PM Edition: Top 10 Business Articles on LiveNews.co.nz for October 14, 2026 – Full Text

HONG KONG SAR – Media OutReach Newswire – 13 October 2026 – On October 13, the CICC Global Institute (CGI) held its 2026Q4 Macro Forum in Bangkok, Thailand, under the theme “China’s Economy amid Global Rebalancing: New Paradigms and New Industries”. The forum featured welcome remarks, keynote speeches, two thematic dialogues and an evening discussion session.

Yanliang Miao, Chief Economist and Senior Managing Director of CICC, shared his insights on China’s economic transformation and the evolving international monetary order in his opening remarks and keynote speech. He noted that understanding China requires a global rebalancing perspective, considering both the dynamism of emerging industries and the implications of the transition from old to new growth engines for jobs, incomes and demand. Alongside its green and digital transitions, China is also working toward a growth model supported by higher household incomes and services-led consumption. Turning to the international monetary order, he observed that shifts in the global economy, trade networks and financial technology are driving the evolution toward a more diversified international monetary system. Economic and trade strength do not automatically translate into international currency status: institutional credibility and the depth and breadth of financial markets remain central to understanding this evolution and the internationalization of the renminbi.

Huimin Wu, Executive Dean of CICC Global Institute and Deputy Head of Research Department at CICC, noted that, as discussed in The New Pattern of Dual Circulation, a book jointly published this year by CICC Global Institute and CICC Research Department, China’s economy is entering a new stage of development. Its trade and outward investment are undergoing a paradigm shift, while emerging industries are becoming increasingly important drivers of growth in the global economy. These changes are both part of the broader process of global economic rebalancing and deeply shaped by it, giving rise to a new pattern of interaction between China and the global economy.

The forum brought together experts and industry representatives from institutions including the International Monetary Fund (IMF), ASEAN+3 Macroeconomic Research Office (AMRO), Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University, National University of Singapore, ICBC Standard Bank, Wood Mackenzie, and NSQ Capital. Discussions focused on the transformations of China’s trade and outward investment and their global implications, as well as the prospects for emerging industries such as innovative pharmaceuticals, green energy, and artificial intelligence.

This marked the first time the CGI Quarterly Macro Forum was held in Southeast Asia. Taking place during the week of the IMF and World Bank Annual Meetings, amid international discussions on global economic opportunities and challenges, the event brought Chinese perspectives to the global conversation and offered Chinese insights into key issues concerning China’s economy that are of broad international interest.

As an important part of CGI’s ongoing efforts to strengthen international exchanges, present China’s perspective, and foster a deeper understanding of China’s economic transformation process, the event was an innovative exploration. Looking ahead, CGI will continue to deepen its international engagement and work toward building an international dialogue platform focused on China’s economy, contributing to greater mutual trust and consensus, and playing a positive role in this cause.

Hashtag: #CICC

About CICC

China International Capital Corporation Limited (CICC, 601995.SH, 3908.HK) was founded in 1995. Our experience in professional services includes leading several prominent transactions, reflecting our close involvement in China’s economic reform and development. Our vision is to become a first-class investment bank with international competitiveness. Our extensive network and cross-border business practices have enabled us to offer high-quality, value-added financial services to a diversified client base. This includes a full-service and balanced business model that offers investment banking, equities, FICC (Fixed Income, Currencies and Commodities), asset management, private equity and wealth management services, all of which draw on our comprehensive research and technology capability. Headquartered in Beijing, the Group has over 200 securities business offices in China, and established subsidiaries or branches in places including Hong Kong SAR, New York, London, Singapore, Frankfurt, Tokyo, Ho Chi Minh City and Dubai. As an investment bank with Chinese roots and an international reach, we are committed to providing first-rate financial services to both our Chinese and global clients to help them achieve their goals.

Source: Sprocket Digital

13 October 2026

New Zealand is underprepared for what could be the largest shift in online consumer behaviour since Google became the dominant gateway to the internet, with Kiwi businesses potentially needing to invest more than $300 million over the next five years to remain visible to consumers, according to a digital marketing expert.

The warning follows new research showing AI is already changing how Kiwi consumers find and assess products. A survey of 1,000 consumers who had used AI while shopping found 44% had reduced their use of conventional search engines, while 64% were using AI to compare products and prices and 62% to research planned purchases.¹

Jono Swanston, Sprocket Digital GM, says the rapid adoption of AI search is set to outpace the ability of New Zealand businesses to adapt, potentially leaving local firms less visible than better-prepared international competitors.

