In the News
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"Mixed Bag"
The January 21st, 2012 issue of The Economist quoted Dr. Edward Tse, Chairman of Greater China, for his views on state capitalism. Dr. Tse argued tha the system was much more flexible than it looked at first sight.
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"Resilience"
The August, 2011 issue of Tsinghua Business Review published a bylined article by Dr. Edward Tse, Chairman of Greater China. Dr. Tse argued that entrepreneurial roots would play a more significant and effective role in building "resilient" companies in a rapidly changing business environment.
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"Apple's Organizational Innovation"
The August, 2011 issue of Managerialist published an article by Dr. Edward Tse, Chairman of Greater China. Dr. Tse shared his insights on the success of Apple Inc. and Steve Jobs.
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"The Role of Media in Building Business Ethics"
The August, 2011 issue of China New Times published a bylined article by Dr. Edward Tse, Chairman of Greater China. He argued that media played an indispensible role in China where business ethics was not mature yet.
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"Lessons Learned from Saab's Production Stoppage"
The August, 2011 issue of Auto Suppliers published an interview with Huchu Xu, Director. Mr. Xu suggested that small private suppliers could enter lower-end procurement system to gain experience. After obtaining enough techniques and experience, however, they must try to build a more competitive supply chain so as to avoid the risks of obsolete OEM products, said Mr. Xu.
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"Role Determines Tenure: 2010 Global CEO Succession Report"
The August, 2011 issue of CEIBS Business Review published the article "2010 Global CEO Succession Report" by Booz & Company.
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"A Hard Choice: New Trend of Global CEO Succession"
The August, 2011 issue of Directors and Boards published "2010 Global CEO Succession Report" by Booz & Company as their cover story.
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"How Innovation Leaders Succeed"
The August, 2011 issue of Managerialist published a perspective article by Booz & Company, revealing how innovation leaders succeed.
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"Top Consulting Firm Advises Shanghai-based SOEs on Overseas M&As"
The July 28, 2011 issue of Oriental Morning Post published an article based on a Booz & Company speech on a Shanghai SASAC seminar and an interview with Dr. Edward Tse, Chairman of Greater China. The article pointed out the main issues faced by Chinese companies in overseas M&As.
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"Pharmaceutical Industry Faced with Challenges"
The July 16, 2011 issue of Hong Kong Economic Journal published a bylined article by Sarah Butler, Director. The article analyzed the current situation and development trends of global pharmaceutical industry.
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"Recovering Output for Japanese Automakers"
The July 11, 2011 issue of China Daily quoted Bill Russo, Senior Advisor, for his views on Japanese automakers.
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"China's 2010 CEO Turnover Rate of 5.2%"
The July 7, 2011 issue of Shanghai Morning Post published the interview with Andrew Cainey, Managing Director of Greater China. Mr. Cainey shared his insights on and the findings of China CEO succession.
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"Outbound Conference"
On July 7, 2011, Dr. Edward Tse, Chairman of Greater China, delivered a keynote speech on the forum — "Examining Overseas Investments Made by Chinese Companies", which was hosted by European Union Chamber of Commerce in China.
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"CEO Turnover Rate in China Is Far Less Than Global Average Level"
The July 5, 2011 issue of China Business News published an exclusive interview with Andrew Cainey, Managing Director of Greater China. Mr. Cainey shared his insights on why CEO turnover rate in China is far less than global average level.
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"Global Strategy in Post-Crisis Era"
The July 5, 2011 issue of CEO & CIO published an exclusive interview with Dr. Shumeet Banerji, CEO. He shared his insights on how to understand and leverage major factors driving change as well as how to accordingly adjust companies' global strategies in such a complicated global business environment.
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"CEO Succession Report"
The July 5, 2011 issue of CEO & CIO published the article "CEO Succession Report" by Andrew Cainey, Managing Director of Greater China.
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"China's CEO Turnover Rate Is the World's Lowest in 2010"
The July 5, 2011 issue of New Express Daily published the results of CEO succession study by Booz & Company.
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"Power Decides the Relationships between OEMs and Parts Suppliers"
The July 5, 2011 issue of Shanghai Auto News interviewed Huchu Xu, Director. He said that domestic suppliers should protect their own interests by improving capabilities, negotiation skills and awareness of supplier risks.
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"Report: CEO Turnover Rate Low"
The July 1, 2011 issue of China Daily published the results of CEO succession study by Booz & Company, as well as an interview with Andrew Cainey, Managing Director of Greater China, and Arnold Sun, Principal.
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"World's Lowest CEO Turnover Rate in China"
The July 1, 2011 issue of Guangzhou Daily published the results of 2010 CEO succession study by Booz & Company, and quoted Andrew Cainey, Managing Director of Greater China, "large public companies are becoming diversified as they enter into emerging economies, rather than staying in developed countries such as U.S., Canada, Western Europe, and Japan".
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"Booz & Company Survey: World's Lowest CEO Turnover Rate in China, at 5.2%"
The July 1, 2011 issue of Caijing published the results of 2010 CEO succession study by Booz & Company. "Political infighting seems a part of human nature", said Andrew Cainey, Managing Director of Greater China, "what should be looked out is that, in the case of suboptimal governance, the abuse of authority by some stakeholders".
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"Booz & Company: Shorter CEO Tenure, Popular Apprentice Model"
The July 1, 2011 issue of China Business Journal published the press release of 2010 CEO succession study by Booz & Company.
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"Mobile-Oriented Transformation of Traditional Retail"
The July, 2011 issue of China Marketing published the article "Mobile-Oriented Transformation of Traditional Retail" by Dr. Edward Tse, Chairman of Greater China.
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"The M-Commerce Challenge to Retail"
The July, 2011 issue of 21st Century Business Review published "The M-Commerce Challenge to Retail", an article from Strategy + Business summer edition. The article pointed out that retailers need to provide comprehensive shopping experience to create a new E-retail ecosystem.
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"Booz & Company Survey: World's Lowest CEO Turnover Rate in China, at 5.2%"
The July, 2011 issue of Chief Executive published the results of 2010 CEO succession study by Booz & Company.
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"The Road to Open Innovation"
The July, 2011 issue of Directors and Boards published the article "The Road to Open Innovation" by Booz & Company.
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"Are You a 'Coherent Innovator'?"
The July, 2011 issue of New Finance Economics published the bylined article "Are You a 'Coherent Innovator'?" by Booz & Company.
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"'Green Economy' Era for MNCs in China"
The June 20, 2011 issue of CEO & CIO published an article of Huchu Xu, Director. Mr. Xu advised on how MNCs could develop new energy business in China.
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"Dr. Tse Attended Horasis Briefing Session"
On June 16, 2011, Dr. Edward Tse, Chairman of Greater China, attended Horasis briefing session.
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"Unified Global Regulation Is Needed for Large International Banks"
The June 15, 2011 issue of International Finance News published an exclusive interview with Dr. Shumeet Banerji, CEO. He said that regulators must keep ideal balance of regulation on financial institutions, "a unified global regulation is needed, particularly for those large international banks".
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"Dr. Shumeet Banerji: How to Address Inflation"
The June 14, 2011 issue of China Business News interviewed Dr. Shumeet Banerji, CEO, for his perspectives on how to address inflation. It also quoted Huchu Xu, Director, for his perspective that the global inflation was a structured trend which would last for years.
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"China Leads Way in E-commerce As Nation's Spending Power Rises"
The June 14, 2011 issue of Shanghai Daily quoted Andrew Cainey, Managing Director of Greater China, and Joni Bessler, Director, for their perspectives that Chinese companies pay more attention to ecommerce than MNCs do.
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"Digital Revolution Drives China's Retail, Survey Finds"
The June 13, 2011 issue of China Daily quoted the survey results of "China Consumer Market Strategies 2011" by Booz & Company and AMCHAM Shanghai, as well as the interview with Andrew Cainey, Managing Director of Greater China.
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"Chinese Companies Pay More Attention to Ecommerce than MNCs Do, Survey Finds"
The June 13, 2011 issue of Xinhua Net published the survey result of "China Consumer Market Strategies 2011" by Booz & Company and AMCHAM Shanghai, showing that Chinese companies pay more attention to ecommerce than MNCs do. It also quoted Adam Xu, Principal, for his perspective.
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"Different China Strategy for Local, MNC Firms"
The June 13, 2011 issue of Asia Media Journal published the news release of "China Consumer Market Strategies 2011" by Booz & Company and AMCHAM Shanghai.
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"Best-Cost Country Sourcing Is the Key to Success of OEMs"
The June 12, 2011 issue of Shanghai Auto News published the interview with Huchu Xu, Director. Mr. Xu believed that best-cost country sourcing is the key to success of OEMs.
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"A Century's Hengan: Growing with You for a Better Life"
The June 1, 2011 issue of Sonhoo mentioned in an article that Booz & Company was engaged to help Hengan conduct its second management reform, aiming at building Hengan as an everlasting company with a century's history and enabling the leap from superiority to excellence.
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"Grasp the Golden Decade of Automotive Industry"
The June, 2011 issue of Harvard Business Review China recommended "China's Automotive Industry's Golden Decade", a book of Booz & Company, and also published the book review by Dr. Edward Tse, Chairman of Greater China.
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"The Rise of 'Local Champions'"
The June, 2011 issue of China Marketing published the article "The Rise of 'Local Champions'" by Dr. Edward Tse, Chairman of Greater China. Dr. Tse said that the emerging Chinese companies had been becoming tough competitors to MNCs as many of them grew up rapidly as "local champions" by their prompt response, ability to learn, and risk resilience.
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"China, MNCs' Second Home Market"
The June, 2011 issue of Chief Executive China interviewed Dr. Edward Tse, Chairman of Greater China, and published his recommendations for MNCs on how to develop in China.
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"Seizing the Sourcing Opportunity"
The June, 2011 issue of Managerialist published the article "Seizing the Sourcing Opportunity" by Dr. Edward Tse, Chairman of Greater China. The article said that best-cost country sourcing was often characterized by a general skepticism reinforced by unsuccessful "trial and error" efforts, however, its importance and necessity was unquestioned now.
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"Must Focus on the Sustainability of Economy"
The May 29, 2011 issue of finance.sina.com.cn published the speech of Bill Russo, Senior Advisor, at the Dalian China Economic Forum. He suggested that China should transform the low value-added processing industries toward innovative industries.
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"China Facing the Era of 'Green Economy'"
The May 28, 2011 issue of HK Economic Journal published the perspective article of Huchu Xu, Director. He said that the prerequisite for MNCs to grow up with the "green economy" market in China was their understanding of this market as well as consequently necessary preparation.
