Philippe Legrain, economist and author of Aftershock and European Spring, on the global economic recovery and the risks that could further disrupt the world. In 2008, the financial crisis brought the global economy to its knees. Today, six years later, the world has still not fully recovered from the impact of the crisis. At the […]
The first signs of light emerge amidst the dark prospects for private enterprises in China’s ever-tightening credit market It’s been a miserable few months for financing in China’s private sector. A growing number of debt defaults by companies has spurred regulatory crackdowns on the unofficial lending sector, sometimes called ‘shadow banking’, which has sustained (not […]
VIPKID, CKGSB MBA alumna Cindy Mi’s start-up that aims to help children in China to learn English through teachers in North America, has been backed by Bryant Stibel, which was cofounded by Kobe Bryant & Jeff Stibel. This marks Bryant Stibel’s first ever investment in education, as well as the firm’s second investment in China.
The Chinese renminbi reached new highs against the dollar several times in December and is projected to appreciate further in 2014. The worry is that foreign exchange arbitrage is driving up demand for the Chinese currency and this may cause large capital outflows in future. In August 2010, a rusting coin was unearthed in Mambrui, […]
CKGSB and Harvard Kennedy School (HKS) are again collaborating to host the 2nd Annual Global Symposium — A New Business Civilization — in Beijing, following on from last year’s inaugural symposium held at Harvard at which more than 150 top business leaders attended.
Close to 600 senior participants and media attended the CKGSB-HKS 2nd Annual Global Symposium — A New Business Civilization — following on from last year’s inaugural symposium held at Harvard, itself a product of a five-year collaboration between the two schools. Nine academics from universities such as CKGSB, Harvard and Oxford joined more than a dozen speakers from the business community to shed light on sustainable entrepreneurship.
Working with partners across the international business sector, global think tanks, multilateral organizations and academia, China’s leading business school, Cheung Kong Graduate School of Business (CKGSB) publishes a report on “Fostering Social Innovation to Address Humanity’s Challenges.”
The week that was: China GDP growth falls to 7.4%; government may ease controls on housing market; and Tencent to bring popular game Candy Crush to WeChat. China’s growth falls short of the target China’s first quarter GDP growth is not so glamorous—in fact, the 7.4% rate is an 18-month low, according to The Wall […]
Have Chinese consumers lost their appetite for Yum! Brands? The KFC in the food court at Shanghai’s New World Department store has seen better days. The yellow stuffing of a dingy vinyl booth has broken free of its casing, and someone has patched it with tape. A stool is minus its seat, and faded promotional […]
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 […]
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, […]
LIU Jing, Professor of Accounting and Finance, Director of Investment Research Department 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 Department, 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. […]
The world’s largest online shopping festival is now underway, with 2,600 participating brands reporting their first-hour sales in 2021 having already surpassed that of the first day in 2020. Launched in 2009 by Alibaba as an unofficial holiday on Nov 11 (11.11) to celebrate singletons, it has since expanded from one day to around three […]
The 2019 Q4 findings of the Cheung Kong Investor Sentiment Survey (CKISS), released by Dr Liu Jing, Professor of Accounting and Finance and Associate Dean of Cheung Kong Graduate School of Business (CKGSB), show that while Chinese investors expect a low rate of return from stocks and housing investments, they are still willing to invest […]
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