American experimental psychologist William James once said: “The most powerful weapon against stress is our ability to choose ideas.” ­Stress has three sources: environmental changes, negativity towards change, and mental perception. Environmental factors are the material basis for stress, whether generated outside or inside. Wild beasts encountered in the wilderness, picky leaders in business, strict parents at home or fluctuating prices in finance. These are external stressors. Physical pain and discomfort, regret and heartache, and worry and fear are all internal factors. Positive environmental change tends to make people feel better, while negative environmental change brings on stress. But no […]

Date: January 17, 2025 (Friday) Time: 9:30am – 12:00pm Venue: CKGSB Beijing Campus Language: English Co-organizers: Cheung Kong Graduate School of Business, Canada-China Business Council (CCBC), China-Britain Business Council (CBBC) Event overview As a global economic powerhouse, China’s evolving economic landscape in 2025 will profoundly impact businesses worldwide. Amid global uncertainties—geopolitical shifts, inflationary pressures, supply chain disruptions, and the drive toward innovation and sustainability—China is transitioning toward high-quality growth, emphasizing green initiatives and innovation-driven industries. As China recalibrates its growth strategies amidst these complexities, understanding the economic landscape for 2025 has never been more critical for decision-makers. This event, co-hosted […]

To protest a government plan to admit more students to medical schools, a majority of medical interns and resident doctors have been walking off their jobs in South Korea, where the structural issues derived from the healthcare system are exposed intensively. Behind this it is believed that those doctors might go for their own interests, […]

China is in a unique position where it has both a labor shortage and not enough jobs at the same time

  China’s economic growth in 2022 suffered significant setbacks due to the COVID-19 restrictions and a tumultuous global geopolitical environment. In 2023, with the easing of restrictions, there is a great opportunity to revive the economy. But what will drive China’s economic recovery in 2023? What tactics are needed to revitalize China’s corporate sector? And […]

Liu Jing – Professor of Accounting and Finance, CKGSB   The EU Emissions Trading System (EU ETS) is the world’s largest carbon trading market with a record high turnover of EUR €760 billion in 2021. It contributed 41% of the global revenue from carbon pricing in 2021 and covered approximately 45% of emissions in the bloc. […]

Liu Jing – Professor of Accounting and Finance, CKGSB   Since the beginning of this year until September 30, the market value of the new forces in China’s electric vehicle sector – NIO, Li Auto, and XPeng – has fallen by 51%, 27%, and 76% respectively. Combined with the drop in their value in 2021, the […]

Professor Liu Jing – Professor of Accounting and Finance, Director of Investment Research Center, CKGSB   Since the beginning of 2022, the real estate giant Evergrande has repeatedly reported failed overdue coupon payments. The crisis started in September 2021 when the company first announced it was facing unprecedented difficulties, which in response to the Chinese […]

LIU Jing, Professor of Accounting and Finance, Director of Investment Research Center ZU Yiming, Research Fellow at CKGSB To understand how education will develop in the future, we have to analyze government policy and structure by examining the impact of industrial policy and economic development on education. Learning from Germany’s Dual Education System   Industrial […]

Professor Liu Jing – Professor of Accounting and Finance, Director of Investment Research Center, CKGSB   What are the structural problems embedded in China’s property sector? Firstly, it is important to look at the supply and demand of land. Approximately 54% of the cost of a new homes come from the land and associated fees. […]

By Professor Liu Jing – Professor of Accounting and Finance, Director of Investment Research Center, CKGSB   The underlying cause for the housing bubble does not lie in real estate speculation but on the structure of the sector, stemming from the local and central government’s tax-sharing system, as well as the core role that local […]