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"From Terminal to Cloud Computing"
The May 20, 2011 issue of CEO & CIO quoted the result of a survey conducted by Booz & Company, that over half of respondent CIO believed, in next three to five years, most of employees would work via their intelligent terminals, rather than company's resources.
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"What Are Factors Affecting Sales in China"
The May, 2011 issue of China New Times published the article "What Are Factors Affecting Sales in China" by Joni Bessler, Director. This article showed a direction for foreign retailers in China to improve their sales performance.
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"MNCs in China Entering an Era of 'Green Energy'"
The May, 2011 issue of China New Times published the article "MNCs in China Entering an Era of 'Green Energy'" by Huchu Xu, Director. This article pointed out that MNCs must understand and prepare for the new dynamics of energy sector in China to leverage the opportunities offered by the "green energy" market to grow up.
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"Booz & Company, Top Ranking Strategy Consulting Firm in China"
For two consecutive years (2010-11), Manager Magazine ranks Booz & Company as the top strategy consulting firm in China. For 2011, Booz & Company is also the top ranking consulting firm in "Public Sector Consulting" category. Dr. Edward Tse, Chairman of Greater China, is awarded as one of "Top 20 Most Admirable Knowledge Stars in China" of 2011.
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"Dr. Edward Tse: A New Mindset for Traditional Sourcing Model"
The May 12, 2011 issue of China Marketing published byline article "A New Mindset for Traditional Sourcing Model" by Dr. Edward Tse, Chairman of Greater China.
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"When Could the Glass Ceiling Be Revoked?"
The May 4, 2011 issue of Chief Executive China quoted the results of a study conducted jointly by Booz & Company and Center for Work-Life Policy, indicating that the solution to China's search for skilled talent is closer at hand than it may appear: highly qualified Chinese women.
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"Intelligence Is Needed for Private-owned Giants with Assets Exceeding Hundreds of Billion RMB"
The May 3, 2011 issue of China Business News quoted Mr. Huchu Xu, Director, for his perspectives on sustainable development of large private-owned enterprises. Mr. Xu pointed out that, from a strategic perspective, those players not only need to address the challenges from business diversification and globalization, as well as the talent crisis, but also should establish a set of scientific and good governance structure and decision-making system.
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"Innovation: All Roads Lead to Rome"
The April 12, 2011 issue of Business Watch quoted the result and perspectives of "Global Innovation 1,000", a research report released by Booz & Company.
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"Challenging of Wall Street: Shanghai's Movement toward an International Financial Center"
The April 10, 2011 issue of Knowledge@Wharton quoted perspectives of Mr. Andrew Cainey, Managing Director of Greater China, as "China economy will play an increasingly important role in the world", and "this macro trend will significantly facilitate Shanghai 's movement toward the international financial center".
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"Educated Females Addressing the Talent Crisis Faced by MNCs in China"
The March 29, 2011 issue of China Business News quoted point of view of Dr. Edward Tse, Chairman of Greater China. Dr. Tse believed that most MNCs did not put the works to develop female employees and understand their unique demands on top of the agenda. "For those MNCs who want to success in Chinese market, female talent is one of their key success factors, but most of them have overlooked this talent pool."
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"An International Platform to Improve the Decision-making"
The February 1, 2011 issue of Wenhui Daily reported that Shanghai Exchange Centre for Economic Insights was formed by Booz & Company and some leading think-tanks together with Shanghai Municipal Government Development Research Center.
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"Ten Overseas Perspectives on China in 2010"
The January 28, 2011 issue of People 's Tribune magazine recommended "The China Strategy", a book by Dr. Edward Tse, Chairman of Greater China, as one of the ten overseas perspectives on China in 2010.
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"Exploring the Growth Limit of China's Automotive Market after a Decade of Rapid Development"
The January 20, 2011 issue of Auto Business Review interviewed Mr. Huchu Xu, Director. He said that a structured overcapacity had emerged in 2010, despite the overall balanced supply-demand dynamics as a result of offset by capacity shortage among some players. Going forward, both overall and structured overcapacity would happen at the same time.
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"The First "Brain's Forum Shanghai": Replacing CBD with EOD"
The January 13, 2011 issue of Xinmin Evening News quoted perspectives from the keynote speech of Mr. Huchu Xu, Director, in their report regarding the "Brain's Forum Shanghai". Mr. Xu pointed out that major modern metropolises all over the world had experienced the transformation from "manufacturing base" to "headquarter base", and such a trend of ecological headquarter office in suburb area also emerged in Beijing. Given the context, Shanghai also should embrace the new philosophy of headquarters economy to build up a "city of intelligent innovation".
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"How Foreign Scholars View China in 2010: All Signals of Economic Bubble Are Emerging"
The January 10, 2011 issue of Beijing Daily quoted perspectives from the book "China Strategy" by Dr. Edward Tse, Chairman of Greater China that successful multinationals must see China as a fully integrated part of their global operations, not just a source of cheap labor or a mouth-watering market.
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"Innovation, an Ultimate Goal of Imitation"
The January, 2011 issue of Chief Executive China quoted perspectives from "The Rise of Shan Zhai Players" by Dr. Edward Tse, Chairman of Greater China, and indicated that the article had pointed out a new way for Shan Zhai player to innovate.
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"Booz & Company: Foreign Companies Eye on Rural Development in China"
The December 22, 2010 issue of Global Entrepreneur published an exclusive interview with Mr. Andrew Cainey, Managing Director of Greater China. According the Booz & Company 's forecast, lower-tier markets, including towns and rural areas, would have the greatest potential for growth.
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"A Thirty-year View on China and China's Financial sector, Building Up 'World-class Financial Institutions'"
The December 10, 2010 issue of Securities Daily strongly recommended "China's Finance Sector New Opportunities", a new book of Mr. Andrew Cainey, Managing Director of Greater China.
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"Choice of Dachang County: Industry Going First"
The December 10, 2010 issue of Economic Observer interviewed Mr. Huchu Xu, Director. He believed that development of alternative energy is not only a choice of Dachang County or a national strategy, but a global strategy.
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"R&D Spending Declined Among MNCs"
The November 22, 2010 issue of China Securities Journal published the latest survey by Booz & Company on 1,000 public companies around the world that spent the most on R&D. According to the report, in 2009, it was the first time in more than a decade that total corporate R&D spending among the Global Innovation 1000 declined, with nearly all the cuts coming from automotive, computing, and electronics.
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"Rebirth of Old Brands through the Internet"
The November 11, 2010 issue of Southern Metropolis Weekly quoted Mr. Huchu Xu, Director, for his recommendations on old brands. Mr. Xu suggested that, as the first step to launch online marketing, those older players must identify their target customers and segment them from multiple dimensions, such as income, education background, and geography, to conduct differentiated marketing activities in line with the specific characters of various customer groups.
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"MNCs' Exclamation after 30 Years of Localization: Never Stop Understanding China"
The October 25, 2010 issue of China Entrepreneur published an interview with Dr. Edward Tse, Chairman of Greater China. During the interview, Dr. Tse pointed out that "competitive landscape in China is far more complex than that in many other markets,…after experiencing intensive competition, those Chinese survivors are more robust in terms of marketing, R&D, and cash flow".
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"Breakthrough of Private Banking"
The October 15, 2010 issue of Hubei Business Magazine quoted Mr. Andrew Cainey, Managing Director of Greater China, for his perspectives on private banking business in China. Mr. Cainey believed that both foreign banks and Chinese banks should build up their customer base before the potential deregulation on the private banking business.
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"Missing Strategic Coherence: Root Cause of Danone's Experience in China"
The October 9, 2010 issue of Directors and Boards published an article by Mr. Adam Xu, Principal. Mr. Xu pointed out that "strategic coherence", a harmony among Capabilities System, Way to Play, and Product and Service Fit, could bring sustainable financial return to the company.
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"China Retains Its Competitive Advantage in the Eyes of Global Manufacturers"
The September 27, 2010 issue of IT Times quoted the survey result of "China Manufacturing Competitiveness 2009-2010" by Booz & Company and AMCHAM Shanghai. The survey of 202 foreign manufacturers in China shows that nearly 83% of the companies surveyed said that their primary motive for locating manufacturing operations in China was to access the Chinese marketplace, up from 71% two years ago.
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"Disconnection between Emerging Markets and the Western Society?"
The September 25, 2010 issue of Financial Times published an article of Jamil Anderlini, which quoted Dr. Edward Tse, Chairman of Greater China, for his perspectives on whether Asia has decoupled from the Organization for Economic Cooperation and Development economies. Dr. Tse said: "Not yet – and perhaps not ever, because economies are interdependent."
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"Experts Discuss China-focused Global Strategy on an Economic Forum at the USA Pavilion"
The September 22, 2010 issue of People’s Daily Online reported that Dr. Edward Tse, Chairman of Greater China, attended "Jointly Building the Future under Changing Context", a forum held at USA Pavilion during the Shanghai Expo. It also quoted his perspectives from his book, "The China Strategy", saying that a China strategy is a set of global strategies with China as their core. Dr. Tse said that, given the trend of "reverse innovation" in China, more and more innovation ideas would spread all over the world from China, rather than flowing inbound as what we saw under traditional model in the past.
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"Beyond Innovation: Company's Imitation Strategy"
The September 21, 2010 issue of Global Entrepreneur quoted perspectives from "The Rise of Shan Zhai Players" by Dr. Edward Tse, Chairman of Greater China, saying that "smart imitation" is a way for Shan Zhai players to innovate.
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"Bill Russo Attended the First Global Automotive Forum"
On September 16, 2010, Bill Russo, Senior Advisor, attended the first Global Automotive Forum in Chengdu, and was the moderator for the panel discussion "Battle of the Brands".
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"More Focus, More Growth"
The September 15, 2010 issue of Directors and Boards published the article "More Focus, More Growth" by Dr. Edward Tse, Chairman of Greater China. The article pointed out that, as the best strategy for sustainable growth, "driving growth by focusing more" could be realized through finding points to success, identifying focus, and searching connection.
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"China's Automotive Industry, A Time of 'Market for Technology'"
The September 14, 2010 issue of Global Entrepreneur interviewed Bill Peng, Principal, on the secret to success of General Motors. Mr. Maoyuan Hu, Chairman of Shanghai Automotive Industry Corporation (Group), was also quoted.
