Despite a projected decrease in overall auto sales in the first three months in China, luxury car purchases remain torrid. German carmaker Audi AG announced last Thursday that its sales in China in the first quarter rose by 40 percent year-on-year to more than 90,000 vehicles. “This figure sets a new record. Audi just had [...]
SHANGHAI—If there was ever a need for business schools in China, it’s now. Breakneck economic growth has far outstripped the supply of management talent. Meanwhile, Chinese companies in both the private and state sectors are responding to government incentives to “Go Out” and compete against the best companies in the world—while juggling fierce competition, rapidly [...]
The first in a new weekly series on The Source which looks at the lessons learned by business leaders, academics and commentators. For starters, we’ve spoken to Professor John Quelch of the China Europe International Business School (CEIBS), one of the leading business schools in China. He has a unique insight into business in the [...]