Beijing ranks first among all the cities in the Chinese mainland in terms of market value of all listed companies, according to a report by Securities Times. With a 27.18 trillion yuan ($4.19 trillion) market value for its 659 listed companies, China’s capital city of Beijing has taken a leading role on the list of […]
Archives for May 2021
BlackRock wins approval to run wealth business in China
BlackRock has received approval to begin operating a wealth management business in mainland China, as the world’s biggest international investors push to access the country’s vast pool of savers. The joint venture, 50.1 percent owned by BlackRock and includes China Construction Bank and Singapore’s state fund Temasek, gained approval from the China Banking and Insurance […]
Economic resilience backs the auto industry
China’s strong economic resilience is to lend support for the automobile industry, According to the data released by the China Association of Automobile Manufacturers on Wednesday, carmakers in China churned out more than 2.23 million cars in April, up 6.3 percent on a yearly basis. Meanwhile, the number of cars sold increased 8.6 percent on […]
Succession Planning Critical to Business Continuity
Many companies fail to pay adequate attention to their leadership pipelines and succession planning. Earlier this month, a study published in the Harvard Business Review came to an astonishing conclusion: the market value wiped out by badly managed CEO and C-suite transitions in the S&P 1500 alone is close to $1 trillion a year. It […]
Stanford China Economic Forum 2020
The Stanford China Economic Forum (SCEF) brings together scholars, business leaders from a range of industries, and other change-makers to promote dialogue, an open exchange of ideas, and collaboration. In the first session of SCEF, Marc Tessier-Lavigne, President, Stanford University gave the opening remarks and Jonathan Levin, The Philip H. Knight Professor and Dean of […]
Business leaders denounce protectionism at APEC China CEO Forum
Business leaders and government representatives have gathered in Beijing for the APEC China CEO Forum. Many say they believe China could continue its high-quality growth and that protectionist policies by the US would not succeed. Watch the full video here.. To accelerate success of your leaders and high potentials, Cornerstone offers executive coaching and training […]
China’s foreign trade rises in Jan-April as global recovery picks up
China’s foreign trade expanded 28.5 percent year on year to 11.62 trillion yuan (about 1.8 trillion U.S. dollars) in the January-April period as global recovery pick up and pent-up demand unleashed. This marks an increase of 21.8 percent from the pre-epidemic level in 2019, the General Administration of Customs (GAC) said. Exports jumped 33.8 percent […]
Sustainable investment wave in China to continue, thanks to Beijing’s climate policy support, says Morningstar
A surge of Chinese investment in mutual funds with a sustainability focus driven by money flooding into the electric car sector is likely to be sustained this year, according to funds research and management firm Morningstar. Major policies announced by Beijing last year to drive decarbonisation in industry will benefit product and solution providers, said […]
China: a promising consumer market
China is the World’s most promising consumer market with a population of 1.4 billion and over 400 million middle-income people. With per capita GDP exceeding $10,000 last year, the country has entered an important stage of consumption upgrading Watch the Infographic here… To accelerate success of your leaders and high potentials, Cornerstone offers executive coaching […]