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"Dr. Tse Attended the First World Emerging Industries Summit"
On September 1, 2010, Dr. Edward Tse, Chairman of Greater China, attended the first World Emerging Industries Summit in Changchun. The summit, jointly sponsored by Jilin Provincial Government and Asia Pacific CEO Association—a renowned international economic organizations, is a top-level conference on international cooperation of the world's emerging industries.
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"Dr. Tse Attended the Summer Summit of China Entrepreneurs Forum 2010"
On August 29, 2010, Dr. Edward Tse, Chairman of Greater China, attended the Summer Summit of China Entrepreneurs Forum 2010 and was the moderator for the panel discussion to discuss extensively on the topic of "How to Effectively Realize Industry Upgrading" with Mr. Cunhui Nan, Chairman of CHINT, and Mr. Zhentao Wang, Chairman of Aokang.
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"Toyota, No.1 OEM Needs to Redefine its Strategy to Bounce Back”
The August 5, 2010 issue of Global Entrepreneur quoted Bill Peng, Principal, for his perspective on Toyota’s bouncing back. He believed that, with superior system advantages in terms of quality, manufacturing, sales, and logistics, Toyota surely would regain its position as a leading player, even though not the No.1 OEM.
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"David Pilling: The Chinese Way"
The July 12, 2010 issue of Financial Times published a book review of David Pilling, which introduced "The China Strategy" by Dr. Edward Tse, Chairman of Greater China, and commented that Dr. Tse "clearly knows China well and has a hundred interesting facts and opinions at his fingertips". Dr. Tse pointed out that successful multinationals must see China as a fully integrated part of their global operations, not just a source of cheap labor or a mouth-watering market.
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"China Strategy"
The June, 2010, BusinessTraveller highly recommended "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"Global Regulations Attract Attention, Officials Comment on Financial Reform"
The June 28, 2010 issue of Shanghai Securities Journal published the article "Global Regulations Attract Attention, Officials Comment on Financial Reform", which quoted perspectives on banking industry reform by Dr. Shumeet Banerji, CEO of Booz & Company, in his speech "A Global Plan for Payment Regulation" at Lujiazui Forum.
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"Global Regulations Attract Attention, Officials Comment on Financial Reform"
The June 28, 2010 issue of Caijing.com published the article "Global Regulations Attract Attention, Officials Comment on Financial Reform", which quoted perspectives on banking industry reform by Dr. Shumeet Banerji, CEO of Booz & Company, in his speech "A Global Plan for Payment Regulation" at Lujiazui Forum.
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"Global Regulations Attract Attention, Officials Comment on Financial Reform"
The June 28, 2010 issue of Xinhua News Agency published the article "Global Regulations Attract Attention, Officials Comment on Financial Reform", which quoted perspectives on banking industry reform by Dr. Shumeet Banerji, CEO of Booz & Company, in his speech "A Global Plan for Payment Regulation" at Lujiazui Forum.
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"Dr. Shumeet Banerji Participated in 2010 Lujiazui Forum"
June 26, 2010, Dr. Shumeet Banerji, CEO of Booz & Company participated in the 2010 Lujiazui Forum and addressed on "A Global Plan for Payment Regulation".
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"Four Factors of the China Challenge"
The June 17, 2010 issue of ebusinessreview.cn published the article "Four Factors of the China Challenge" by Dr. Edward Tse, Chairman of Greater China. Edward pointed out that implementing a "global view" in China will bring obvious benefits.
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"Work With the Winners"
The June 17, 2010 issue of BusinessReview.com published the article "Work with the Winners" by Joni Bessler, Partner, and Stephen Li, Principal. The article analyzes the sourcing strategy that enterprises should take on during an economic crisis.
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"Global Markets: Reform Accelerates, Opportunities increase"
The June 17, 2010 issue of BusinessReview.com published an article by Andrew Cainey, Managing Director of Greater China, Suvojoy Sengupta, Partner in Mumbai, Steven Veldhoen, Partner in Tokyo, and Tim Jackson, Partner in Sydney.
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"Global CEO New Rules: Find a Trade-off between Boldness and Reality"
The June 17, 2010 issue of Auto Business Review quoted perspectives from "The Tenth Annual Global CEO Succession Study" by Booz & Company in the article "Global CEO New Rules: Find a Trade-off between Boldness and Reality".
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"China Farewells Low-cost Factories"
The June 13, 2010 issue of Fortune Times quoted "China Manufacturing Competitiveness 2009-2010" by Booz & Company and AMCHAM Shanghai in the article "China Farewells Low-cost Factories".
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"Is China Still Competitive?"
The June 13, 2010 issue of China Entrepreneur quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM Shanghai in the article "Is China Still Competitive".
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"Dr. Edward Tse and Andrew Cainey Addressed the Women Corporate Directors Meeting"
June 10, 2010, Andrew Cainey, Managing Director of Greater China and Dr. Edward Tse, Chairman of Greater China attended The Women Corporate Directors Meeting and delivered speeches sequentially at lunch and dinner. They shared their insights on female leadership at this meeting.
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"The Eight Overarching China Automotive Trends"
The June 7, 2010 issue of ebusinessreview.cn published an article by Bill Russo, Senior Advisor, Dr. Edward Tse, Chairman of Greater China, Dr. Tao Ke, Principal, and Bill Peng, Senior Associate.
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"Bill Russo Addressed the China Auto Seminar (online)"
June 3, 2010, Bill Russo, Senior Advisor, addressed the China Auto Seminar on "The Eight Overarching China Automotive Trends That Are Revolutionizing the Auto Industry".
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"Dr. Edward Tse Attended Asia New Business Creation"
June 3, Dr. Edward Tse, Chairman of Greater China, attended Asia New Business Creation held by the Danish Foreign Ministry's Innovation Center in Shanghai, and presented his views on ShanZhai, a phenomenon of low cost creation in China.
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"China Car-Sales Growth Slows on 'Diminishing Wealth'"
The June 1, 2010 issue of Bloomberg Business Week quoted Bill Russo, Senior Advisor, for his perspective on the growth of the China auto market.
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"Culture Gap Ruins M&A"
The June 1, 2010 issue of Managerialist published the article "Culture Gap Ruins M&A" by Dr. Edward Tse, Chairman of Greater China. Dr. Tse pointed out in the article that poor culture integration often leads to M&A failures.
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"China Expects Best Times of Electric Vehicles Market"
The June 1, 2010 issue of China New Time published the article "China Expects Best Times of Electric Vehicles Market" by Bill Russo, Senior Advisor, Dr. Edward Tse, Chairman of Greater China and Dr. Tao Ke, Principal.
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"Rear Vision Mirror Reflects No Future"
The June 1, 2010 issue of 21st Century Business Review published an article by Dr. Edward Tse, Chairman of Greater China. Dr. Tse pointed out that in the fast growing China market, the experiences gained in the last decade will not help in the next ten years.
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"Strategic Value of Green Sourcing"
The June 1, 2010 issue of Directors and Boards published the article "Strategic Value of Green Sourcing" by Dr. Edward Tse, Chairman of Greater China. The article pointed out that through continuous focus on whole value chain and overall carbon footprint, companies can leverage green sourcing to improve overall performance.
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"Cost-driven Multinational Innovation"
The June 1, 2010 issue of CEO&CIO quoted Ronald Haddock, Zurich based Partner, for his perspective on manufacturing.
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"President's Affliction"
The May 30, 2010 issue of NDDaily published "President's Affliction ", an article that quoted "CEO Succession", a report launched by Booz & Company.
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"Mickey Landing in Yiyang"
The May 24, 2010 issue of 21st Century Business Herald quoted Huchu Xu, Director, for his perspective on Disney.
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"Global CEO, Huge Pressure Being At the Top"
The May 20, 2010 issue of Business Times published "Global CEO, Huge Pressure Being At the Top", an article that quoted "CEO Succession", a report launched by Booz & Company.
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"Is It Too Late for Companies to Get into the China Market?"
The May 13, 2010 issue of ebusinessreview.cn quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China, in their article "Is It Too Late for Companies to Get into the China Market?".
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"Express Courier Service Industry Spends Lavishly"
The May 10, 2010 issue of Talents quoted Fushing Pang, Senor Advisor for his perspective on the express courier service industry.
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"Business book reviews: ‘The China Strategy’, ‘Effective Immediately’"
The May 2, 2010 issue of E-learning China Business made a recommendation of the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"The China Strategy, Effective Immediately"
The May 2, 2010 issue of The Dallas Morning News made a recommendation of the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"How Could Shan Zhai Become Rome"
The May 1, 2010 issue of Managerialist published the article "How Could Shan Zhai Become Rome" by Dr. Edward Tse, Chairman of Greater China. The article said that the emergence of Shan Zhai players reflect a new trend of Chinese companies building up competitive advantage by innovation beyond traditional wisdom.
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"Edward Tse: Win the Future with Global Perspective"
The May 1, 2010 issue of Manager quoted Dr. Edward Tse, Chairman of Greater China, for his perspective on the localization of multinational companies.
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"One Geely, Two Systems"
The May 1, 2010 issue of Capitalist quoted Bill Russo, Senor Advisor for his perspective on Geely.
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"A Better Way to Fix Bankers Pay"
The May 1, 2010 issue of Caijing published the article "A Better Way to Fix Bankers Pay" by Shumeet Banerji, CEO of Booz & Company.
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"Strategy for Multinationals’ M&A in China"
The May 1, 2010 issue of Directors and Boards published the article "Strategy for Multinationals’ M&A in China" by Dr. Edward Tse, Chairman of Greater China. The article pointed out that pursuing the targets throughout is the prerequisite for successful M&A in China for the multinational companies.
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"Six Questions for Multinationals’ China Strategy"
The May 1, 2010 issue of CEIBS Business Review published the article "Six Questions for Multinationals’ China Strategy" by Dr. Edward Tse, Chairman of Greater China. The article pointed out that an ambitious multinational company should develop a true "China strategy".
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"Micro Blog– A New Marketing Channel"
The May 1, 2010 issue of Business Management Review published the article "Micro Blog- A New Marketing Channel" by Dr. Edward Tse, Chairman of Greater China. Dr. Tse introduced the changes of Chinese consumer’s behavior from three dimensions.
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"Booz & Company, Top Ranking Strategy Consulting Firm in China"
The May 1, 2010 issue of Manager Magazine ranks Booz & Company as the top strategy consulting firm in China. According to the magazine, "Booz & Company…swiftly adapts to China's environment, wins clients by delivering results. Strong client recognition is key reason why Booz won."
