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Book Review: China’s Superbank: Debt, Oil and Influence – How CDB is Rewriting the Rules of Finance

Most of the prevailing wisdom about China declares that its economic success is due to a combination of government policy and foreign direct investment. This book, China’s Superbank:Debt Oil and Influence – How China Development Bank is Rewriting the Rules of Finance, goes quite a bit further in lifting the fog behind China’s success first domestically, and now, internationally.

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GE’s Jeff Immelt Surprised That Chinese Interests Are Different

In a recent statement, GE’s CEO Jeff Immelt expressed surprise and dismay that the Chinese government and business interests are pursuing moves that will seemingly make the Chinese market less friendly and accessible to western companies. Then, he went one step further, accusing the Chinese of the attempted “colonization” of other countries. Shortly after making [...]

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China-India Software Outsourcing Podcast

I was recently interviewed by Christine Lu of the China Business Network re the issue of China-India software outsourcing which I had earlier published a white paper about. If you would like to download the white paper, you can get it here . You can download and listen to the podcast here. This article touches [...]

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Business and Social Context Isn’t Important; It’s Everything

One of the most popular cliches in the west about China is that Chinese are generally good and reasonable people, but when it comes to nationalism, they are unreasonable. On the political level, national sovereignty is not negotiable, and when it comes to business, you need to realize that nationalism is a wildcard, and can [...]

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Risk Is In The Eyes of the Beholder Part I

In the west, there is a whole industry called “risk consultancy”. Basically, this industry is built around informing large- and medium-sized corporations about risk. Originally, this was built around business risk and would answer questions like “How safe is it to invest $500M in an industrial diamond mine in the Congo (formerly Zaire)?” The consulting [...]

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