The following is an excerpt from our book, the One Hour China Consumer Book. It is our best explanation for how the NBA has been so hugely successful in China. “This story begins in 1978-9 with two events. First, Abe Pollin, owner of the then champion Washington Bullets, received an invitation from Deng Xiaoping to […]
This is a really fascinating documentary on the rise of Haier and its eventual purchase of GE Appliances. The documentary is located here. https://www.channelnewsasia.com/news/video-on-demand/inside-the-storm
Greetings from Peking University. I am hiding out in Thailand for a week, one of my standard writing spots. Any suggestions for fun places to visit would be appreciated. It’s been a pretty great summer for digital China. Pinduoduo has launched upwards, catching the world’s attention. Meituan and Xiaomi are going public (so lots of […]
Hey, These are my favorite business books (not in order). I keep them on my iPad and read them year after year. For my favorite China business books, you can sign-up on the right. Competition Demystified – by Bruce Greenwald I give this book to people all the time. Really clear logic. I also like […]
A fun +2 hr interview in Beijing.
Carlsberg beer in China is one of those business stories that everyone should know. Take a look at the below picture. It is of Carlsberg China circa 2002. This was after +15 years of business in the PRC. They had some imports but were still a tiny China operation overall. And they were facing increasingly […]
random stuff . Feel free to use.
hey. I was on CGTN last night. Not my best appearance but it was an interesting topic. Link is here.
我正在补写与沃伦·巴菲特共进午餐的笔记。此处 是所有的商业思考。此处 和 此处 是他关于如何自我完善的观点。 尽管如此，我还希望专门写一篇文章，讲述他关于在美国长期投资是“赢家游戏”的论断。这一论断很有说服力，基本包含以下五点：
So Meituan has gone public. And this is after Chinese O2O food delivery company Baidu Waimai was sold to competitor Ele.me. Basically, the space is now dominated by two companies: Ele.me (Alibaba-owned/backed) and Meituan Waimai (Tencent-owned/backed). I think food delivery symbolizes three big trends happening. Trend 1: Convergence is continuing. China’s internet giants (Alibaba, Tencent […]