first half of 2025, China produced 15.62 million vehicles and sold 15.65 million—up 12.5% and 11.4% year-on-year, respectively. Among them, new energy vehicle (NEV) production and sales totaled nearly 7 million units, rising over 40% year-on-year and accounting for 44.3% of all new car sales. Exports of all vehicles reached 3.08 million units—NEVs made up over one-third of that figure, with a 75.2% surge compared to the same period last year. Despite economic headwinds, China’s […]

RMB Internationalization: Can the RMB be the next global currency?

Professor AnalysisJuly 28, 2025

This article was originally published in Chinese on Caixin.com The US dollar has become another victim of Donald Trump’s recent economic policy. The tariff war and Trump’s erratic attitude have left global investors at a loss, but even before this, Trump had threatened to restrict the independence of the US Federal Reserve, creating uncertainty in the markets, a falling dollar as investors sold off some dollar assets. The depreciation of the US dollar has, as a result, created concern around the centrality of the dollar to the global economy, and there are both short- and long-term possibilities as to how […]

Eight CKGSB Professors Shed Light at Asia’s Largest Finance Academic Conference; Professor Wang Neng Serves as Program Chair

NewsJuly 14, 2025

CKGSB Hosts the 9^th Economic Symposium: Rebuilding Confidence through Consumption and Private Sector Growth in China

NewsJune 25, 2025

Beijing, June 24, 2025 — Amidst continued global uncertainties and geopolitical shifts, Cheung Kong Graduate School of Business (CKGSB) convened thought leaders, senior executives, economists, and diplomats at its 9^th Economic Symposium.

EV Giant BYD’s Challenges and Its Strategic Decisions

Professor AnalysisMay 7, 2025

New energy vehicles took up close to 40% of the automobile market share in China in 2023. By the first half of April 2024, its penetration rate had rose to more than 50%, a historic high that signalled the popularization of new energy vehicles in the market. BYD, one of the major EV players in China, recognised it could sell its EVs at a higher premium than fuel cars and it has been selling EVs at a much faster rate than traditional vehicles. Riding the EV wave, BYD saw its revenue from cars rise from 22.2 billion in 2010 to […]

How China’s Battery Maker BYD Grew into EV Giant

Professor AnalysisMay 7, 2025

Anhui native Wang Chuanfu fortuitously studied metallurgical physical chemistry with a specialization in batteries, and just as fortuitously had the chance to manage a state-owned battery company post-graduation. When he read in 1994 about Japan’s environmental pledge to stop producing nickel-cadmium batteries, Wang saw an opportunity to fill a hole in the supply market with nickel-cadmium batteries for the thousands of phone producers on the make at the dawn of China’s mobile era. Soon after that, in 1995, he left the state-owned company and founded his own, which he named Build Your Dreams, or BYD for short. Fast forward to […]

CKGSB Dean Li Haitao Speaks at Boao Forum for Asia on China’s Economic Outlook and Chinese Companies Going Global

NewsApril 15, 2025

The Boao Forum for Asia Annual Conference 2025 was held in Boao, China, from March 25 to 28, 2025. Dr. Li Haitao, Dean and Dean’s Distinguished Chair Professor of Finance at Cheung Kong Graduate School of Business (CKGSB), joined the forum.

Trump’s Tariffs: The impact of ‘Liberation Day’ on China and the world

ArticleApril 9, 2025

On April 2, termed ‘Liberation Day’ by the US administration, US President Donald Trump unveiled a sweeping set of tariffs impacting vast swathes of the global economy. China initially received an additional 34% blanket tariff on its exported goods, with threats of further escalations, adding to several other tariffs already in place. China reacted to the initial tariff with a slew of countermeasures, including matching levies of their own on US goods, greater export controls on rare earths and multiple strong condemnations of the actions. “The US move is not in line with international trade rules, seriously undermines China’s legitimate […]

Should Hong Kong drop its linked exchange rate system?

Professor AnalysisMarch 14, 2025

In December 2024, anticipating Trump’s takeover of the US presidency, Lan Kwai Fong Group’s chairman Allan Zeman called on the Hong Kong government to reform its Hong Kong exchange rate system. Being shackled to an inflationary US dollar was going to put extreme pressure on the HK dollar, he argued. Under Hong Kong’s linked exchange rate system, the HKD is pegged within a narrow band of 7.75 Hong Kong dollars and 7.85 Hong Kong dollars to 1 US dollar, with all HKD-based currencies backed by 100% foreign exchange reserves. As the US dollar strengthens, Hong Kong‘s monetary policy must follow […]

CKGSB Professors’ Insights on the Two Sessions: Key Strategies for 2025

NewsMarch 12, 2025

On March 5, 2025, the Third Session of the 14th National People’s Congress officially opened, with Premier Li Qiang delivering the Government Work Report, outlining China’s macroeconomic goals and key policy priorities for 2025.

The Great EV Trade War: How New Tariffs Will Reshape the Global Auto Industry

ArticleFebruary 28, 2025

In a gleaming showroom in Shenzhen, BYD’s latest electric vehicles sit priced at nearly half what they cost just two years ago. Meanwhile, 5,000 miles away in Stuttgart, Mercedes-Benz executives are quietly walking back their ambitious plans for an all-electric future. This tale of two cities captures the dramatic reshaping of the global automotive industry, as Western governments deploy their heaviest trade weapons — tariffs of up to 100% in the U.S. and 35% in Europe — to stem what they see as an existential threat from Chinese electric vehicles. The response from Beijing has been swift and sharp. According […]

CKGSB and the University of Sydney Business School Successfully Hosted the Global Unicorn Program: New Energy and the Disruption of Traditional Industries

NewsFebruary 24, 2025

Cheung Kong Graduate School of Business (CKGSB), in collaboration with the University of Sydney Business School, successfully launched the inaugural Global Unicorn Program Sydney Module – New Energy and the Disruption of Traditional Industries from February 11-14.

The Story behind the Chinese AI App DeepSeek: The Triumph of Curiosity

Professor AnalysisFebruary 19, 2025

January 20, 2025 saw Donald Trump swearing in as the new U.S. president witnessed by a host of tech industry leaders. It also saw DeepSeek, an emerging artificial intelligence (AI) company from China, unveiled its latest AI model, R1. Initially, R1 attracted little attention. However, as time passed, the significance of this model became increasingly clear. R1 performed on par with the latest models from top American AI firms like OpenAI, yet it required significantly less computing power and was, therefore, far more cost-effective. As a result, its usage fees were dramatically lower than those of its U.S. counterparts. This […]

CKGSB and University of Sydney Business School Co-host 2025 RCEP Business Forum Exploring Energy Transition and New Trade Dynamics

NewsFebruary 18, 2025

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