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"Honeymoon Period For Foreign Investment In China May Have Passed"
The April 28, 2010 issue of The China Post quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China in their article "Honeymoon Period For Foreign Investment In China May Have Passed ".
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"Chairman of Booz & Company: Further Increase Investment in China"
The April 27, 2010 issue of QQ.com quoted Joe Saddi, Chairman of Booz & Company, for his perspective in their article "Chairman of Booz & Company: Further Increase Investment in China".
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"Is It Too Late to Get into the China Market?"
The April 27, 2010 issue of Global Entrepreneur quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China in their article "Is It Too Late to Get into the China Market?".
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"China: Still Open to Foreigners"
The April 26, 2010 issue of Business Week published the article "China: Still Open to Foreigners" by Dr. Edward Tse, Chairman of Greater China. The article points out that China's attitude towards the rest of the world has not changed.
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"Is It Too Late to Enter the China Market?"
The April 26, 2010 issue of China Daily quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China in their article "Is It Too Late to Enter the China Market?".
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"The China Strategy: Harnessing the Power of the World's Fastest-growing Economy"
The April 25, 2010 issue of Biz Books recommended the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"Bill Russo Attended the 2010 Global Automotive Symposium"
April 22, 2010, Bill Russo, Senior Advisor, attended the 2010 Global Automotive Symposium and moderated the keynote on Innovation and Green Vehicles panel.
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"Booz & Company: Development Zone with Huge Potential"
The April 20, 2010 issue of Daily Business quoted Huchu Xu, Director, for his perspective on development zone in their article "Booz & Company: Development Zone with Huge Potential".
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"Painkiller for Cost: Surgery for Supply Chain"
The April 16, 2010 issue of 21st Century Business Herald quoted Ronald Haddock, Zurich based Director, for his perspective on manufacturing in their article "Painkiller for Cost: Surgery for Supply Chain".
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"Bill Russo Attended the Auto Components Working Group Meeting"
On April 16, 2010, Bill Russo, Senior Advisor, Greater China, attended the Auto Components Working Group Meeting by EUCCC. During the meeting, he did a presentation on "The Eight Overarching China Automotive Trends That Are Revolutionizing the Auto Industry" .
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"Is It Too Late for Companies to Get into the China Market?"
The April 16, 2010 issue of MorningStar.com quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China, in their article "Is It Too Late for Companies to Get into the China Market?".
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"China Initiates a New Era for Global Automotive Industry"
The April 16, 2010 issue of 163.com quoted Bill Russo, Senior Advisor, for his perspective on automotive industry in their article "China Initiates a New Era for Global Automotive Industry".
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"Is It Too Late to Get into the China Market"
The April 16, 2010 issue of INSEAD Knowledge quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China, in their article "Is It Too Late to Get into the China Market".
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"Dr. Edward Tse Attended the Reception of the St. Gallen Symposium in Beijing"
On April 15, 2010, Dr. Edward Tse, Chairman of Greater China, attended the reception of the St. Gallen Symposium at the Swiss Embassy, and shared his viewpoints on "The Future of Entrepreneurial China".
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"Volvo CEO: Geely's Acquisition Benefits for Integrating with China"
The April 15, 2010 issue of China Business News quoted Bill Russo, Senior Advisor, for his perspective on the automotive industry in their article "Volvo CEO: Geely's Acquisition Benefits for Integrating with China".
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"Baton Rouge Seeks Investment from Far East"
The April 12, 2010 issue of Baton Rouge Advocate quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China in their article "Baton Rouge Seeks Investment from the Far East".
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"Is China Still Competitive for Global Manufacturers"
The April 10, 2010 issue of Knowledge@Wharton published "Is China Still Competitive for Global Manufacturers", an article that quoted some insights of Stephen Li, Principal, in the discussion of China's manufacturing competitiveness.
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"Dr. Edward Tse Attended the Boao Forum for Asia Annual Conference 2010"
April 9, 2010, Dr. Edward Tse, Chairman of Greater China and Mr. Stephen Li, Principal, attended The Boao Forum for Asia Annual Conference 2010. Dr. Tse participated in the CEO Round Table session and shared his viewpoints on "The Profit in Green: Strategies and Best Practices for Building Business in a Green Growth World".
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"US Companies’ Chinese Dream"
The April 6, 2010 issue of China Business News published " US Companies’ Chinese Dream" an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM Shanghai.
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"Record Chinese Manufacturing Drives Optimism"
The April 6, 2010 issue of Proactive Investors quoted the book "The China Strategy" by Dr. Edward Tse, the chairman of Greater China in the article "Record Chinese Manufacturing Drives Optimism".
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"The China Strategy: Harnessing the Power of the World's Fastest-growing Economy"
The April 4, 2010 issue of Director recommended the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"A Look at China’s Future from Two Decades of Experience"
The April 3, 2010 issue of The Boston Business Journal made a recommendation of the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"Shufu Li Receives Volvo"
The April 1, 2010 issue of Caijing quoted Bill Peng, Senior Associate, for his perspective on the automotive industry in their article "Shufu Li Receives Volvo".
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"Inorganic Growth"
The April 1, 2010 issue of Auto Business Review published the article "Inorganic Growth" by Dr. Edward Tse, Chairman of Greater China and Bill Russo, Senior Advisor.
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"Solutions for Manufacturing Upgrade"
The April 1, 2010 issue of Directors and Boards published the article "Solutions for Manufacturing Upgrade" by Dr. Edward Tse, Chairman of Greater China. The article pointed out that manufacturing players need to foster their self-owned brands and increasingly differentiate the customer segments to break away from the morass of low value creation.
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"Made in China: Relocate or Stay?"
The April 1, 2010 issue of 21st Century Business Review published "Made in China: Relocate or Stay?" an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM Shanghai.
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"Private Banking under Transformation"
The April 1, 2010 issue of Caijing published "Private Banking under Transformation" by Andrew Cainey, Managing Director of Greater China, and Ben Mok, Principal. The article made recommendations on how to develop private banking service in China.
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"China Manufacturing Competitiveness Study Launched in Shanghai"
The March 31, 2010 issue of CE Weekly published "China Manufacturing Competitiveness Study Launched in Shanghai", an article that quoted "China Manufacturing Competitiveness Study 2009-2010", a report launched by Booz & Company and AMCHAM.
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"The People's Bank of China: Rural Migrant Workers with 10% More Income than Last Year"
The March 31, 2010 issue of China Business News published "The People's Bank of China: Rural Migrant Workers with 10% More Income than Last Year", an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM.
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"The China Strategy"
The March 30, 2010 issue of San Francisco Book Review recommended the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China. The article mentioned the book as a comprehensive guide for successful incorporation of China into the global strategies.
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"Why China Is an Incubator for Female Billionaires"
The March 30, 2010 issue of CBCNews quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China in the article "Why China Is an Incubator for Female Billionaires".
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"Survey: MNCs Increasing their Focus on the Chinese Market"
The March 30, 2010 issue of China News Agency published "Survey: MNCs Increasing Focus their on the Chinese Market", an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM.
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"McDonald's Opens Hamburger University in Shanghai"
The March 30, 2010 issue of CNBC quoted Joni Bessler, Partner, Greater China, on MNCs' China strategy in their article "McDonald's Opens Hamburger University in Shanghai".
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"Multinational Manufacturers Prioritizing Chinese Market as their Primary Strategy"
The March 30, 2010 issue of PRNASIA published "Multinational Manufacturers Prioritizing Chinese Market as their Primary Strategy", an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM.
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"Foreign Manufacturers Eye China's Market"
The March 30, 2010 issue of the Shanghai Daily published "Foreign Manufacturers Eye China's Market", an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM.
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"MNCs in China Move Inland to Lower Costs"
The March 30, 2010 issue of Reuter published "MNCs in China Move Inland to Lower Costs", an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM.
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"Foreign Enterprises: China's Attractiveness is Growing Rather Than Waning"
The March 30, 2010 issue of Xinhua News Agency published "Foreign Enterprises: China’s Attractiveness is Growing Rather Than Waning", an article that quoted "China Manufacturing Competitiveness 2009-2010", a report launched by Booz & Company and AMCHAM.
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"China's Geely: First London Cabs, Now Volvo"
The March 29, 2010 issue of Bnet Insight quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China in the article "China's Geely: First London Cabs, Now Volvo".
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"Books Special: The China Strategy, and why it matters"
The March 24, 2010 issue of Managementtoday.com quoted the book "The China Strategy" by Dr. Edward Tse, Chairman of Greater China.
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"Andrew Cainey Attended The Private Banker International Hong Kong Forum"
On March 15, 2010, Andrew Cainey, Managing Director of Greater China, attended "The Private Banker International Hong Kong Forum"by Private Banker International. He shared his insights on China’s onshore private banking angle with the attendees of the conference.
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"Developing a New Disney"
The March 8, 2010 issue of the 21st Century Business Herald quoted the perspectives of Arnold Sun, Principal, in their article "Developing a New Disney".
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"China Reshapes Global Automotive Industry Model"
The March 1, 2010 issue of Capital Times published "China Reshapes Global Automotive Industry Model" by Dr. Edward Tse, Chairman of Greater China. Dr. Tse pointed out that the most successful companies in the 21st century will be those who could quickly adapt to the reality of globalization.
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"New Energy Vehicle Confronting Challenges"
The March 1, 2010 issue of the Managerialist published "New Energy Vehicle Confronting Challenges" by Dr. Edward Tse, Chairman of Greater China. Dr. Tse pointed out that the main obstacles for Chinese New Energy Vehicle’s popularization are infrastructure and consumer recognition.
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"Heading out: Chinese Commercial Vehicle Companies Look Overseas"
The March 1, 2010 issue of the China Economic Review quoted Bill Russo, Senior Advisor, on his point of view of Chinese commercial vehicles setting their sights overseas.
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"A Way Out for Volvo: Fast Winning, Changing and Exploring"
The March 1, 2010 issue of the China Entrepreneur published "A Way Out for Volvo: Fast Winning, Changing and Exploring", an article that quoted some insights of Bill Russo, Senior Advisor, in the discussion of Geely’s acquisition of Volvo.
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"Shanghai in 2020: Building an International Financial Center with Chinese Characteristics"
The March 1, 2010 issue of Caijing published "Shanghai in 2020: Building an International Financial Center with Chinese Characteristics" by Andrew Cainey, Managing Director of Greater China. Mr. Cainey shared his insights regarding Shanghai building an international financial center.
