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Author Archives: J. DEVAN
A Consumer Paradigm for China
The development paradigm that brought China two decades of rapid growth and lifted millions of people out of poverty is reaching the limits of its utility. Well before the US credit bubble imploded, China’s leaders recognized that this old economic … Continue reading
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A Review of the Impact of the Financial Crisis on Asia
The global slowdown has negatively affected Asia’s trade and capital flows. This has led to a rapid economic slowdown in Asia especially given the importance that trade and investments are to GDP growth in the region. To limit the depth … Continue reading
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Preparing for China’s Urban Billion
The McKinsey Global Institute (MGI) launched a major initiative two years ago to study the evolution of urbanization of China and to derive insights into how this process will develop. More than 20 consultants and experts have explored the global … Continue reading
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China in 2009 – Battling the Storm
The Chinese government announced an aggressive 4 trillion renminbi stimulus package to pump-prime the economy. Since then, a number of questions have centered on this fiscal package. Where would the capital come from? How would it be spent? When would … Continue reading
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China’s Land Reform
On October 12 2007, China enacted a landmark rural land-use reform policy that is likely to mark a critical turning point in China’s economic and social development. For the first time, farmers will be granted official land-use right certificates and the … Continue reading
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China – New Environment New Expectations
The continuing deterioration of global economic conditions has many observers wondering what is in store for China. How will China’s financial and non-financial sectors cope in 2009? What are the most important economic and financial factors we should continue to … Continue reading
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Perspectives on the Impact of the Financial Crisis in Asia
Since September of this year, the global financial crisis has grown in severity and extended dramatically into Asia, impacting equity markets, financial systems, and the real economy. What does this all mean and what should companies and financial institutions do? … Continue reading
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China’s Post-Olympics Economy: Sustaining momentum through turbulent times
The Olympic Games in Beijing focused the world’s eyes on China with unprecedented intensity. Generally regarded as a spectacular success, the Games are now over and China returns to business-as-usual. This gives us an opportunity to take stock of the … Continue reading
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Meeting the Challenges of China’s Growing Cities
China’s dramatic economic growth is intensifying the challenges of urban policy. Mass migration to the cities is leading to urban sprawl, the loss of arable land, and spiraling demand for energy and natural resources, as well as contributing to the … Continue reading
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What Really Influences Corporate Performance?
Corporate performance is often described as an effect of just two factors: where and how a company competes – or, more formally, its industry and its capabilities. Debate over the relative importance of these two factors has proved heated and … Continue reading
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