In previous years as provincial-level GDP data rolled in, China’s top leaders and provincial officials could take a certain satisfaction from the bountiful increases in wealth displayed therein. But were they to spend a bit more time with the data, such pleasure would likely lead to a state of confusion, if not consternation—the sums, quite literally, don’t add up. The total of provincial-level GDP has outstripped the national figure year after year, a problem that has only gotten worse over time. Consequently there has been a rise in the number of indicators that purport to give a true reflection of the situation.
When you think of sports brands, there’s pretty much a 50% chance that it’s Adidas that comes to mind. This, after all, is the company that has provided the match ball for the FIFA World Cups, whose final is the most watched sporting event in the world, since 1970. But for all that, success in China hasn’t been a given, and at the turn of the decade Adidas found itself languishing in fourth place behind the likes of Nike and Li-Ning.
Sun Baohong, the Dean’s Distinguished Chair Professor of Marketing at CKGSB, and Carnegie Mellon University business and computer science professor R. Ravi outlined at a CKGSB Knowledge Series event a consumer-centric marketing framework that they said would bump up profit growth and return on investment significantly more than a campaign-centered strategy.
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.
Dating back to 1953, China’s system of Five-Year Plans has long been dismissed as anachronistic, but it remains crucial to guidance of the economy. Five-Year Plans occupy a central place in China’s complex system of governance. For just as China’s economy has reformed and adapted in the last 37 years, so too has the planning framework. There are clear signs that planning will remain an indispensable component of Chinese economic and political development for years to come.
A capacity audience attended the first ever CKGSB-HKS co-hosted symposium in Cambridge, MA, to hear how the private sector, government and NGOs can better collaborate to create social value in a globalized world.
This week, China’s central bank finally bit the bullet and cut the required reserve ratio by 50 basis points; and the manufacturing purchasing managers’ index hit a new low
China’s mobile gaming companies are using every trick in the book to lure users in what is now one of the world’s largest and fastest growing gaming markets. Welcome to the new battleground in China’s fast-changing internet economy. “Welcome to this super cute game! Protect the carrots from monsters!” This is the lead of the […]
2014-04-09 – CKGSB successfully held its 5th annual China-Japan CEO Roundtable in Tokyo on April 9th, 2014. This year’s roundtable focused on the keyword “growth”. After witnessing several years of supercharged growth, China has seen its gradual deceleration in 2013. At the same time, Japan has struggled with jumpstarting its stagnant economy in recent years. While both countries have passed a number of reforms aimed at bolstering growth to attractive and sustainable levels, it is clear that for individual businesses, opportunities lie in fast-growing markets and sectors. How should companies position themselves, both strategically and geographically, to most effectively leverage such pockets of opportunity?
As 2014 Lianghui in China’s capital approaches its final days, we have witnessed a myriad of commentary regarding major issues and legislation. Among the thousands of delegates in attendance at the National People's Congress (NPC), Chinese legislature, and the Chinese People's Political Consultative Conference (CPPCC), several leaders hail from CKGSB’s distinguished programs. Below is a selection of viewpoints from our school’s alumni on various major issues discussed throughout the annual meetings.
After years of extraordinary growth, has fast fashion peaked in China? In November, property consultancy CBRE reported that landlords in second-tier city retail properties were courting China’s main fast fashion brands to drive foot traffic, going so far as to waive a flat rent rate in exchange for a percentage of turnover to attract these […]
What are foreign production companies up against in the race to win in China, the world’s second-largest movie market? When Iron Man 3 hit screens in China, audiences were rather unimpressed by the four minutes of extra footage that was added especially for the domestic market. While some deemed the inclusion of an extra scene […]
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, […]
Andrew Rashbass, Global CEO of The Economist Group, spoke at CKGSB’s Beijing headquarters on Monday, May 27 during a discussion on the future of media. Mr. Rashbass rarely speaks in public, so this was a unique, first-hand opportunity to get his thoughts on how traditional publishers can thrive on digital platforms.
After record smog and a leadership change, what’s in store for environmental policy in China and green investment? In China’s major cities, you can use an app to check the level of smog, or you can just step outside to see, smell and taste it. A Bloomberg news headline put the problem in sharp relief: […]
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