China is now home to one million high-net-worth individuals (HNWIs), twice as many as in 2010, according to a report by Bain & Company and China Merchants Bank. These are people whose total averag… More

Overcapacity in smaller cities is absolute overcapacity because average house ownership is more than 100% in those cities. A stimulus policy will not resolve the issue in the short run. Overheating in… More

In the rapidly changing world of entrepreneurship, where academic research is struggling to keep up, story-telling has been allowed to fill the gaps. More

Movie and movie related businesses are booming in China. Names like Alibaba and Wanda are now familiar players in this lucrative industry. Many other players have also seen the attractiveness of the b… More

Alipay or Tenpay is a pure Chinese mobile payment system while Apple Pay is likely to be a global payment system. More

China's 2015 growth rate sent shivers through global markets, but the country added the equivalent output of Thailand and the Philippines to its economy last year. More

State enterprises were widely believed to be doomed in the 1990s. With the fall of the iron curtain, privatization was sweeping from the Elbe to the Pacific: state-owned enterprises (SOEs) were percei… More

Generally speaking, new ventures – from both developed and emerging economies – globalise by leveraging network relationships (related video). This is because entering international markets typically… More

When a company is taken over by a foreign acquirer this usually triggers a lot of anxiety in the workforce. The new owners will likely want to restructure the firm in some way to get value for their m… More

Innovation typically focuses on the conventional logic of either exploiting new market opportunities (through a demand pull approach) or discovering new previously unknown markets (through a technolog… More