Here’s an interesting article (and graphic) that illustrate an economy’s progression from agricultural to manufacturing and eventually to a services emphasis.
Workforce Allocation Shifts as Per Capita Income Rises is republished with permission of Stratfor.
In this article from Strategy+Business, the author argues that the conventional wisdom about China’s economy is “technically true but a little misleading.”
Moreover, I mentioned to you that Chengdu represents the China of tomorrow. In this brief article the author states, “Thus the real underlying challenge for China is how to upgrade its industrial base, from manufacturing most of the world’s shoes, toys, and other labor-intensive, low-skill products into more capital- or technology-intensive products, such as cars or medical equipment, and services.” That is part of what we might expect to see in Chengdu.
External link to article is here. (Evernote)
This 46 minute video from the BBC paints an interesting (and insightful) view of how China got to where it is today in terms of debt, potential growth and the future. It provides a nice background for the economic news coming out of China today. Make some popcorn and watch it with your family.
This report from the PwC Global Data and Analytics Survey (2014) suggests that China is catching up in the use of data to drive significant decisions including those dealing with resource scarcity, urbanization and risk and regulatory changes, though significant challenges and opportunities remain.
You might think of this as one line of inquiry (of company representatives) when we visit companies in China for the 2016 IBR.
Greetings, I’ve had a couple of questions about the academic deliverables for the IBR. You’ll get a proper syllabus when we get closer to the trip, but here is the information about deliverables, of which there are two.
- A pre-trip report on an assigned topic, written as a team. Typically this will be focused on a specific company that we will be visiting. At times, I will assign a broader issue to address involving some aspect of the global environment as it relates to China. (Due before we leave the U.S. – to be shared with the class as a whole)
- A post-trip reflection paper in which you gather, organize and commit to writing your thoughts, experiences and insights from the trip. This will be done individually, not as team. (Due shortly after your return to U.S.)
Here is a sample of a “pre-trip” report from 2008 for your information. This one is focused on cultural diversity in China. A second example is more typical in focusing on one company, this one in Singapore.