CEIBS China Knowledge

CEIBS Professor of Economics and Finance Xu Bin points out that China’s surprising 6.9% growth in 2017 has made it clear that US President Donald Trump’s America First policy won’t hurt China as much as some may fear. An analysis of the data shows that the Chinese economy has delinked from the global one, no longer powered by external forces such as exports and inward FDI. Instead domestic consumption is the main driving force, pushed along by new technology, a growing services industry and urbanization. It also helps that China has a built-in 3S advantage of scale, scope and the newest ‘s’ factor – speed.

Robert Ward, Editorial Director of The Economist Intelligence Unit, highlights key issues that will affect the global economy in 2018. In this March 9 address he touches on everything from global growth, global order, Brexit, US President Donald Trump’s chances of staying in office, as well as China, India and other emerging markets. Aptly titled “As Good as it Gets?”, Ward’s presentation is as deep in substance as it is diverse in the geographies covered. Xu Bin, Professor of Economics and Finance, Wu Jinglian Chair in Economics, and Associate Dean (Research) at CEIBS follows, and complements, Ward’s presentation. Prof. Xu provides highlights from his recent research and original insights on geopolitical and economic analysis. The session culminates in a Q&A session. Held at the Shanghai Campus of the China Europe International Business School (CEIBS), the event was organised by CEIBS Alumni International Chapter (CAIC), their first event since Chinese New Year. The audience, some of whom joined from Africa and Europe via Facebook live, included CEIBS MBA and GEMBA students, members of the CEIBS alumni community, and CEIBS faculty.

CEIBS Associate Professor of International Business & Strategy Shameen Prashantham explains how the coming together of money, technology and people has created one of the world’s most dynamic entrepreneurship ecosystems in China. He offers some practical examples of successful companies that have thrived here, both homegrown startups (like the bikesharing company Mobike) and those founded by international entrepreneurs (Falafel Games and Zotter Chocolate). He also discusses some of the challenges entrepreneurs face, and some universal lessons for entrepreneurs no matter where they may be headquartered.

Prof. Prashantham’s talk was recorded at an Executive Forum at CEIBS Shanghai Campus September 7, 2017 titled “Entrepreneurship in China: CEIBS’ Role” which also featured a discussion with CEIBS alumni entrepreneurs and Financial Times Business Education Correspondent Jonathan Moules.

Read Prof. Prashantham’s Financial Times column on start-up opportunities in China here. He also discusses China’s dynamic entrepreneurship ecosystem in this Tech in Asia article.

To learn more about Mobike and China’s many bike-sharing start-ups and their overseas expansion see here and here. 

In the coming one or two decades CEIBS Vice President and Dean Professor Ding Yuan predicts we’ll see at least US$ 100 billion in outbound investment each year from China. What motivates Chinese companies’ global ambitions? Which deals make sense? What are the challenges in making these cross-border mergers and acquisitions work?

In a talk recorded at the CEIBS Europe Forum in London on July 6, 2017, Professor Ding shares some of the findings from more than 30 case studies done by the CEIBS Centre for the Globalization of Chinese Companies that explore Chinese outbound investments across a wide range of industries and countries. As he explains in his talk, when they began their research, the CEIBS faculty found that the frameworks for globalization followed by Western multinationals do not apply to Chinese companies going global. Their reasons for pursuing foreign acquisitions and joint ventures, and the way they manage them are quite different. He explains the differences and provides some practical examples in this talk.

To learn more about CEIBS 2017 Europe Forums in London, Paris, Munich & Warsaw, see here. 

CEIBS Associate Dean and Professor of Economics Bala Ramasamy discusses the findings of a research study he co-authored that looks at how trade along the six corridors of China’s Belt & Road Initiative may be impacted by improvements in infrastructure and customs and border administration. Professor Ramasamy’s paper is titled “Market Integration in the BRI”.

This year CEIBS is holding a series of forums in London, Paris, Munich and Warsaw that bring together renowned academics, business leaders, and government officials from China and Europe to discuss the benefits of China’s Belt & Road Initiative. Learn more about CEIBS 2017 Europe Forum and China’s Belt & Road Initiative here.

Read Professor Bala’s columns in Caixin Global discussing his research findings here:

Free Trade a Hidden Key to ‘Belt and Road’ Success

3 Reasons Why China’s Belt and Road Will Succeed