“Docu One”, one of the most popular documentary programs on Korean Broadcasting System (KBS), aired a four-part series on the changes taking place in second and third-tier cities in China. CKGSB was represented through interviews with Professor Teng Bingsheng and business investment columnist Jeong Jooyoung, a CKGSB alumnus.

With China’s stock market continuing to break records, not everyone is convinced by the current trend. CKGSB Associate Professor of Strategic Management Teng Bingsheng offers some sage advice for those interested in the tech sector.

Along with President Xi Jinping’s recent visit to Korea, the hype surrounding Korean companies entering the Chinese market continues to grow. CKGSB Associate Dean and a world-renowned scholar on Strategic Alliance, Professor Teng Bingsheng, said that the Chinese market has experienced significant changes over the years. He pointed out that MNCs will face difficulties in winning the competition with local Chinese companies. Professor Teng said, “MNCs should not be satisfied with their standards. Because China is no longer a cheap consumption market, global companies should apply high standards in China and target customers with high-end products, not low-end ones. They also need to change their strategies to adapt to the new business environment in China. For example, they need to target the fast-rising, middle-class consumers and transform themselves from labor-intensive to technology-intensive companies”.

In a lively discussion at CKGSB’s Beijing Campus, 360buy (Jing Dong) Vice President Shi Tao and CKGSB Associate Dean Teng Bingsheng discussed 360buy’s development and the company’s astounding success.

Date: July 1, 2025 Time: 09:00 to 10:30 UK Time (16:00 to 17:30 Beijing Time) Format: Online via Zoom How are global CEOs rethinking strategy in the age of AI, geopolitical risk and digital fragmentation? As global markets become increasingly fractured, business leaders face a critical challenge: how to build resilience while continuing to grow. …

Continue reading "Digital Resilience: AI and China’s Digitalisation in a Fractured World"

Date: December 13, 2023 Time: 14:00 – 17:00 China Time Location: CKGSB Shanghai Campus Hongqiao Vanke Center T5, 988 Lane Shenchang Road, Minhang District, Shanghai Language: English and Chinese (simultaneous translation provided) * Each attending guest will receive a copy of CKGSB’s latest casebook 《Unleashing Innovation》. Currently, the world is facing unprecedented changes and challenges. …

Continue reading "Unleashing Innovation: Pioneering Digital Strategies and Driving Market Expansion"

While issues surrounding gender equality in the workplace have become more prominent than before, women continue to face a myriad of challenges in the workplace and particularly at the senior leadership level.

A book launch event that will feature several of CKGSB’s seasoned professors and leading companies addressed in English Case Book China In Transition. Join us for an eye-opening discussion on how Chinese companies are transforming and the corresponding shifting role and strategy of multinationals in China.

On May 7th, 2020, publication group Elsevier officially announced its annual “Most Cited Chinese Researchers” list of 2019. Cheung Kong Graduate School of Business (CGKSB) is proud to announce that 4 of its professors have been named on the 2019 list.

On May 15th, 2019, Cheung Kong Graduate School of Business (CKGSB) hosted a session on China’s digital innovation at the 10th Asian Leadership Conference (ALC), an annual international conference held in Seoul, South Korea.

In the midst of an era of great disruptions, in which major changes to the economy, society, politics, technology and the environment are creating both opportunities and difficulties, where are the Chinese and global economies headed? What role will China take in the new global order? And how will the Chinese economy and reforms to try to rejuvenate it affect the global economy? Join the FT’s Associate Editor and Chief Economics Commentator Martin Wolf, IMF’s former Deputy Managing Director Zhu Min and CKGSB’s Professor of Strategic Management Teng Bingsheng to address these, and other, pertinent questions.

Maekyung Economy, one of South Korea's most widely-read business magazines, published a case study article introducing Alibaba’s success story that focuses on Jack Ma’s strategies. Even during the time when Chinese business people were rarely using the Internet, Jack Ma saw the possibility of the business in 1990s. With investment from SoftBank, Alibaba grew up to defeat eBay with Taobao. An interview with Teng Bingsheng, Associate Dean for Asia and Europe and Professor of Strategic Management of CKGSB, was included in the article regarding the case of Alibaba. Associate Dean Teng was also introduced as a renowned expert in the field of Strategic Alliance.

Multinational corporations (MNCs) in China are facing a rapidly changing environment given the growth of local businesses, a slowing economy and the changing political environment. As local companies fasten expansion, what are the new challenges and opportunities MNCs are facing today?

As we enter a new era of globalization and business, more emphasis is being placed on the role of China and its impact on the global business community. Companies in Singapore and beyond are looking for opportunities to enter this dynamic and promising ecosystem, hoping to capitalize on its massive consumer market and innovative prospects.

Another sizeable contingent of students from INCAE Business School in Costa Rica visited Beijing for a week-long program of lectures, company visits and networking activities – and went away very satisfied!

Several global companies are making a series of U-turns from the ‘promised land’ of China, while those that stay are not always faring well. However, the Chinese economic recession doesn’t explain how some global companies have continued to manage successful businesses in China. CKGSB Associate Dean, Professor Teng Bingsheng, who visited Korea on June 19th to introduce the CKGSB-IMD Dual EMBA Program, said: “Until the 1990s, multinational companies (MNCs) were considered by young Chinese people the best companies to work in, which unfortunately is no longer true. It’s also true that many global companies who have been successful over the last 25 years are now struggling in the Chinese market. The ‘Chinese Dream’ is becoming even harder to achieve”. Prof. Teng also pointed out that high competition with local companies could be another threat to MNCs and warned that some companies are still not aware of the changes in perceptions among Chinese consumers. He advised global companies to target emerging (Tier 2-4) cities and rising middle-class consumers. 

One of the most pressing challenges confronted by domestic enterprises and multinational companies in China is talent. Decision-makers are struggling with the speed at which wages are and will continue to rise, as well as with finding skilled labor and managing human capital risks.

As China continues its shift into becoming an economic superpower, the country’s outbound investment is rapidly increasing. What are some of the opportunities and challenges faced by Chinese enterprises during their overseas expansion?