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IBM

This tag is associated with 6 posts

IBM signs up to help fight China’s war on smog


IBM Corp has signed an agreement with the city of Beijing to use advanced weather forecasting and cloud computing technologies to help tackle the Chinese capital’s persistent smog. After a series of pollution scares and scandals, China’s central government has promised to reverse some of the damage done to the nation’s sky, rivers and soil … Continue reading

China gets tougher on foreign companies; foreign companies leave


Life is getting tougher for foreign companies. Those that want to stay will have to adjust. According to the late Roberto Goizueta, a former boss of The Coca-Cola Company, April 15th 1981 was “one of the most important days…in the history of the world.” That date marked the opening of the first Coke bottling plant … Continue reading

Accounting risk clouds big U.S. business bets in China


Tales of shady business practices abound in China – fake revenues, phoney invoices, sham factories – but until recently, the problem seemed confined mostly to Chinese companies. No longer. Concern is growing about risks to U.S.-based multinationals in a country where American audit regulators are locked out by the Chinese government and bribery and fraud … Continue reading

Chinese/American relations: The shape of things to come


The last week has seen both the US and China flexing their respective economic muscles, as both countries show signs of growing awareness that their relationship will be the most significant defining factor for the geopolitical order for the foreseeable future. As the last US presidential debate showed, America’s future stance on China is likely … Continue reading

A Chinese megacity is on the verge of bankruptcy


While most “developed world” people have heard of Hong Kong and Macau, far fewer have heard of China’s province of Guangdong, which is somewhat surprising. With over 100 million people, a GDP of nearly $1 trillion – the biggest of all Chinese provinces, this South China Sea adjacent territory is perhaps China’s most important economic dynamo. … Continue reading

The China challenge: why mergers and acquisitions often fail


Most industries are far more fragmented in China than in developed countries. Each city or province may feature a full portfolio of breweries, pharmaceutical makers and real estate developers – a vestige of central planning and China’s lack of nationwide sales and distribution networks. Since reforms began in 1978, however, Chinese industries have begun folding … Continue reading

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