Recently, Costco unveiled its first Chinese warehouse store in Shanghai. The US members-only wholesaler believes that retail should be service-driven, and that its own role is to serve the customer. N… More

Recently, the People’s Bank of China (PBoC) released the Fintech Development Plan 2019-2021, including guidelines, basic principles, development targets, key tasks and supportive measures for fintech… More

The on-going US-China trade war is unwinnable for either side because only China has the capacity to satisfy America’s huge appetite and demand for products. Even in an ideal scenario, the rest of the… More

China’s economy is currently transitioning from old to new drivers of growth, with rapid technological and market changes taking place, and an urgent need to upgrade the skill sets of the workforce. A… More

A new regulatory system must be established to prevent a recent boom in internet lending services from destabilising the financial system. Rapid innovation in online lending to meet the short-term cre… More

Organisational scholars have long recognised person–environment (PE) fit (i.e., the degree of compatibility between the characteristics of employees and those of the work environment) as a dynamic pro… More

Today, the renminbi, both onshore and offshore, breached 7 per dollar for the first time since the 2015 exchange rate reform. What exactly does this indicate? As early as the beginning of this year, a… More

Why is it Shanghai, instead of any US city, that is home to the largest number of Starbucks stores? Why is the century-old brand Coca-Cola still vibrant? According to Fang Yue, Professor of Economics… More

Although self-verification (i.e. the confirmation of oneself) is an important universal goal, recent research has demonstrated that individuals differ... More

In the era of new retail, companies are facing the pressing demand for organizational change, which is no easy feat. According to the data from McKinsey, among all manner of organizational change proj… More