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"Five Traits of Highly Innovative Companies"
The March 1, 2010 issue of the Managerialist published the article "Five Traits of Highly Innovative Companies" by Dr. Edward Tse, Chairman of Greater China. This article included some analysis of highly innovative companies and conclusions drawn by Dr. Tse .
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"Heng An: A Transformation Process in Anticipation of Need"
The March 1, 2010 issue of the Managerialist published the article "Heng An: A Transformation Process in Anticipation of Need", depicting some items of the management change performed by Heng An through the assistance of Booz & Company.
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"Crossing the Chasm in Cost Control"
The March 1, 2010 issue of the 21st Century Business Review published the article "Crossing the Chasm in Cost Control" by Dr. Edward Tse, Chairman of Greater China. In this article, Dr. Tse lent some perspectives on how companies should conduct cost control during the crisis.
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"Dr. Edward Tse Attended The 10th Annual Conference of Yabuli China Entrepreneurs Forum"
On February 28, 2010, Dr. Edward Tse, Chairman of Greater China, attended the 10th Annual Conference of Yabuli China Entrepreneurs Forum held by China Entrepreneur. He was the host of the section "VC&PE: Business Opportunities In The Future".
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"Heng An Holding Down Kimberly-Clark, P&G and Other Major Multinationals"
The February 2, 2010 issue of the CBNweekly published the article "Heng An Holding Down Kimberly-Clark, P&G and Other Major Multinationals", depicting some items of the management change performed by Heng An through the assistance of Booz & Company.
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"Innovation Anemia"
The February 1, 2010 issue of the Managerialist published the article "Innovation Anemia" by Dr. Edward Tse, Chairman of Greater China. Dr. Tse noted that the investment in innovation did not necessarily indicate a conversion to profit growth.
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"Ten Steps to Avoid the Risk of an Overseas M&A"
The February 1, 2010 issue of the Manager published the article "Ten Steps to Avoid the Risk of an Overseas M&A" by Dr. Edward Tse, Chairman of Greater China. This article included insightful suggestions that Dr. Tse has revealed towards Chinese automotive companies performing successful overseas M&As.
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"Dr. Edward Tse Attended The Greater China Conference by Bo Le Associates"
On January 29, 2010, Dr. Edward Tse, Chairman of Greater China, attended The Greater China Conference by Bo Le Associates, Ltd. He shared his insights on "How a Crisis is a Defining Moment for Companies and Leaders" with the attendees of the conference.
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"EV Development Needs Centralized Resources"
The February 1, 2010 issue of China Entrepreneur published the article "EV Development Needs Focused Resources" by Bill Peng, Senior Associate. The article points out that only when the government institutions and manufacturers coordinate with each other and set up a broader view can China's auto industry make the most of new energy opportunities.
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"Strategic Sourcing Management: Be With the Winners"
The February 1, 2010 issue of Business Management Review published the article "Strategic Sourcing Management: Be with the Winners" by Joni Bessler, Partner, and Stephen Li, Executive Advisor. The article analyzes the sourcing strategy that enterprises shall take on during an economic crisis.
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"Private SME Ally to Win"
The February 1, 2010 issue of Directors and Boards published the article "Private SME Ally to Win" by Dr. Edward Tse, Chairman, Greater China. The article points out that alliances can bring great energy to the enterprises, create new market competitive advantages and improve the competitiveness of the enterprises.
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"BAIC: Hardest Thesis Writing"
The January 8, 2010 issue of China Entrepreneur published the article "BAIC: Hardest Thesis Writing" by Bill Peng, Senior Associate. The article analyzes the challenges that BAIC faces after the acquisition of Saab, and made relevant recommendations.
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"Making the most of M&A"
The January 1, 2010 issue of China Dealmaker published the article "Making the most of M&A" by Andrew Cainey, Managing Director, Greater China. Mr. Cainey made recommendations for M&A deals to rapidly improve company performance.
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"When China's Auto Market Became No. 1"
The December 15, 2009 issue of China Entrepreneur published the article "When China's Auto Market Became No.1" by Bill Peng, Senior Associate. The article points out that the year 2010 will be a golden era for China's auto makers to make full use of the Chinese market.
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"Why China Auto Makers Struggle to Expand Overseas"
The December 10, 2009 issue of China Business News published the article "Why China Auto Makers Struggle to Expand Overseas" by Dr. Edward Tse, Chairman, Greater China. The article points out that China’s auto industry is facing a lot of structural problems, which are becoming obstacles for China's auto makers to expand overseas.
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"Bill Russo attended the 8th China Entrepreneur Summit"
On December 5, 2009, Bill Russo, Senior Advisor, attended the 8th China Entrepreneur, where he delivered a speech titled "The Ambitions and Traps of the China Auto Industry".
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"Dr. Edward Tse Attends the 9th Annual Management Forum of China"
On December 4, 2009, Dr. Edward Tse, Chairman, Greater China, attended the 9th Annual Management Forum of China, where he delivered a speech titled "Red Edge, Advantaged Growth."
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"If Aiduo Stops Copying"
The December 1, 2009 issue of Directors and Boards published the article "If Aiduo Stops Copying" by Dr. Edward Tse, Chairman, Greater China. The article points out the lack of innovation as a major cause for Aiduo's failure.
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"The Importance of Innovation After the Financial Crisis"
The December 1, 2009 issue of Directors and Boards published the article "The Importance of Innovation After the Financial Crisis" by Dr. Edward Tse, Chairman, Greater China. The article points out the advantages of R&D post-crisis.
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"The Way Forward for Chinese SUV Manufacturers"
The December 1, 2009 issue of Directors and Boards published "The Way Forward for Chinese SUV Manufacturers" by Senior Advisor, Bill Russo. Russo points out that the difference between Chinese and foreign companies lie in image and branding.
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"Gains From Green Sourcing"
The December 1, 2009 issue of Managers published "Gains From Green Souring" by Dr. Edward Tse, Chairman, Greater China.
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"Reevaluating China's Position and Opportunities in the Global Value Chains"
The December 1, 2009 issue of China New Times published "Reevaluating China's Position and Opportunities in the Global Value Chains" by Dr. Edward Tse, Chairman, Greater China. The article points out that multinational companies are increasingly expanding their upstream and downstream operations in China.
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"Weapons for New Changan"
The November 30, 2009 issue of China Automotive News published "Weapons for New Changan" by Bill Peng, Senior Associate, and Bill Russo, Senior Advisor.
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"Buying Right in Asia"
The November 22, 2009 issue of China Dealmaker published "Buying Right in Asia" by Andrew Cainey, Managing Director, Greater China. In the article, Mr. Cainey analyzed the four important factors that Chinese companies should consider when engaging in M&A activity abroad.
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"How To Win Customers"
The November 16, 2009 issue of 21st Century Business Herald quoted Stephen Li, Executive Advisor, in the article "How To Win Customers". Mr. Li expressed his perspective on the increasingly service-oriented nature of the manufacturing industry.
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"Sony Ericsson: Blue Ocean Struggle"
The November 1, 2009 issue of Directors and Boards published "Sony Ericsson: Blue Ocean Struggle" by Dr. Edward Tse, Chairman, Greater China. The article points out that in a rapidly changing era, companies need to continuously adapt to unpredictable environments and constantly change their strategic positions by leveraging their competitive advantage.
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"Innovating Under Climate Pressure"
The November 2009 issue of Managerialist published "Innovating Under Climate Pressure" by Dr. Edward Tse, Chairman, Greater China. The article points out that the next stage of innovation for companies would be tied to environmental concerns.
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"Chinese Companies Going Global"
The November 1, 2009 issue of Business Management Review published "Chinese Companies Going Global" by Dr. Shumeet Banerji, CEO of Booz & Company. The article suggests that the next major development for Chinese companies is prioritizing the global market over the Chinese market.
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"Why Costs Won't Come Down"
The November 1, 2009 issue of Peking University Business Review published "Why Costs Won't Come Down" by Dr. Shumeet Banerji, CEO of Booz & Company. The article analyzed common difficulties that companies face in cutting costs and provided a number of suggestions.
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"Integrating China into the Corporate Global Value Chains"
The November 1, 2009 issue of China Logistics and Purchasing published "Integrating China into the Corporate Global Value Chains" by Dr. Edward Tse, Chairman , Greater China. The article suggests that companies integrating China into the global value chain will gain more than those using China as a low cost manufacturing base.
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"Breaking Away From Tragic Growth"
The November 1, 2009 issue of 21st Century Business Review published "Breaking Away From Tragic Growth" by Dr. Edward Tse, Chairman, Greater China. The article analyzed the present difficulties confronted by China’s manufacturing industry and their current options.
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"Overcoming Obstacles to Cost Cutting"
The October 1, 2009 issue of Business Management Review published "Overcoming Obstacles to Cost Cutting" by Dr. Shumeet Banerji, CEO of Booz & Company. The article analyzed common difficulties that companies face in cutting costs and provided a number of suggestions.
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"Four Impediments to Cost Cutting and How to Overcome Them"
The October 1, 2009 issue of China Civil Aviation published "Four Impediments to Cost Cutting and How to Overcome Them" by Dr. Shumeet Banerji, CEO of Booz & Company. The article analyzed common difficulties that companies face in cutting costs and provided a number of suggestions.
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"Shanghai 2020: Building an International Financial Center with Chinese Characteristics"
The September 22, 2009 edition of China Dealmaker published the article "Shanghai 2020: Building an International Financial Center with Chinese Characteristics" by Andrew Cainey, Managing Director, Greater China. Cainey shared his insights on Shanghai's path to becoming an international financial center.
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"Expert: Protectionism No Cure to Economy"
The September 17, 2009 edition of China Daily published the article "Expert: Protectionism No Cure to Economy" which contained an exclusive interview with Bill Russo, Senior Advisor. During the interview, Russo warned that the adoption of protectionist measures could disrupt the flow of the global economy and encourage retaliation by other nations, leaving all parties worse off.
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"Building A Premier SME Banking Business in China"
The September 14, 2009 edition of Caijing published the article "Building A Premier SME Banking Business in China" by Andrew Cainey, Managing Director, Greater China, and Arnold Sun, Principal. The article points out that over time, SME businesses will be one of the most profitable client groups for banks.
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"Teams in Successful Overseas Acquisition"
The September 1, 2009 edition of Managerialist published the article "Teams in Successful Overseas Acquisition" by Dr. Edward Tse, Chairman, Greater China. The article pointed out that companies that simultaneously possess the resources to engage in M&A and can organize their teams will succeed in an environment full of uncertainty and heavy M&A activities.
