Written on
December 9th, 2009
Thunderbird graduate Laurence Lipsher has watched Shenzhen grow from a small fishing village to a sprawling metropolis of 13 million people in less than 25 years. The city’s rapid development has been astounding, but Lipsher says China will need to repeat the feat again and again to keep pace with growth as the country’s rural poor move to big cities looking for new opportunities. “China has to develop a half dozen cities like this over the next 50 years, plus take 100 million more people and put them into the current existing cities,” Lipsher says. He calls this China’s big dilemma. | Podcast: Laurence Lipsher on China’s vision for 21st century (15:50)
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December 7th, 2009
Opportunities abound in China, but not for entrepreneurs who enter the country unprepared. Timothy Lamb, a 2002 Thunderbird graduate, has seen plenty of Western companies fall flat in the emerging market. As director of foreign direct investment services for The JLJ Group in Shanghai, his job is to help clients succeed. But Lamb says this won’t happen unless companies have at least four things in place before they make their move into China.
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December 1st, 2009
Cummins general manager Amit Soman had to adapt quickly when his company transferred him from Wisconsin to Beijing in 2008 and put him in charge of engine emissions business for China, India and other emerging markets. “The key is nimbleness,” Soman told students Nov. 19 at Thunderbird School of Global Management during a presentation organized by Thunderbird’s Emerging Markets Business Association. Soman shared a list of “strategic insights” for expatriates entering these markets. | Video: Fixing China’s Pollution Problem (4:20) | Video: Cummins Growth in China and India (3:20)
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November 24th, 2009
Chinese government investment in education, health care and social security will help turn a nation of savers into a nation of spenders, but Hong Kong accountant Laurence Lipsher said Nov. 6 that the changes won’t happen overnight. “Twenty-five or 50 years from now, you’re going to see a lot of impact and change,” Lipsher told an audience of about 125 alumni at the Thunderbird Global Reunion in Macau. “But 25 or 50 years isn’t even a blip on the radar screen of Chinese civilization, which goes back 5,000 to 7,000 years.” Lipsher, author of The Tax Analects of Li Fei Lao, is a 1965 Thunderbird graduate. | Video: A Nation of Savers Starts Spending (1:57)
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November 23rd, 2009
Chinese efforts to develop Africa have led to a new era of colonialism that sometimes stirs resentment on the continent, two Thunderbird alumni said Nov. 6 during a panel discussion at the Thunderbird Global Reunion in Macau. “Instead of employing Africans, they’re bringing over thousands of Chinese,” said Chris Fussner, a 1982 Thunderbird graduate who lives in Singapore. “Africans are greatly resenting this new Chinese colonialism.” | Video: China’s Role in Africa (3:42)
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October 30th, 2009
Thunderbird Professor Roe Goddard, Ph.D., sat down this month with Thunderbird Knowledge Network reporter Darien Carroll and discussed China’s emergence from the global financial crisis. Goddard teaches a course on the regional business environment of Asia, and he follows China closely. Overall, he has made 49 trips to the country. His most recent visit was Oct. 19-25 with 23 students in Thunderbird’s On-Demand Global MBA program. Watch highlights of the Goddard interview in the following videos, or listen to a podcast of the entire conversation. | Video: Why China Fared Well in Global Financial Crisis (3:28) | Video: No surprises from China (3:32) | Video: Thunderbird On-Demand in China (2:35) | Podcast: Full Goddard conversation (9:58)
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Written on
September 2nd, 2009
By Thunderbird Professor Mary Teagarden
Pay no attention to talk of China and India growing together as a unified Chindia. That won’t happen. What the world will see instead is the emergence of two economic powerhouses that will feed off each other as natural trade partners. To survive and thrive in this new global economy, multinational companies in the West will have to engage with these dragons and tigers of Asia. It’s simply a matter of numbers.
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