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LI Wei

Professor of Economics, Associate Dean for Asia and Oceania, Director of Case Research Department and Director of Big Data Economic Research Department, Cheung Kong Graduate School of Business (CKGSB)

PhD, University of Michigan

Corruption, Financial Markets, Macroeconomics, Managerial Incentives and Market Competition, Real Estate, Reform, Taxation, Telecommunications Privatization, Valuation in Emerging Markets

LI Xilin

Assistant Professor of Marketing, Cheung Kong Graduate School of Business (CKGSB)

PhD, University of Chicago Booth School of Business

Consumer Behavior, Judgment, and Decision-Making

LI Lede (Lode)

Emeritus Professor, Cheung Kong Graduate School of Business (CKGSB)

PhD, Northwestern University

Game Theory, Management of International Manufacturing Networks, Operations Management and Strategy, Service Operations, Stochastic Process and Control, Supply Chain Management

LI Yang

Associate Professor of Marketing and Associate Dean for MBA Program, Cheung Kong Graduate School of Business (CKGSB)

PhD, Columbia Business School

Statistical Machine Learning, Bayesian Nonparametrics, Scalable Optimization, Choice Modeling, Text Mining, Online Personalization and Recommendation

LI Haitao

Dean, Dean's Distinguished Chair Professor of Finance, and Director of Research Department on Family Business and Wealth Management, Cheung Kong Graduate School of Business (CKGSB)

PhD, Yale University

Asset Pricing, Continuous-Time Finance, Credit Risk, Financial Engineering and Derivatives, Financial Management, Hedge Funds, Insurance, Investment, Option Pricing, Term Structure

LI Xuenan (Erica)

Professor of Finance and Director of Research Department on Industrial Policy, Cheung Kong Graduate School of Business (CKGSB)

PhD's, University of Rochester and University of Massachusetts, Amherst

Asset Pricing Theory, Dynamic Corporate Theory, Monetary Policies, Fiscal Policies, Corporate Governance, Behavioral Finance

Other Search Results

Where Are Migrant Workers in China Moving to?

ArticleMarch 27, 2018

Economic changes and government policies are driving millions of China’s migrant workers away from the wealthy coastal regions back to the less developed western regions. The trend is a clear sign that a fundamental change to China’s economy is in progress, as a growth model that lifted more than half a billion people out of poverty starts to slow. From the early 1990s onwards, China’s double-digit GDP growth was fueled largely by the cheap labor provided by people leaving their farms in China’s poorer inland provinces to find work in the factories springing up along the coast. Now this has changed.

How Moutai Became the World’s Most Valuable Liquor Maker

ArticleMarch 8, 2018

It’s a comeback story worthy of a Hollywood blockbuster. Three years ago, China’s once all-powerful liquor maker Kweichow Moutai looked to be on the ropes. President Xi Jinping’s anti-corruption campaign had dealt a vicious blow to the country’s most famous spirit brand—for years a staple on every government banquet table—and the company’s profits and share price had taken a hammering. By January 2014, Moutai’s shares were worth just over RMB 119 ($18.31) per share—a fall of 50% in 14 months. With no end to the crackdown in sight, some questioned whether the legendary distiller would ever recover.

MBA Welcomes New Associate Dean & Program Director

NewsMarch 6, 2018

Chinese New Year, also known as spring festival, is a season of change, and the MBA program is pleased to welcome new associate dean Professor Ou-Yang Hui and program director Alan Chen this year.

Networking 2.0 Series: Online Networking with Chinese Characteristics

ArticleAugust 23, 2017

Online social networks are changing Chinese professional culture.

NetEase, China’s Online Underdog

ArticleAugust 14, 2017

NetEase has come back as a potential challenger to China’s biggest tech firms.

China’s Housing Market: The Iron Bubble

ArticleJuly 31, 2017

China’s property market was virtually non-existent 25 years ago, but it is now one of the most critical pillars in this country and the source of incredible wealth for many of China’s citizens. Last year property prices in China’s tier one cities made another gravity-defying leap last year. By September, new home prices had jumped 27.8% in Beijing, 32.7% in Shanghai and a meteoric 34.1% in Shenzhen year-on-year. The health of this pillar remains a top concern of the government and citizens alike. But is there a looming crisis? In the near term, the answer seems to be no.

The Key Features of Chinese M&A in 2017

ArticleMay 10, 2017

Chinese companies have been on a buying spree around the globe over the past two years. 2016 witnessed a record level of Chinese outbound mergers and acquisitions (M&A) activity, with 932 deals worth over $220 billion taking place, an increase of 246% compared to 2015, according to PwC China. However, the surge in outbound investments has brought concerns from both Chinese authorities and recipient countries; the latter are becoming more cautious regarding the presence of Chinese capital in large-scale deals in key industries. Affected by such concerns and tighter government scrutiny, the number of M&A deals might not be as numerous in 2017 as in 2016, but the trend will not stop.

Will e-Commerce Replace Brick-and-Mortar Stores?

ArticleFebruary 27, 2017

After incredible growth in recent years, e-commerce in China seems to be slowing down. One reason behind this is the high penetration rate. By 2016, 62% people in Tier 3 and 4 cities were shopping online, while the number in Tier 1 and 2 cities stood at 89%. On the other hand, consumers in China have also changed over time, now the middle class are shifting their money from cheap products to premium services and goods where experience and recognition ties take priority. So does it mean online retail will go gloomy and physical stores may return to the spotlight?

Henry Kissinger and CKGSB Dean Xiang Bing Discuss US-China Relations in Trump-Xi Era

NewsDecember 15, 2016

Former US Secretary of State Henry Kissinger features at CKGSB Knowledge Series Event in New York just days after meeting with Chinese President Xi Jinping in Beijing. In the context of the ongoing US presidential transition and Kissinger’s recent visit to China, CKGSB’s event served as a timely and pertinent platform to shed light on this critical moment in the history of US-China relations.