Swanston says their research suggests New Zealand businesses could collectively need to invest hundreds of millions of dollars adapting websites, editorial content, and digital strategies to remain competitive as consumers increasingly use platforms such as ChatGPT, Gemini and Claude to research products and services.

Swanston says the transition is fundamentally changing the way businesses need to think about online visibility.

“Historically, someone might go to Google and search for something very simple such as ’emergency plumber Auckland’. In contrast, AI search is prompt-oriented, so that same person might describe exactly what type of plumber they need, where they are, what type of property they have and what problem they are trying to solve.

“That means businesses need enough relevant information online for an AI platform to understand not simply what they do, but where their expertise lies and when they should be recommended over a competitor.

“The concern for New Zealand is that consumers are moving in this direction faster than many businesses are preparing for it,” he says.

Swanston says the consequences could extend beyond the loss of website traffic, with AI increasingly determining which businesses make it onto a consumer’s initial shortlist.

Instead of presenting consumers with pages of links, generative AI can analyse information from multiple sources and provide a concise recommendation or comparison within its answer.

For New Zealand exporters and e-commerce businesses, Swanston says this could expose them to significantly greater international competition.

“Geography provides less protection when AI is comparing businesses globally. New Zealand companies are already competing online with very large international marketplaces and businesses with much greater resources. If those overseas companies are better understood and more visible to AI platforms, local businesses could simply be left out of the answer.

“That has the potential to translate into a significant loss of revenue for New Zealand businesses and more consumer spending moving offshore,” he says.

Swanston says the shift is also changing what businesses need from their websites.

“Most existing sites will not need to be completely rebuilt, but may require technical changes to make information easier for AI systems to access, along with substantially richer content designed around the questions customers are now asking.

“You can retrofit an existing website. There are technical components in the backend, but a major part of it is the quality and structure of the content.

“The old approach of putting a particular keyword in the right places and trying to rank number one is no longer enough.

“Businesses need to answer a much broader range of questions and make it very clear what they do, who they do it for, where they operate and what makes them relevant to a particular customer need,” he says.

Swanston says companies will also increasingly need to consider what is being said about them on websites they do not control.

International analysis of more than 25 million links cited by ChatGPT, Claude and Gemini across 17 industries found 84% of AI citations came from earned media, with journalism alone accounting for 27% of cited sources. Paid and advertorial content represented just 0.3%.²

Swanston says the trend could provide an unexpected boost to the strategic importance of news media as AI search grows.

“Businesses have always been able to make claims about themselves on their own websites, but an independent source saying something about that business provides another level of validation.

“News coverage can give AI systems context about what an organisation is known for, which industry it operates in, who its experts are and whether its claims are supported by independent sources.

“That means the value of a credible media article may increasingly extend well beyond the people who read it when it is first published,” he says.

The research found journalism citations were spread across more than 20,000 different media outlets rather than being concentrated solely among a handful of major international publishers.

Industry trend questions were also found to generate more than twice as many journalism citations as how-to questions, suggesting specialist and topical reporting may have particular value when AI platforms answer more complex queries.³

Swanston says this could increase the influence of national, regional and specialist trade media as consumers increasingly rely on AI to research industries, companies and products.

“AI needs information it can trust and put into context. Good journalism is usually clearly attributed, dated, focused on a particular subject and based on independent reporting or expert sources.

“Those are valuable signals when an AI platform is trying to work out what information it should use to answer somebody’s question.

“For media, there could be an opportunity here. A story may increasingly influence not only the direct audience of that publication but also the answers generated by AI platforms later,” he says.

Swanston says there is, however, a potential downside for publishers as AI accelerates what the digital marketing sector describes as the “zero-click economy”.

AI platforms and Google’s AI-generated search results can provide consumers with information directly, potentially reducing the need to click through to the original source.

“We’re moving into an environment where information can be taken from a website and incorporated into an answer without necessarily generating the website visit that would historically have followed.

“So news media could become more influential as an information source while at the same time having to work out how to capture the commercial value of that influence,” he says.

Swanston says another challenge for New Zealand will be finding enough skilled people to help businesses make the transition.

While generative engine optimisation (GEO) remains closely linked to traditional search engine optimisation skills, he says the technology is developing so rapidly that much of the specialist capability will need to be developed within agencies and businesses.

“If demand accelerated dramatically, I don’t think there would be enough experienced people sitting in the market waiting to be hired.

“We would need to bring graduates and other talented people in earlier and train them into these skills.

“The challenge is that the technology changes so quickly. You can design a course around what is happening today and parts of it may already have changed by the time that programme is delivered,” he says.

Swanston says businesses can begin assessing their own position by asking AI platforms the same questions prospective customers might use.

