CAI HONG­BIN

China Daily (Canada) - - EXPATS -

im­pact on the in­ter­na­tional stage also. So Guanghua is one of the first places that comes to mind when for­eign stu­dents and aca­demics think about busi­ness ed­u­ca­tion.”

Cai, who also sits on the boards of China Uni­com and China Ever­bright Bank, be­lieves the cur­rent de­bate as to whether there is now a new form of man­age­ment think­ing that is dis­tinctly Chi­nese is over­stated.

“There is this de­bate as to the Western and Chi­nese mod­els of do­ing busi­ness, but I think the re­al­ity is that there are a lot of com­mon prin­ci­ples in busi­ness you sim­ply copy what you do in one coun­try in another would be too naive and un­likely to suc­ceed.”

De­spite be­ing against at­tempts to achieve a par­tic­u­lar growth tar­get at all costs, he is not op­posed to some of the re­cent stim­u­lus mea­sures taken by the gov­ern­ment, which he said have been in re­sponse to weak ag­gre­gate de­mand.

He said part of the prob­lem was the tight macroe­co­nomic poli­cies fol­lowed in the three years up to 2014.

“I think part of the rea­son we

WANG ZHUANGFEI / CHINA DAILY

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