The Heat is On for the Chinese Pharmaceutical Industry

ArticleNovember 14, 2016

China’s large and still growing population, accompanied by rising household wealth and rapid increases in healthcare spending, has transformed China into the world’s second-largest pharmaceutical market. In 2015, overall pharmaceutical sales in mainland China totaled more than $115 billion, placing China behind only the United States ($330 billion). With a population of over 1.3 billion, the sheer size of the market all but guarantees that the Chinese market will continue to grow despite the problems faced by the healthcare system. “Healthcare is the one market where the market size equals the population,” says Kent Kedl.

Big data’s pursuit of the perfectly tailored ad: An Interview with Anindya Ghose

ArticleOctober 18, 2016

Imagine when you walk in a shopping mall, a mobile advertisement pops up on your phone, giving you a coupon on exactly what you planned to buy. Or speaking to your friend about an interesting ad you saw on Facebook then discovering, to your surprise, that your friend is also interested in buying that exact product—that’s the beauty of well-designed marketing, thanks to big data. Professor Ghose at Stern Business School analyzes what consumers do with their smartphones and how businesses can tailor effective offers that occur at the optimal time, while also ensuring that information exchange is a healthy two-way street.

Structural Reform Needed For China’s Economy To Rebound

ArticleJuly 27, 2016

China’s economy is facing many problems that are cyclical and also structural. Some economists believe China reached the Lewis Turning Point six years ago, where the growth benefits of rural-to-urban migration dried up and wage costs started to escalate. The growth of the Chinese economy relied very much on its cheap labor—a competitive advantage that has been exhausted. Simply put, “China has come to the end of the period of easy gains in GDP.” It faces two possible paths ahead: the hard road of structural reform and painful consolidation, and the easy road of fiscal and monetary stimulus leading inevitably to further problems along the way.

Can Xiaomi Get Its Mojo Back?

ArticleJune 20, 2016

Xiaomi, once the most popular smartphone vendor in China, is showing signs of decline. Back in the day, Xiaomi broke the mold by offering a feature-rich phone at an impossibly low price point. Its unique marketing strategy and business model helped it to break online sales records. But soon others started copying Xiaomi’s strategy and the novelty wore off. The company has been slow to innovate. For phone buyers, Xiaomi ended up being a low-end phone: once they had enough money, they would upgrade to an Apple or Samsung. Today Xiaomi is quickly diversifying from phones to rice cookers and drones. But is that enough to come back to relevance?

Rethinking Strategy “Key to Digital Transformation”

NewsMay 16, 2016

Speaking to CKGSB Professor of Marketing Sun Baohong at a Knowledge Series event in New York City, Columbia Business School Professor David Rogers said that traditional businesses seeking a digital-age makeover should first concentrate on changing their strategic thinking, not their technology.

The Second Hand Market in China: Old is the New New

ArticleApril 19, 2016

In China second hand is the latest in thing. Perceptions of greater acceptance for gently used goods is reflected in investors’ enthusiasm for the many start-ups that are now aiming to become the premier national platforms for used goods, ranging from cars to phones, to luxury items and even Han dynasty antiques. Diverse as these markets are, they are all reputation-based businesses where success requires mechanisms to guard against users trying to pass off bad goods as good-as-new. So what is fuelling the growth of second hand markets in China? And how are sellers dealing with the critical issue of creating and maintaining consumer trust?

Chinese Acquisitions in the West: Making a Meal of It

ArticleApril 11, 2016

Chinese firms are betting on the acquisition of prime assets in the US and Europe to drive growth.

Lianghui Part 2: Alumni Voices

NewsMarch 23, 2016

CKGSB is widely known for having the most powerful alumni network in China and many of the school’s EMBA alumni played an active role in the recently concluded ‘Lianghui’ parliamentary sessions. Find out what they had to say about topics including agriculture, e-commerce, Internet monopolies, recycling, financial reforms and entrepreneurship.

Countering Supplier Power: Can an Employee be Too Good?

ArticleMarch 9, 2016

Managers instinctively think about the threat of competitors because they can push down prices and lower profits. But there are other threats to profits that managers should not ignore. One of these is the threat that suppliers can pose. This idea was formalized and called “supplier power” by Harvard economist Michael Porter in 1979. The idea is that even with little competition a firm can still lose profits to a supplier that has significant bargaining power. But the situation gets even more complicated when the people bearing the supplier power are its own star employees. What should a company do about that?

Alibaba’s Massive IP Protection Challenge

ArticleJanuary 27, 2016

Alibaba, China’s largest e-commerce firm, recently smashed global records for its ‘Single’s Day’ promotion on 11th November 2015, selling $14.3 billion worth of merchandise in just 24 hours. This is the equivalent to 120,000 orders placed every minute, covering both online spaces such as Taobao and Tmall as well as 180,000 brick and mortar sites across 330 cities in China. The numbers are staggering, but they also show a problem with the sheer scale of selling—how to ensure the quality and authenticity, of goods. Alibaba is now tightening the screws on fake goods being sold on its platforms, but can it stay one step ahead of counterfeiters?

The Economic Slowdown in China: When China Sneezes…

ArticleDecember 16, 2015

As Asia’s heavyweight, adjusts to the so-called ‘New Normal’, the question arises of how countries across the world will deal with increased exposure to a China that is no longer posting the dizzying growth rates it once was, and which some experts feel is on the verge of a significant economic slump. While some like the UK are only now forging major economic links with China in earnest, others have been hitched to China’s economic growth for years. So when China does sneeze, who catches a cold? We give you the lowdown of who’s at risk and who’s not.

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