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17-07-2020

Pinduoduo and Luckin Coffee show China's corporate governance dilemmas

Investors often have concerns when the CEO and chairman are the same person, because it suggests a lack of checks and balances, so it was noteworthy that Colin Huang, founder of Pinduoduo, a front-runner in China's online retail market, said that his new focus would be corporate governance. In light of this and the Luckin Coffee scandal too, important questions arise: how effective is corporate governance in China now, and how can it be improved? Li Jiao, Partner at BUREN N.V., wrote an interesting Op-ed article in the Asian Nikkei Review. For the full article please click here

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