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"Essential Process for Chinese Company's Successful Overseas Acquisition"
The September 1, 2009 edition of Directors & Boards published the article "Essential Process for Chinese Company's Successful Overseas Acquisition" by Andrew Cainey, Managing Director, Greater China, and Fushing Pang, Executive Advisor. The article highlighted that the CEO's leadership and involvement in the early stages is necessary for overseas acquisitions to be successful.
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"Why Bird Mobile Phone Failed"
The September 1, 2009 edition of Directors & Boards published the article "Why Bird Mobile Phone Failed" by Dr. Edward Tse, Chairman, Greater China. Dr. Tse indicated that the lack of high-end positions and continued innovation were the main reasons why Bird failed.
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"Shan Zhai: A Chinese Phenomenon"
The September 1, 2009 edition of 21 Century Business Review published the article "Shan Zhai: A Chinese Phenomenon" by Dr. Edward Tse, Chairman, Greater China, Kevin Ma, Project Principal, and Huang Yu, Senior Associate. The article provided some suggestions on how Shanzhai companies in China could be transformed and developed.
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"Hengan Becomes Industry Leader in the H-share Market"
The September 11, 2009 edition of China Times mentions in the article "Hengan Mounting as an Industry Leader in H-share Market" that Booz & Company helped Hengan to successfully implement second management change to optimize its production control process.
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"Bright Times for Auto Industry"
The September 5, 2009 edition of China Entrepreneur published a Booz & Company news monograph "Bright Times for Auto Industry." The monograph includes an exclusive interview with Bill Russo, Senior Advisor, Greater China, a research study titled "The Best Years of the Auto Industry Are still to Come" by Zurich-based Partner Ronald Haddock and Cleveland-based Partner John Jullens, as well as an article titled "Five Roads Ahead for China’s Auto Industry" by Dr. Edward Tse, Chairman, and Dr. Tao Ke, Principal, Greater China.
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"The Constant Traveler on a Mission to Inspire"
The August 31, 2009 edition of FTChines.com published an exclusive interview with Dr. Shumeet Banerji, CEO of Booz & Company—"The Constant Traveler on a Mission to Inspire." The article reveals Dr. Banerji’s vibrant private life.
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"Next Revolution for China: Changing the Global Auto Industry"
The August 26, 2009 edition of South Weekly published the article "Next Revolution for China: Changing the Global Auto Industry" by Bill Russo, Senior Advisor, Greater China. The article indicated that China would play an increasingly important role in new auto technology R&D as the global market expands rapidly.
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"Dr. Edward Tse Advises on 'Customer-centric Organization' for Baosteel"
On August 21, 2009, Baoshan Iron & Steel Corporation (Baosteel) held a Party Committee to study an article, “The Customer-centric Organization: From Sales Promotion to Winning Customer” by Dr. Edward Tse, Managing Director, Greater China. Dr. Tse and Stephen Li, Executive Advisor, were invited to the seminar to analyze and discuss questions often faced by high- and middle-level managers when pursuing a customer-centric organization.
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"A Memo to The Chief Information Officer"
The August 17, 2009 edition of China Business News published "A Memo to the Chief Information Officer" by Booz partners Eduardo Alvarez and Louise Fletcher.
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"Making the Most of M&A"
The August 13, 2009 edition of China Business News published "Making the Most of M&A" by New York based Gerald Adolph, Senior Partner, and Justin Pettit, Partner, Booz & Company.
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"Ways for Corporate Reforms"
The August 10, 2009 edition of 21st Century Business Herald quoted Fushing Pang, Executive Advisor, on his view in the article "Ways for Corporate Reforms"; a Booz & Company research report "Making the Most of M&A" was quoted as well.
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"Globalization of Financial Institutions Retrenching"
The August 8, 2009 edition of China Times published "Globalization of Financial Institutions Retrenching", an exclusive interview with Dr. Shumeet Banerji, CEO of Booz & Company. During the interview, Dr. Banerji said that the nationalization of financial institutions under the financial crisis has led to the retrenchment in the progress of globalization.
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"Innovative Strategy for Beating Recession"
The August 1, 2009 edition of Manager published "Innovative Strategy for Beating Recession" by Dr. Edward Tse, Managing Director, Greater China. The article indicated that, despite in the midst of financial crisis, an innovative strategy will bring about the emergence of the most innovative product and technology.
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"From Sales Promotion to Winning Customers"
The August 1, 2009 edition of Manager published "From Sales Promotion to Winning Customers" by Dr. Edward Tse, Managing Director, Greater China. The article mentioned that a truly customer-centric organization can maximize customer satisfaction without significant cost impact.
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"The Critical Moment for Lenovo’s Integration of IBM"
The August 1, 2009 edition of Directors & Boards published "The Critical Moment for Lenovo’s Integration of IBM" by Dr. Edward Tse, Managing Director, Greater China. The article indicated that Lenovo’s acquisition of IBM’s PC business was just the first step towards its internationalization. The success of integrating the two operations is the key to success.
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"The Post-Crisis HR Strategy"
The August 1, 2009 edition of Managerialist published "The Post-Crisis HR Strategy" by Dr. Edward Tse, Managing Director, Greater China. The article discussed that amid financial crisis, HR function should improve the skills in talent management and long-term performance to capture the opportunities deriving from the crisis.
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"Dr. Shumeet Banerji Positive about China's Economy"
A speech by Dr. Shumeet Banerji, CEO of Booz & Company, was published in the July 14, 2009 edition of Sina.com. In this speech, Dr. Banerji shared his perspectives on economic development and business trends in China; he also answered some questions raised by journalists on topics such as how enterprises could evade exchange risks.
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"CEO of Booz & Company: Economy Set for Turnaround in 2009, But Difficult To Hit Bottom Line in 2007"
A speech by Dr. Shumeet Banerji, CEO of Booz & Company, was published in the July 13, 2009 edition of QQ.com. In the speech, Dr. Banerji shared his perspectives on economic development and business trends in China.
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"Bank's Business in Community"
Dr. Tao Ke, Project Principal, was quoted in "Bank's Business in Community," published in the July 6, 2009 edition of 21st Century Business Herald. A report, "What Chinese Banks Should Learn from the West", co-authored by Andrew Cainey, Vice President and Head of Financial Services, Greater China, and Dr. Ke, was also quoted in the article.
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"From Sales Promotion to Winning Customers"
The July 1, 2009 edition of Managerialist published "From Sales Promotion to Winning Customers" by Dr. Edward Tse, Managing Director, Greater China. The article indicated that only by establishing a truly customer-centric organization would companies be able to maximize customer satisfaction without increasing cost.
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"Integration Is the Key of Success"
The July 1, 2009 edition of Manager published "Integration Is the Key of Success" by Dr. Edward Tse, Managing Director, Greater China. The article states that post-merger integration is the most crucial process of overseas M&A, even deciding the success or failure of the deal.
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"Why GM Fell"
The July 1, 2009 edition of Directors & Boards published "Why GM Fell" by Dr. Edward Tse, Managing Director, Greater China. Through analyzing the reasons behind GM's bankruptcy, the article states that besides external factors such as the final strike by the financial crisis, the most fatal factors were internal defects within GM.
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"Seven Essential Tasks for the New CEO"
The July 1, 2009 edition of CEIBS Business Review quoted the Booz & Company research report, "CEO Succession Survey 2008," in the article "Seven Essential Tasks for the New CEO," which advised new CEOs on what to do.
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"Restructuring Global Value Chain"
The July 1, 2009 edition of 21st Century Business Review published "Restructuring Global Value Chain" by Dr. Edward Tse, Managing Director, Greater China. The article expressed that as the Chinese market becomes increasingly important, more and more MNCs perceive China as the operation hub for their global value chain.
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"Dr. Shumeet Banerji Visits China"
Dr. Shumeet Banerji, CEO of Booz & Company, visited China and attended a media conference on July 8 in Beijing, together with journalists from over 20 media organizations, including Economic Observer, 21st Century Business Review, Global Entrepreneur, and Peking University Business Review. During the conference, Dr. Banerji shared his insights on business trends in China and the rest of the world during the financial crisis, and also commented on how to develop Booz & Company's business in China.
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"Intrepidity and Difficulty of 'Growing in Winter'"
The June 26, 2009 edition of China Entrepreneur quoted the Booz & Company research report, "China Manufacturing Competitiveness 2008-2009," in "Intrepidity and Difficulty of 'Growing in Winter'".
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"Booz & Company Conducts Seminar for Shanghai SASAC on Economic Situation in First Half Year"
On June 26, 2009, Dr. Edward Tse, Managing Director, Greater China, Andrew Cainey, Partner and Head of Financial Services practice, Fushing Pang, Executive Advisor, and Arnold Sun, Principal, were invited to conduct a seminar for Shanghai State-owned Assets Supervision and Administration Commission (SASAC) on the economic situation in the first half of 2009. They analyzed the recent trend of the economic crisis and made recommendations on how to address the crisis for delegates from state-owned enterprises participating in the seminar.
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"Dr. Edward Tse Attends Dialogue on CCTV 9"
Dr. Edward Tse, Managing Director, Greater China, attended the Dialogue program on CCTV 9 on June 23, 2009 to share his views on the topic of "Mercedes-Benz and BMW on Government's Procurement List".
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"How Chinese Enterprises Can Successfully Execute Overseas M&A's"
The June 22, 2009 edition of China Dealmaker published "How Chinese Enterprises Can Successfully Execute Overseas M&A's" by Andrew Cainey, Partner and Head of Financial Services practice, Greater China, and Fushing Pang, Executive Advisor.
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Booz & Company and The Founder Launch "Innovative Chinese Companies 2009"
On June 19, 2009, Booz & Company launched the "Innovative Chinese Companies" study jointly with The Founder. A comprehensive list of Chinese public companies that were listed on domestic and overseas capital markets and had market capitalization of over US$200 million was evaluated based on the companies’financial and innovative performance. Twenty leading innovative companies were shortlisted after three months of study. At the award presentation ceremony, Dr. Edward Tse, Managing Director, Greater China, explained the methodologies of the shortlisting and discussed the topic of business innovation with delegates.
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"Dr. Edward Tse Attends Dialogue on CCTV 9 to Discuss M&A's"
On June 12, 2009, Dr. Edward Tse, Managing Director, Greater China, attended the Dialogue program on CCTV 9 to share his views on the topic of "M&A Deal between Tengzhong and Hummer".
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"Six Major Discoveries under Downturn"
The June 8, 2009 edition of China Entrepreneur quoted the research report "China Manufacturing Competitiveness 2008-2009" from Booz & Company. The research showed that nearly one out of every two companies suffered fourth quarter export declines of more than 10 percent from 2007 to 2008.