“If you are an accountant, tourism operator, manufacturer or retailer, ask ChatGPT or another platform the questions your customers are likely to ask and look at which businesses are being recommended.

“Then ask yourself whether you appear, whether the description of your business is accurate and why your competitors are appearing ahead of you.

“That is probably the simplest indication of whether you have a visibility problem,” he says.

Swanston says the next stage of AI adoption could make the issue even more significant.

PwC research found 31% of New Zealand consumers surveyed were already comfortable allowing an AI agent to complete purchases on their behalf.⁴

Swanston says this points towards a future in which businesses may compete not only to be found by consumers but also to be selected by AI systems acting for them.

“Today the question is whether ChatGPT recommends your product or your business. The next phase is potentially an AI agent comparing the options, making the selection and completing the transaction for the customer.

“At that point, being invisible to AI could mean being excluded from the purchasing process altogether.

“This is why New Zealand businesses need to treat AI search as more than another SEO update. It is a structural change in how consumers find, compare and ultimately choose who they buy from,” he says.

Endnotes

• PwC New Zealand, The AI-powered consumer: How shopping behaviour is changing in New Zealand — https://www.pwc.co.nz/insights-and-publications/2026-publications/the-ai-powered-consumer-how-shopping-behaviour-is-changing-in-nz.html
• What is AI reading? Generative Pulse — https://generativepulse.ai/report/
• What is AI reading? Generative Pulse — https://generativepulse.ai/report/
• PwC New Zealand, The AI-powered consumer: How shopping behaviour is changing in New Zealand — https://www.pwc.co.nz/insights-and-publications/2026-publications/the-ai-powered-consumer-how-shopping-behaviour-is-changing-in-nz.html

Source: Rātā Foundation

Rātā Foundation has welcomed four new trustees to its Board, following appointments announced by Associate Finance Minister Shane Jones.

Pete Floris, Pat McEvedy, Lynette Rayner and Erin Reeve have been appointed for terms of up to four years. The new trustees bring a breadth of experience across governance, business, finance, fundraising, community leadership and the primary sector.

Board Chair Josiah Tualamali’i says the appointments will add to the Board’s governance capability and support Rātā Foundation’s focus on strengthening communities and enabling long-term positive impact across its funding regions. “We are pleased to welcome Peter, Pat, Lynette and Erin to the Rātā Foundation Board. Each brings valuable experience, strong community connections and a commitment to making a positive difference.

“Their perspectives and expertise will complement the skills of our continuing trustees as we guide Rātā Foundation’s long-term investment and support for communities across our four funding regions.”

New trustees

• Pete Floris brings senior commercial and financial leadership experience from New Zealand’s primary sector.
• Pat McEvedy is an experienced director, farmer and community leader whose governance background spans agriculture, infrastructure, local government and community development.
• Lynette Rayner is a professional director, accountant and trustee with governance experience across business, health, sport and community organisations.
• Erin Reeve brings experience in fundraising, education and stakeholder engagement, including leadership roles within the education and heritage sectors.

The appointments follow the departure of Philippa Burns, Judene Edgar, Dr Sharon Gemmell and Dr David Ivory from the Board.

Mr Tualamali’i says the outgoing trustees have each made a valued contribution to Rātā Foundation’s governance. “On behalf of the Board, I thank Philippa, Judene, Sharon and David for the time, knowledge and commitment they have contributed during their terms. Their governance experience has helped guide Rātā Foundation’s work and supported its long-term stewardship for the communities we serve.”

Rātā Foundation Board

• Chair: Josiah Tualamali’i
• Peter Floris
• Katie Foote
• David Jessep
• Glenn Livingstone
• Alex Magaritis
• Pat McEvedy
• John Murphy
• Dean Percy
• Lynette Rayner
• Erin Reeve
• Peter Weir

About Rātā Foundation

The South Island’s most significant community investment fund, Rātā manages a pūtea (fund) of around $730 million[1], enabling an investment of around $25 million per annum into its funding regions of Canterbury, Nelson/Tasman, Marlborough and the Chatham Islands. Since its inception in 1988, Rātā has invested over $630 million through community investment programmes to empower people to thrive.

[1] Our investment balance reflects a specific point in time and may fluctuate due to market conditions and other external factors beyond our control.

HANOI, VIET NAM – Media OutReach Newswire – 13 October 2026 – HDBank Chairman Kim Byoungho was named one of Viet Nam’s top 10 outstanding business leaders for 2021-25, receiving the “Outstanding Vietnamese Entrepreneur – Thanh Giong (Saint Giong) Cup 2026” from the Vietnam Chamber of Commerce and Industry (VCCI) on October 11 in Hanoi.

