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.
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?
CKGSB Professor of Marketing Juliet Zhu headlined an impressive line-up of speakers from leading global and Chinese companies, who convened in Shanghai to discuss China’s new digital economy, with big data and the government’s Internet+ strategy revolutionizing the industry.
Alibaba is eyeing expansion into new sectors and overseas, but will old tactics serve on new terrain? If Jack Ma has his way, the sun will never set on Alibaba’s empire. The billionaire entrepreneur’s internet giant rules China’s e-commerce roost, with 500 million registered users and RMB 1 trillion in total 2012 sales from Tmall, […]
Two of CKGSB’s top students, Liu Qing and Cheng Wei, will be seeing a lot more of Uber CEO Travis Kalanick in the future after news merged that China’s largest ride-hailing app Didi Chuxing plans to merge with Uber China. When they are not running Didi, Liu and Cheng are both students in CKGSB Business Scholar Program (DBA), which caters to some of China’s most senior entrepreneurs.
Jiepang CEO David Liu on how the social networking service is innovating to offer a better user experience–and how it is more than just a Foursquare clone. Founded back in 2010 by Californian David Liu, mobile social networking service Jiepang initially aimed to fill the perceived need for a service like Foursquare, which is blocked […]
Liu Ling, a managing director at New China Capital Management, the investment manager for Cathay Funds, told a CKGSB Knowledge Series event that China’s stock-market gyrations are the growing pains of a “healthy and solid” economy, highlighted by China’s middle class overtaking America’s to become the biggest in the world.
Two experts—Anthony Liu from CKGSB and Martin K. Dimitrov from Tulane University—explore the impact of the $400 billion natural gas deal on China and Russia relations.
Thirty-year-old Liu Bo opens a food delivery app and scrolls through more than 50 milk tea shops within a five-kilometer radius that deliver to his dorm. A doctoral candidate, Liu is one of tens of thousands of university students in Shanghai who satisfy their cravings through milk tea, and among their favorites is the budget […]
Jen Lin Liu, author of Serve the People: A Stir-Fried Journey Through China and founder of Beijing’s Black Sesame Kitchen, knows more than most people about China’s seemingly endless variety of local and regional dishes, but even she is humbled by the topic: “You could live your whole life in China and not learn all […]
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