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"K-Touch: Successful Development of Shan Zhai Brand"
The June 8, 2009 edition of China Entrepreneur quoted Dr. Edward Tse, Managing Director, Greater China, for his view on K-Touch. Dr. Tse believed that, by breaking down traditions to present consumers with cutting-edge technology, K-Touch is a typical "catfish".
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"Innovation: the Gap between China and the World"
The June 5, 2009 edition of The Founder quoted the Booz & Company research report "Innovation: the Gap between China and the World". The report analyzed the status quo of Chinese companies in innovation and presented our outlook.
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| "Dr. Edward Tse Addresses Shanghai Institute of International Finance Seminar on Strategy Management for Boards" On June 5, 2009, Dr. Edward Tse, Managing Director, Greater China, Mr. Andrew Cainey, Partner and Head of Financial Services practice, and Dr. Tao Ke, Principal, were invited to lead a training session at the Board Building and Leadership Development Seminar at Shanghai Institute of International Finance. The topics that were covered included strategy management for the Board, new global landscape, and insights on how to address the economic crisis. The in-depth presentation was highly appreciated by the attendees. |
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"Andrew Cainey Attends ACCA Thought Leadership Forum 2009"
On June 4, 2009, Andrew Cainey, Partner and Head of Financial Services practice, Greater China, attended the "ACCA Thought Leadership Forum 2009" in Shanghai and delivered a keynote speech titled "M&A in Economic Downturn".
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"Implications on Risk under Storm"
The June 1, 2009 edition of Directors & Boards published the article "Implications on Risk under Storm" by Dr. Edward Tse, Managing Director, Greater China. The article highlighted that a resilient company could effectively leverage strategy, operation, management system, management structure and decision-making support in an integrated manner to timely identify and address various ever-changing risks to surpass weaker competitors.
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"The Ever Changing Globalization"
The June 1, 2009 edition of Manager published the article "The Ever Changing Globalization" by Dr. Edward Tse, Managing Director, Greater China. The article discussed the issue that, under a trend of "globalization", "localization" is more crucial for companies.
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"Digital Darwinism"
The June 1, 2009 edition of 21st Century Business Review published the article "Digital Darwinism" by Christopher Vollmer from Booz & Company's 2009 Spring edition of Strategy & Business. The article introduced the new development trend of digital marketing.
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"Why You Are Short of Core Capability"
The June 1, 2009 edition of Peking University Business Review published the article "Why You Are Short of Core Capability" by Dr. Edward Tse, Managing Director, Greater China. The article highlighted that, in the past, Chinese companies focused on scale, speed and business model to achieve success. However, under economic turmoil, entrepreneurs should realize that core capability is their source of power.
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"China in Search of the Perfect Deal: Opportunity, Motive and Means?"
The May 22, 2009 edition of China Dealmaker published "China in Search of the Perfect Deal: Opportunity, Motive and Means?" by Andrew Cainey, Partner and Head of Financial Services practice, Greater China. Cainey indicated that, for Chinese companies, opportunities were often not lacking, nor were financial means. In contrast, the means to integrate and manage the acquisition along with a clear view on realistic motives were often areas that were in need of more attention.
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"Dr. Edward Tse Appointed Independent Director of the SAIC Group"
On May 21, 2009, the State-owned Assets Supervision and Administration Commission of the Shanghai Municipal Government held an "Independent Director Appointment Ceremony." During the ceremony, 18 Independent Directors were appointed by state-owned enterprises during the ceremony. Dr. Edward Tse, Booz & Company's Senior Partner and Managing Director for Greater China, was appointed Independent Director of the Shanghai Automotive Industry Corporation (SAIC).
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"Flying through Stormy Skies: How Airlines Can Navigate in the Global Recession"
The May 20, 2009 edition of China Civil Aviation quoted the white paper "Flying through Stormy Skies: How Airlines Can Navigate in the Global Recession" from Booz & Company. The article analyzed and suggested strategies and initiatives that airlines need to take in the economic downturn.
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"Fushing Pang Attends Private Equity & Logistics Investment Forum 2009"
On May 20, 2009, Fushing Pang, Executive Advisor, was invited to attend the "Private Equity & Logistics Investment Forum 2009" where he delivered a speech, titled "Critical Success Factors," in which he gave advice on pre-merger planning and post-merger integration.
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"Management in China: From American Style to Chinese Approach"
On May 17, 2009, YCWB.com quoted Dr. Edward Tse, Managing Director, Greater China, for his view on Chinese style management. Dr. Tse believed that the next wave of management development in China was to create a sophisticated model that combined the best of Chinese traditional culture and advanced experience in Western society.
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"Transformation Implication and Corresponding Countermeasures for Telecom Restructuring"
The May 16, 2009 edition of 21st Century Business Herald published "Transformation Implication and Corresponding Countermeasures for Telecom Restructuring" by Kevin Ma, Project Principal, and Dr. Edward Tse, Managing Director, Greater China. The article analyzed three major ways for global leading telecom operators to integrate their operation services and organizational structures, namely bundled services, part integration and full integration.
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"Companies Preferring More Senior and Experienced CEO under Economic Crisis"
The May 16, 2009 edition of Economic Observer quoted research report "CEO Succession Survey 2008" from Booz & Company. The report said that the nature of the recession has led boards of directors of Western companies to stick with the leaders they know.
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"Survey Showing No Impact from Financial Crisis on Executives Turnover"
The May 15, 2009 edition of China Securities Journal quoted research report "CEO Succession Survey 2008" from Booz & Company. According to the report, among the 2500 largest public companies surveyed, only 361 presidents or CEOs left their companies, just 15 more than that in 2007.
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| "Dr. Edward Tse Attends the Dalian-China Economic Forum 2009 as Moderator" On May 15, 2009, the Dalian-China Economic Forum 2009 was held in Dalian under the theme of "Major Changes Driven by the Crisis." Dr. Edward Tse, Managing Director, Greater China, was invited to act as the moderator for the panel discussion "Reshaping the World Economy and Development Opportunities for Chinese Companies." |
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"CEO Turnover Rate Declining in the U.S. and Europe in the Storm"
The May 14, 2009 edition of Xiaoxiang Morning Post quoted research report "CEO Succession Survey 2008" from Booz & Company. The report stated that in the face of the worst economic crisis since the Great Depression, corporate boards in North America and Europe are holding fast to their current CEOs.
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"Dr. Edward Tse Attends HBR Round Table Forum"
On May 13, 2009, Dr. Edward Tse, Managing Director, Greater China, was invited to attend the Harvard Business Review (HBR) China Round Table Forum to discuss management trends in an era of crisis. During the forum, Dr. Tse said that the crisis forced company executives to refocus on core capabilities and review the source of competitive advantages. Many Chinese companies, through integration of economic development and profitability models from abroad, are developing their own Chinese style management models. Going forward, the key challenge for them is how to best leverage international experience to develop advanced management models that best fit within the Chinese context.
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"Big Names Encountering Trust Crisis"
The May 12, 2009 edition of China Business News quoted Dr. Edward Tse, Managing Director, Greater China, for his view on salary reduction for CEOs. Dr. Tse believed that, given the poor operating environment, if executives took the lead in actions such as salary reduction, it could demonstrate their determination for reform to their staff, thus reducing the resistance to the reform.
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"Survey on China Manufacturing CEO: Game for the Survivors"
The May 6, 2009 edition of China Entrepreneur quoted research report "China Manufacturing Competitiveness 2008-2009" from Booz & Company. The report stated that, in the past, challenges faced by manufacturing were increased cost and appreciation of the RMB. However, falling demand, credit crunch and currency volatility were new challenges.
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"The Failure of the Opportunistic Diversification"
The May 1, 2009 edition of Directors & Boards published the article "The Failure of the Opportunistic Diversification" by Dr. Edward Tse, Managing Director, Greater China. Dr. Tse indicated that most failures of Chinese players' efforts to diversify their businesses were caused by their non-standardized approach towards managing diversified businesses.
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"MIN-MAX Strategy"
The May 1, 2009 edition of Manager published "MIN-MAX Strategy" by Dr. Edward Tse, Managing Director, Greater China. The article pointed out that companies should follow a MIN-MAX strategy under uncertainty, adopting a defensive position while seeking opportunities to attack.
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"Did You Choose the Correct Guideline?"
The May 1, 2009 edition of Managerialist published "Did You Choose the Correct Guideline?" by Dr. Edward Tse, Managing Director, Greater China. Dr.Tse believed that, in the face of an economic downturn, many companies did not adopt the correct guideline that were most effective for them.
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"Decipher Chinese Organizational DNA"
The May 1, 2009 edition of CEIBS Business Review published "Decipher Chinese Organizational DNA" by Dr. Edward Tse, Managing Director, Greater China. The article discussed the common DNA patterns of Chinese companies in the past 60 years. These DNA patterns not only replicated themselves within organizations but also spread across them.
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"How to Survive after the Crisis"
The May 1, 2009 edition of 21st Century Business Review published "How to Survive after the Crisis" by Dr. Edward Tse, Managing Director, Greater China. The article analyzed and summarized how those companies survived and maintained their healthy development through past economic crises to serve as references for Chinese players.
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"Rebuilding Competitiveness beyond Low Cost"
The May 1, 2009 edition of 21st Century Business Review quoted research report "China Manufacturing Competitiveness 2008-2009" from Booz & Company. The report analyzed the way out of hot water for China's manufacturing industry.
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"'Direct Cross-strait Flight Is Changing the Competitive Landscape' Wins First-class Prize"
In May 2009, the Finance & Securities Institute of Central University of Finance and Economics awarded the "First-class Prize for Excellent Academic Achievements in Thirty Years of Reform and Opening-up" to Dr. Edward Tse, Managing Director, Greater China, for his article, "Direct Cross-strait Flight Is Changing the Competitive Landscape." The article will be included in the book, "Reform and Development: Studies on Economic Reform of China."
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"'Enhancing Soft Power for M&A's' Wins First-class Prize"
In May 2009, the Finance & Securities Institute of Central University of Finance and Economics awarded the "First-class Prize for Excellent Academic Achievements in Thirty Years of Reform and Opening-up" to Dr. Edward Tse, Managing Director, Greater China, for his article, "Enhancing Soft Power for M&A's". The article will be included in the book, "Reform and Development: Studies on Economic Reform of China."
