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Lending to small US businesses in downturn

Opinion | China Knowledge@Wharton
2009-11-18

IN mid-October, US President Barack Obama moved to raise the amount of credit extended to small businesses. If Congress approves his plan, the measures would enable community banks to borrow at low rates from...

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How drug companies pull MDs' strings

Opinion | China Knowledge@Wharton
2009-10-20

ON September 2, Pfizer agreed to pay US$2.3 billion to settle civil and criminal allegations that it violated federal rules governing drug sales. The pharmaceutical manufacturer was charged with illegally promoting...

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Buildings go up and so do for-rent signs

Opinion | China Knowledge@Wharton
2009-10-13

CHINA'S rapid economic expansion over the past decade turned the country into the place to be for multinational companies. To accommodate the influx of international businesses, developers took out loans, land...

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Lehman collapse one year on: China bankers tackle the big issues

Opinion | China Knowledge@Wharton
2009-9-24

AS this month marks the one-year anniversary of the collapse of American bank Lehman Brothers - the biggest bankruptcy in US history - debate continues to rage about what must be done to avoid repeating the crisis. ...

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Loss of confidence in US dollar could be as dangerous as this crisis

Opinion | China Knowledge@Wharton
2009-9-21

AS the global economy appears headed toward recovery, concerns are growing that the United States' addiction to massive fiscal stimulus as an economic panacea could eventually lead to an even bigger crisis - a loss...

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Winding up for clean energy from the wind

Opinion | China Knowledge@Wharton
2009-9-18

CHINA is throwing its weight behind alternative energies such as wind power to sustain its economic development. On August 20, GE Drivetrain Technologies, a unit of GE Transportation, and Chongqing XinXing Fengneng...

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How Kindle, Espresso are changing the face of publishing today

Opinion | China Knowledge@Wharton
2009-9-8

FOR publishing, 2009 may go down as the year of the machine. Consider Amazon's electronic-book reader, Kindle. Though the first version launched in late 2007, a lighter, faster, cheaper version went on sale this...

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Sacrifice and service: From Civil War to the financial crisis

Opinion | China Knowledge@Wharton
2009-8-25

WHEN Barack Obama delivered his victory speech on a mild Chicago night last November, he reminded his supporters that the election was not the endpoint. "This victory alone is not the change we seek. It is only...

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Dear shareholders: Why Buffett still matters

Opinion | China Knowledge@Wharton
2009-8-21

WARREN Buffett's rock star status is evident from the fact that each year tens of thousands of fans from all over the world travel to Omaha, Nebraska, to listen to him speak at his company Berkshire Hathaway's shareholder...

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China develops growing taste for luxury

Opinion | China Knowledge@Wharton
2009-8-11

EVEN as luxury goods consumption has fallen worldwide, China's appetite for high-end retail has shown a strong upward momentum. Italian men's brand Ermenegildo Zegna continues to see a steady flow of new customers...

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Older workers felled in this downturn

Opinion | China Knowledge@Wharton
2009-7-28

RECESSIONS since the oil crisis in the early 1970s each had their own special causes and victims, but they also had something in common: they were over relatively quickly. The current downturn, however, is deeper...

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Credit card ticket to high life and deep debt

Opinion | China Knowledge@Wharton
2009-7-13

THE harsh economic downturn that has chastened credit-happy consumers, along with increased scrutiny by regulators, will force card issuers to rethink their business models as the economy begins to recover. Since...

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It's all sewn up by China's fabled tailors

Opinion | China Knowledge@Wharton
2009-7-10

OVER the past 30 years, most economists have come to believe that advanced economies are less likely to be driven by strong, lone companies than by complex ecosystems, or clusters, centered in a particular industrial...

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Winning consumers by allowing give-backs

Opinion | China Knowledge@Wharton
2009-7-8

AS American auto makers struggle for survival, South Korea's Hyundai Motor appears to be gaining on the pack with bold marketing and broad-based initiatives to improve quality. The company made a splash earlier...

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When Chinese managers meet American workers

Opinion | China Knowledge@Wharton
2009-7-2

EDITOR'S note: During a keynote address at the Wharton Global Alumni Forum held in Beijing this month, Zhang Ruimin, the 60-year-old CEO and chairman of Haier Group, discussed differences in management between...