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  • China ended its strict COVID-19 regulations in early December 2022. When the pandemic broke out in 2020, the country was initially severely affected, but managed to contain the virus' spread through strict lockdown and quarantine regulations as part of its dynamic zero-COVID policy.

    2023-01-19
    China’s economy in 2023: The light at the end of the tunnel
  • With a huge number of people now eating alone, traveling alone and watching movies alone, new opportunities are emerging from Generation Z’s single consumers.

    2022-11-03
    Seizing the opportunities presented by China's singles economy
  • The Chinese economy has been hit hard by the resurgence of COVID-19 this year. While pandemic control and prevention has become a regular part of life, the role of the digital economy has become even more prominent. So, what are the prospects for the digital economy? And, will it become a new driver to boost the country’s economy? In short, although the digital economy plays a limited role in driving short-term GDP growth, it does have a promising future in China.

    2022-08-18
    Can the digital economy sustain China’s growth under pressure?
  • While the US Federal Reserve has accelerated its pace of interest rate hikes to curb inflation, Chinese property developers have been hit by rising interest rates just as they plan to extend US dollar-denominated bonds.

    2022-07-11
    Ensuring timely, adequate funding key to boosting real estate sector
  • Corporate Social Responsibility (CSR) and a desire to positively impact society in the course of regular business is becoming an increasingly important facet of brand strength.

    2022-06-16
    Mixed messages on CSR can cripple your company’s attractiveness as an employer
  • The blind-box craze, cosplay, in-game spending... Although sometimes labelled “irrational buyers”, Generation Z is becoming the driving force of new consumer spending in China.

    2022-06-09
    Meet China's Gen Z: Shaping the future of shopping
  • When gauged by market share, WeChat is certainly monopolising the Chinese market for social media.

    2022-06-02
    Is WeChat’s network monopolistic? Examining the growth prospects of WeChat as an innovation ecosystem
  • Entrepreneurial orientation (i.e., the extent to which a business entity embraces product innovation, market entry, and risk-taking) is a crucial yardstick by which investors assess the future prospects of any given company.

    2022-02-23
    When entrepreneurial rhetoric meets strict regulations: Implications for the valuation of health science firms
  • The Beijing Stock Exchange (BSE), which was conceived to be China’s main financing channel for serving innovative small-and-medium-sized enterprises (SMEs), began trading on November 15, 2021.

    2022-01-19
    Can the Beijing Stock Exchange become China's NASDAQ?
  • Green finance refers to financing and investment activities that benefit the environment and further sustainable development. These benefits include the reduction of air, water and soil pollution, reduction of greenhouse gas emissions, more efficient use of resources and mitigation of climate changes.

    Green finance facilitates a shifts towards a greener economy through market-based financial incentives. Financial institutions such as banks, for example, can increase their financing capacities for green industries, and government authorities can incorporate more financial facilities for these industries into their policy-making. Green finance can be realised in the form of various products such as green credit, green bonds, green investment funds, green insurance, green securities funds, as well as carbon trading, carbon assets and carbon derivatives.

    2021-10-14
    What can green finance do in the age of carbon neutrality?
  • With the ascendancy of economic power in the Greater China region, Asia is arguably one of the most important areas in the world. When considered in combination with the rapid advancement of leadership studies in this region, there is a clear impetus to discover a greater number of theoretical models that explain leadership phenomena in Asian settings.

    2021-09-23
    Can culturally contextual leadership sustain Asia’s economic ascendancy?
  • The implementation of new accounting systems is not a simple, linear process, but one that is fundamentally subject to the interests and behaviours of different implementing actors, as well as wider social and economic realities.

    2021-03-29
    Dealing with visibility: Are employees sabotaging your accounting system?
  • The sharing economy (SE) continues to mobilise dispersed and underutilised private assets for collective usage on a scale previously unimaginable. From home sharing (e.g. Airbnb, Couchsurfing) to car sharing (e.g. Uber, Didi), sharing professional expertise (e.g. Upwork, Taskrabbit), parking and storage space sharing (e.g. Justpark, Neighbor) and childcare sharing (e.g. SitterCity), the different activity categories of the SE demonstrate sizeable variation in structure and scalability.

    In all contexts, however, the SE is a complex structure composed of multiple actors (asset owners, asset users and sharing economy platforms) and multiple sets of relationships. As such, the SE represents a unique governance structure, one that can be characterised as a set of coordinative mechanisms that engage participants in a collaborative process, resolve conflicts, and yield certain collective performance.

    2021-03-01
    Contextualising the Sharing Economy
  • The COVID-19 outbreak created a barrier for the external circulation of China’s economy and posed a new challenge for development thinking. In May 2020, Chinese President Xi Jinping proposed for the first time a new ‘dual circulation’ strategy in which domestic and foreign markets would reinforce each other, with the domestic market serving as the mainstay. This strategy can be summed up as: dual circulation centering on the domestic market.

    2021-01-15
    Dual Circulation, Consumption Stimulation or Regional Economic Integration... Which is the Way Forward for China’s Economy in 2021?
  • As livestreaming e-commerce finally steps into the spotlight, the influencer economy is gathering considerable momentum. How can it pave the way for new retail business models to flourish?

    2020-12-15
    KOLs netting 800 million RMB overnight? An in-depth look at China’s influencer economy
  • In a recent study conducted in China, we found that, over the last decade, awareness of environmental issues and rising disposable incomes means that consumers are now willing to pay for clean air.

    2020-12-01
    Helping policymakers draw a line between economic growth and environmental protection
  • Securing investment for a start-up company is like match-making as both financing and investing parties are concerned about the accounting information of the company being financed. Investors regard accounting profits as a significant indicator for picking an ideal target company while the financing parties use them as a means to attract financing. Since such information is heavily imbued with human assessment and judgement, it harbours a cluster of grey zones that pose severe challenges to an accountants’ sense of judgement. However, the judgement of accountants should be exercised as art instead of trickery for attracting investment.

    2020-10-14
    Art or craft: Uncharted grey zones in the domain of financial accounting
  • The golden era of globalisation and liberalisation came to an end with the 2008-2009 global financial crisis. Then, this year, the whole world suffered the COVID-19 pandemic. This outbreak has sped up the transformation of the global economy, and pushed it in a different direction. So, in this new context, what is the outlook for the Chinese economy?

    2020-09-10
    Outlook for the Chinese Economy in the Post-Pandemic Era

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