From Click to Boom: The Political Economy of E-commerce in China
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The past decade has witnessed a great digital transformation in China. In 2006, China’s online retail sales were merely 3% of U.S. sales. China now hosts the world’s largest e-commerce retail market with a 40% share of global sales. Mobile pay has taken the country by storm so that even beggars are accepting alms through QR codes. What accounts for the leapfrog development in China’s e-commerce market? What are the larger implications of the rise of this 700-million-user online market? This talk will discuss the institutional foundation of China's giant e-commerce market, as well as its political and economic effects.
This event is part of Shorenstein APARC's winter webinar series "Asian Politics and Policy in a Time of Uncertainty."
Via Zoom Webinar. Register at: https://bit.ly/38yUFdn
Hau L. Lee is the Thoma Professor of Operations, Information and Technology at the Graduate School of Business at Stanford University. He was the founding faculty director of the Stanford Institute for Innovation in Developing Economies (SEED), and is the current Co-Director of the Stanford Value Chain Innovations Initiative. Professor Lee’s expertise is on global supply chain management and value chain innovations. He has published widely in top journals on supply chain management. He was inducted to the US National Academy of Engineering, and elected a Fellow of MSOM, POMS; and INFORMS. He was the previous Editor-in-Chief of Management Science. In 2006-7, he was the President of the Production and Operations Management Society. His article, “The Triple-A Supply Chain,” was the Second Place Winner of the McKinsey Award for the Best Paper in 2004 in the Harvard Business Review. In 2004, his co-authored paper in 1997, “Information Distortion in a Supply Chain: The Bullwhip Effect,” was voted as one of the ten most influential papers in the history of Management Science. His co-authored paper, “The Impact of Logistics Performance on Trade,” won the Wickham Skinner Best Paper Award by the Production and Operations Management Society in 2014. In 2003, he received the Harold Lardner Prize for International Distinction in Operations Research, Canadian Operations Research Society. Professor Lee obtained his