Category Archives: Beida

Regulators start to punish auditors – Paul Gillis

China’s auditing regulators have issued temporary bans for the Chinese affiliate of BDO and Ruihua, the Chinese affiliate of both Crowe Horwath and RSM, over the past few months. Harsh measures to get auditing firms in line, even for international standards. Beida auditing professor Paul Gillis¬†has his doubts, he writes¬†at his weblog.

Why has Starbucks no real competitor in China? – Jeffrey Towson

Competition in China is rough and bloody for almost every company that even has the smell of possible success. But Beida business professor Jeffrey Towson did not yet find a reason why this rule does not apply to Starbucks. No competitor gets near the giant and – he wonders at his weblog – there is no real reason for that.

Why is Didi raising so much capital? – Jeffrey Towson

Since last year car-hailing giant Didi Chuxing has been raising over US$15 billion, even after it won the costly competitive struggle with Uber. Beida business professor Jeffrey Towson sees at his weblog four reasons why Didi continues to raise so much capital. Here are two of them.

Does Alibaba’s merchandise deal with Pokemon makes sense? – Shaun Rein/Jeffrey Towson

Alibaba Pictures has expanded its merchandise market with a new deal for the successful Japanese Pokemon. But experts differ on the question such a more makes sense for Alibaba Pictures. A diversion from its core business, says business analyst Shaun Rein. But Beidu business professor Jeffrey Towson lauds the effort for a comprehensive approach of the total value chain, he tells the 6th Tone.

Next: home-grown designers – Jeffrey Towson

China has moved away from its copycat culture in much of manufacturing and R&D, but is still lacking experienced talent when it comes to developing design. That is just a matter of time, tells Peking University business professor Jeffrey Towson to Bloomberg. Branding and quality of design are getting higher on the agenda.

The disrupting power of China’s consumers – Jeffrey Towson

China’s consumers are becoming increasingly a force the rest of the world has to take into account, writes Beida business professor Jeffrey Towson at his weblog. Not only have Chinese more disposable income, they not only go for cheap offers, and regularly disrupt the world.

How to push ahead with private hospitals – Jeffrey Towson

Medical reform in China has been lagging, and private hospitals hardly play a role, because patients to not trust them, and medical staff does not want to leave state-funded career. Beida business professor Jeffrey Towson explains on his weblog what could be a road to reform, with the help of investment bankers.

What to do when you fail in China – Jeffrey Towson

Carlsberg and Ford are two Western companies who were on they way down in China, but managed to renew themselves. Beida Business professor Jeffrey Towson uses on his website their examples to explain what companies can do to change their China operation for the better to draw some important lessons. (With a sidestep to Nanjing Fiat)

Franchising is key for Yum! in China – Jeffrey Towson

Yum! China has been spun-off and needs a solid strategy to grow in China. Franchising is such a key strategy, writes Beida business professor Jeffrey Towson on his weblog. ” This is exactly what 3G Capital has done since acquiring Burger King.”

Getting approval to buy MoneyGram might be tough – Jeffrey Towson

The surprise announcement Alibaba’s Ant Financial is trying to buy MoneyGram International is not a done deal, warns Beida business professor Jeffrey Towson. Chinese companies buying American ones are under scrutiny and in the financial industry it would be a first one, he tells the VOA.