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"Booz & Company Addresses Mexican MBA Students"
On April 22, 2009, Herman Heung, Executive Advisor, and Raymond Yeung, Senior Consultant, gave a presentation to visiting MBA students of IPADE, Mexico, on the research report "China Manufacturing Competitiveness 2008-2009" by Booz & Company.
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"3G Accelerating the Pace of CDMA Terminal Development"
The April 20, 2009 edition of Communications Weekly quoted comments on CDMA technology by Dr. Edward Tse, Managing Director, Greater China. Dr. Tse believes that CDMA technology has provided a platform for many multi-media services and applications, offering numerous opportunities for future growth.
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"Dr. Edward Tse and Andrew Cainey Attend 'Boao Forum'"
From April 16 to 19, Dr. Edward Tse, Managing Director, Greater China, and Andrew Cainey, Vice President, attended the Boao Forum and shared their views on entrepreneurs' social responsibilities.
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"Measuring Your Way to Market Insight"
The April 15, 2009 edition of 21st Century Business Review published the article "Measuring Your Way to Market Insight" by Booz partners, Leslie H. Moeller and Edward C. Landry from the 2009 Spring edition of Strategy & Business of Booz & Company. The article highlighted that in order to establish closer relationships with clients; companies should start by enhancing marketing analytical capabilities.
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"China's Duality"
The April 15, 2009 edition of Managerialist published the article "China's Duality" by Dr. Edward Tse, Managing Director, Greater China. In the article, Dr. Tse pointed out that, although China is losing its low-cost advantage, its dual role of having a huge domestic market along with being a major exporter still puts China in a unique position that few other markets can claim.
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"Why Some Companies Are Making the Wrong Moves"
The April 13, 2009 edition of The Founder published the article "Why Some Companies Are Making the Wrong Moves" by Dr. Shumeet Banerji, CEO of Booz & Company. In the article, Dr. Banarji analyzed the reasons why corporations are struggling to deal with the economic crisis. Dr. Edward Tse, Managing Director, Greater China, also commented on China's current situation during an interview with the magazine.
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"Moving to China"
The April 10, 2009 edition of China International Business interviewed Andrew Cainey, Partner, Greater China, on the topic of foreign banks. According to Cainey, foreign banks face a number of challenges in their attempts to run their rural operations as sustainable businesses.
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"Dr. Edward Tse Addresses Tsinghua University IMBA Students"
On April 7, Dr. Edward Tse, Managing Director, Greater China, was invited to deliver a speech, titled "How to Successfully Manage Change" to the IMBA students at Tsinghua University.
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"Crisis Calls for Strong Leadership"
The April 5, 2009 edition of China Entrepreneur published the article "Crisis Calls for Strong Leadership" by Dr. Edward Tse, Managing Director, Greater China. Dr. Tse highlighted that in the midst of an economic crisis, the Chairman of the Board, as head of corporate leadership, needs to remain calm. When addressing challenging issues like cash flow management, cost management and staff motivation, leadership should be strong and act with resolve.
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"The Demise of the Feiyue Group"
The April 1, 2009 edition of Directors & Boards published the article "The Demise of the Feiyue Group" by Dr. Edward Tse, Managing Director, Greater China. In the article, Dr. Tse highlighted that the bankruptcy of the group was due to its blind pursuit of diversification.
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"Is China Still Attractive"
The April 1, 2009 edition of China New Time published the article "Is China Still Attractive" by Dr. Edward Tse, Managing Director, Greater China. Dr. Tse pointed out that China is losing its low-cost advantage as a result of changes in policy and market environment. However, the unique advantage of the "dual" role of China is still attractive for multinational companies operating in China.
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"Reflections by Hong Kong's Manufacturing Industry in the Midst of Financial Crisis"
The April 1, 2009 edition of Hong Kong Economic Journal published the article "Reflections by Hong Kong's Manufacturing Industry in the midst of Financial Crisis" by Dr. Edward Tse, Managing Director, Greater China. In this article, Dr. Tse pointed out that the challenges faced by the Hong Kong manufacturing industry are not a result of the current crisis. The current crisis merely brought to surface long-hidden problems and the industry can no longer rely on its original business model to resolve these issues.
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"Despite Economic Downturn, American Companies Are Increasing Their Investments in China"
Asia Week interviewed Dr. Edward Tse, Managing Director, Greater China, in its March 29, 2009 edition on topics of multinational manufacturers. During the interview, Dr. Tse expressed that more and more multinational manufacturers are beginning to realize the importance of China's "dual" role as an immense market as well as a key position in exports to other countries.
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"Edward Tse: Overseas Expansion, Capturing Markets Is More Critical Than Just Getting Resources"
China Times interviewed Dr. Edward Tse, Managing Director, Greater China, in its March 27, 2009 edition on the topic of overseas M&A for Chinese enterprises. Dr. Tse said that the current overseas expansion was very different from the overseas expansion following the Asian financial crisis in 1997. Companies should be more strategic, not only focusing on acquisition of resources, but more importantly, on capturing market and management skills.
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"China, Oasis in Global Downturn"
The March 20, 2009 edition of HK Wenweipo quoted research report "China Manufacturing Competitiveness 2008-2009" from Booz & Company. According to the report, the China market presents new opportunities for multinational companies and these companies should take advantage of this and forge new grounds with China for future success.
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"Dr. Edward Tse Addresses MBA Students and Alumni from the Chinese University of Hong Kong"
On March 11, 2009, Dr. Edward Tse, Managing Director, Greater China, was invited to deliver a speech, titled "China's Evolving Competitiveness in the Midst of the Financial Crises" to MBA students and alumni at the Chinese University of Hong Kong.
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"DNA of Resilient Manufacturing Enterprises"
The March 2, 2009 edition of 21st Century Business Herald cited the insights of Dr. Edward Tse, Managing Director, Greater China, on enterprise resilience. During the interview, Dr. Tse indicated that, amongst the seven types of organizational DNA, resilience is the one with the best prospects.
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"Developing MAX-MIN Strategy"
21st Century Business Herald, in its March 2, 2009 edition, interviewed Dr. Edward Tse, Managing Director, Greater China, on the strategy for multinational manufacturing companies in China. During the interview, Dr. Tse said that companies that focused on improving product quality and technology innovation while actively exploring domestic market would enjoy wider room for development in the future.
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"Financial Crisis to Strengthen the Position of Manufacturing in China"
Economic Observer, in its March 2, 2009 edition, interviewed Dr. Edward Tse, Managing Director, Greater China, on the strategy for multinational manufacturing companies in China. During the interview, Dr. Tse said that pursuing the dual roles as "domestic sales + export" would be a continuous development trend of which multinational manufacturing companies seek in China.
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"Resilience-based Risk Management Capability"
The March 1, 2009 edition of 21 Century Business Review published "Using Resilience as a Defense Mechanism" by Dr. Edward Tse, Managing Director, Greater China. Dr. Tse pointed out that, under the context of economic globalization, it is only by building resilience and developing an integrated defense and offence strategy that companies can safeguard themselves from the unavoidable risks arising from operational interdependencies.
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"Focusing on Organizational Soft Power"
The March 1, 2009 edition of Managerialist published "Focusing on Organizational Soft Power" by Dr. Edward Tse, Managing Director, Greater China. The article stated that Chinese companies, as part of their development strategy, should strive to build on soft power and become respected companies at home and abroad, rather than simply relentlessly pursuing hard power.
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"Implications of Fuel Tax Reform to Chinese Economy"
The March 1, 2009 edition of China Logistics and Purchasing published "Implications of Fuel Tax Reform to Chinese Economy" by Jeff MacCorkle, Partner, Fushing Pang, Executive Advisor, and David Artero, Senior Associate. The article stated that for many years the Chinese government had planned to reform the fuel tax system, but it had not been able to implement policies until the recent slump of oil prices.
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"Standard Chartered Bank Heading to the Countryside"
The March 1, 2009 edition of CEIBS Business Review quoted Andrew Cainey, Partner and Head of Financial Services practice, Greater China, for his insights on the rural banking sector. He said that scale is an essential competitive edge for rural banks.
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"What CEOs Should Do on Top of Salary Reduction"
The March 1, 2009 edition of China Entrepreneur published the article "What CEOs Should Do on top of Salary Reduction" by Dr. Edward Tse, Managing Director, Greater China. The article highlighted that in addition to salary reduction, Mr. Ma Mingzhe would need to focus on five other critical areas to lead Ping An through this crisis.
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"How Public Opinions on the Internet in China Impacts Enterprises"
The March 1, 2009 edition of HK Economic Journal published "How Public Opinions on the Internet in China Impacts Enterprises" by Dr. Edward Tse, Managing Director, Greater China. The article stressed that companies can not afford to be indifferent to the escalating impact of the Internet.
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"An Outsider's Perspective on Strategy of Chinese Banks"
The March 1, 2009 edition of Corporate Finance published "An Outsider's Perspective on Strategy of Chinese Banks" by Andrew Cainey, Head of Financial Services practice, Greater China. The article analyzed the new opportunities and landscape that Chinese financial institutions had faced before and would face after the financial crisis.
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"What's Needed for Sustainable Development"
The March 1, 2009 edition of Manager published "What's Needed for Sustainable Development" by Dr. Edward Tse, Managing Director, Greater China. The article suggested how to leverage opportunities as China evolves into a domestic demand-driven economy.
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"Dr. Edward Tse attends New Environment For Foreign Investment In China Summit"
On February 19, 2009, Dr. Edward Tse, Managing Director, Greater China, delivered a keynote speech, titled "New Challenges and Opportunities Faced by Foreign Investment Companies in China", at the 3rd New Environment For Foreign Investment In China Summit organized by GIC.
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"Dr. Edward Tse Attends China Entrepreneur Forum"
On February 8, 2009, Dr. Edward Tse, Managing Director, Greater China, attended the 9th Summit of China Entrepreneur Forum. At the forum, Dr. Tse indicated that Corporate Social Responsibility (CSR) played an important role in blue civilization. With increasing relevance to key stakeholders, CSR is a prerequisite for business survival, and could present invaluable benefits to companies.
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"Smart Power: New Tool in Executive's Hands"
The February 3, 2009 edition of China Business News interviewed Dr. Edward Tse, Managing Director, Greater China, on the topics of "Soft Power" and "Smart Power". Dr. Tse believed that the lack of soft power was holding Chinese enterprises back from building smart power.
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"Getting Ready for the Upcoming Recovery"
The February 1, 2009 edition of Directors & Boards published the article "Getting Ready for the Upcoming Recovery" by Dr. Edward Tse, Managing Direct