US investment bank Goldman Sachs recently revised its forecast of inflation in China from 4.5% to 6.8%. They further predicted that inflation could actually hit double digits in the coming months. This comes on the heels of China’s Central Bank predicting the same, citing increased prices of food, which makes up 1/3 of China’s CPI [...]
During a recent informational interview, I had the opportunity to discuss the impact of this winter in China with a local Chinese business man. We haven’t heard much about it here in the US, but the severe weather in China has had a devastating impact on the middle kingdom. Farmers are reporting massive crop losses, [...]
新年 快乐！恭喜发财！
Here’s an interesting market research PowerPoint prepared by Ogilvy. It’s got some very compelling information about the market in China.
My takeaway from business strategy class was that even the best planned mergers and acquisitions usually fail. Redundancy of resources, overlap of product, and personnel/culture clashes are usually key to the failure of any M&A, and this deal has an abundance of each issue. I think Microsoft’s bid to purchase Yahoo! is not well planned [...]