Managing The Dragon

“Feb. auto sales jump 27 percent, top expectations,” the Reuters headline screamed to readers. Sitting here in China, of course, headlines like this are the rule, not the exception. China’s auto industry has been on a tear, with sales ratcheting up well beyond what anyone could have imagined just a few years ago. The interesting [...]

BYD and Geely have been the darlings of China’s auto industry. BYD, which its Chairman, Wang Chuanfu, says stands for “Beyond Your Dreams,” has received a great deal of media attention due to the large investment in the company made by billionaire Warren Buffet and its leadership position in electric vehicles. And, Geely broke the [...]

Edward C. Prescott, the Economics Chair at the W.P. Carey School of Business at Arizona State University, knows a thing or two about macroeconomics. In addition to his work at ASU, Prof. Prescott is a senior monetary advisor at the Minneapolis Federal Reserve Bank and was awarded the Nobel Prize in economic sciences in 2004. [...]

The team at JFP Holdings had the honor of working with Wang Xia, Chairman of the Automotive Committee of the China Council for the Promotion of Trade, over the past year to organize the inaugural Global Auto Forum (“GAF”), which was held in the city of Chengdu in the People’s Republic of China last Thursday [...]

As the dawn of the new century, a new technology promised to fundamentally change global economics. Government leaders in the United States and China, the two largest economies in the world, believed that companies from their respective countries should lead in the development of this new technology. By 2010, two national champions, one from each [...]

In countries like the United States, trends in auto sales tend to tell a great deal about where the economy is headed. As large-ticket purchases, car sales are dependent upon consumer confidence. If consumers are not optimistic, they will hold off on spending such large amounts of money. If they are confident regarding their jobs [...]

In April, the American Chamber of Commerce in China, which represents 1,200 U.S. companies, issued a report saying that China is increasingly using discriminatory rules to reduce access to previously open areas of its economy and to promote its own technology industries. The report highlighted complaints about efforts to nurture China’s computer and other technology [...]

Since our last post, the video for the panel discussion, Speeding Ahead: China’s Auto Industry, held at the JP Morgan China Conference 2010, has become available. I had the opportunity to participate on this panel with Michael Dunne, President of Dunne & Co. and Dr. Enki Tan, Executive Chairman of GITI Tire. The video runs [...]