Some in the West would have you believe that MNCs are being driven out of China. But just how bad is the current situation and what can international firms do to strengthen their position in today’s challenging environment?

In China’s fast-changing business environment, multinational companies are finding it increasingly hard to compete with Chinese companies. Our experts offer strategy tips that will help MNCs navigate China’s business landscape. Multinational companies (MNCs) in China are finding it hard to navigate what is an increasingly rough terrain. The economy is slowing, the cost of doing […]

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. 

When entering a new market, especially a dynamic and constantly changing market, such as China, understanding consumers and identifying specific strategies for the local market is essential for success. Prof. Teng Bingsheng, CKGSB’s Associate Dean of the European Campus and Associate Professor of Strategic Management, sheds light on how MNCs can adapt to the new and increasingly more sophisticated Chinese consumer, based on his experience in engaging with our students and alumni, who represent China’s business leaders across a wide range of industries. Watch this video to learn more about the rapidly evolving Chinese consumer.

May 17, 2013, Beijing—Cheung Kong Graduate School of Business (CKGSB) was pleased to welcome the newest members of its Executive MBA and Finance MBA programs at the school’s Opening Ceremony held in Beijing on May 17.

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?

On Tuesday, April 23, CKGSB was pleased to host Barry SALZBERG, CHEN Weihong, LI Yapeng, and WANG Zhenyao for a discussion on Philanthropic Leadership of Tomorrow, led by CKGSB Professor and Associate Dean TENG Bingsheng.

In the world of online retailers, Liu Qiangdong’s Jingdong Mall is a rare success story–a brick-and-mortar chain that made the transition to the internet. Earlier this year, Associate Professor of Strategic Management Teng Bingsheng looked into what has enabled Jingdong to stand up to giants like Gome and Jack Ma’s Taobao. Here’s what he found. […]

Taiwanese manufacturer Foxconn, the world’s largest electronics contract manufacturer, which supplies to companies including Apple and Dell, has come under intense scrutiny following a series of suicides among its employees. At least 18 Foxconn workers have attempted suicide between January 2010 and November 2011 by throwing themselves from the Foxconn building, 14 of which resulted […]

Growth in the number of unicorns in China has been slowing due to economic headwinds and changing attitudes

CKGSB, China’s leading independent business school, and Earnshaw Books have published, China in Transition: 10 Case Studies of Chinese Companies Breaking the Mold, a book that explores China’s most successful private businesses, how they are embracing change and creating new business models for the future.

How to Navigate China’s Innovation and Business Frontiers? CKGSB Launches Flagship Executive Education Program – Cutting-Edge Insights from China

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.

CKGSB sat down with INCAE Professor Esteban R. Brenes during his week-long visit to Beijing, where CKGSB hosted INCAE Business School’s executive education students for a customized ‘Doing Business with a Changing China’ program. Professor Brenes discussed how this customized program allows globally experienced executives and entrepreneurs to better understand business in China, its differences, […]

CKGSB sat down with INCAE Professor Esteban R. Brenes during his week-long visit to Beijing, where CKGSB hosted INCAE Business School’s executive education students for a customized ‘Doing Business with a Changing China’ program.