The award features Thanh Giong, symbolising patriotism and community unity.

The triennial programme evaluates 2021-25 business performance across governance, innovation, corporate social responsibility, and ethical standards.

As HDBank’s first foreign chairman, Mr. Kim brings nearly four decades of international financial experience.

Since Mr. Kim became chairman in April 2022, HDBank has grown strongly on every key measure.

Between end-2021 and end-2025, total assets rose 2.5 times to VND931 trillion (US$36 billion), placing the bank among the top eight in the system.

Profit before tax increased 2.65 times to VND21.3 trillion ($822.4 million), taking HDBank into the group of banks earning over VND20 trillion ($772.2 million).

Equity grew 2.54 times to VND78.3 trillion ($3 billion), and market capitalisation rose 2.4 times to VND148.7 trillion ($5.7 billion).

Return on equity improved from 23.3 per cent to 25.3 per cent, keeping HDBank at the top of the sector for several consecutive years.

Moody’s affirmed the bank at B1 with a positive outlook, while Fitch assigned BB-.

As a Korean banker, Mr. Kim has strengthened co-operation between Vietnamese and Korean financial institutions and expanded HDBank’s access to international capital, including issuance of $100 million of green bonds to IFC, FMO and BII before securing a $721 million social loan with ADB and international banks.

Under his leadership, the bank pioneered the adoption of Basel II standards in risk management in 2023 and was recognised as Viet Nam’s top five public company for Best Corporate Governance at the 2025 ASEAN Corporate Governance Awards.

In 2025, S&P Global Market Intelligence ranked HDBank first among Vietnamese banks and second for operational efficiency among Southeast Asia’s top 50 listed banks.

During 2021-25 period, the bank contributed VND16.5 trillion ($637.8 million) to the State budget and disbursed over VND42 trillion ($1.6 billion) in green credit.

Hashtag: #HDBank

Source: ASB Bank

New analysis from ASB economists challenges the widely held view that Kiwi businesses and households put financial decisions on hold in an election year. While confidence does weaken pre-election, business and household activity tends to be more resilient, ASB’s research finds.

ASB economists drilled into business and consumer data including GDP, business investment, filled jobs and vacancy growth, house sales, household spend and discretionary spend, one year each side of general elections from 2005 to 2023.

“Every election year, there’s a narrative that businesses and households sit on their hands, waiting for clarity before cracking on with plans. But economic data across seven election cycles shows this doesn’t stack up,” says ASB Senior Economist Mark Smith.

“In most recent elections, business investment, recruitment, and consumer spending grew faster before, rather than after the election. We didn’t find clear spending bursts post-election to suggest activity had been paused until the results were clear.

“Contrary to the view that businesses freeze hiring and investment in an election year, total business investment grew in the lead up to five of the past seven elections.

“And, despite businesses saying they would hold back on hiring pre-election, employment has usually kept rising in the lead up to voting, except during the GFC and Covid pandemic.”

ASB found business investment, spending, hiring, and household activity in the 12 months pre-election was consistently stronger than sentiment scores alone would suggest.

This resilience could reflect an understanding that standing still has a cost, particularly for businesses, says Mark. New Zealanders have become more experienced in managing volatility, and election uncertainty will likely be outweighed by bigger economic challenges.

“History shows that when our economy has stalled around an election, it’s because of events far bigger than domestic politics,” Mark says. “The only clear election-year activity downturns came in 2008 and 2020, when New Zealand was dealing with the GFC and Covid-19 pandemic. Arguably, the US-Iran conflict and wider global volatility are a much greater threat to New Zealand’s current economic recovery than the outcome on 7 November, and even these pale in comparison to the more significant events that NZ has had to endure.”

While it’s a common belief that sellers wait to list, and buyers wait to act until after an election, ASB’s analysis found little evidence of an election-related slowdown in real estate activity. House building and sales were largely unaffected, and house prices generally unchanged through election periods.

“Housing decisions are usually shaped by life and family changes. People don’t tend to put a house move on hold just because of an election.

“Elections matter, and the policy that follows matter, but they’re only one of many things businesses and households weigh up. The current election race is tight, but history tells us New Zealanders are more pragmatic than the election uncertainty narrative gives them credit for.”

GUANGZHOU, CHINA – Media OutReach Newswire – 13 October 2026 – MetroTrans 2026 will take place from November 9 to 11 at Area D of the Canton Fair Complex in Guangzhou. As one of the three core professional events of Guangzhou Rail Transit Week 2026 (November 8–13), the exhibition is organized by the China Association of Metros (CAMET) .

Established in 2015 with the approval of China’s Ministry of Commerce, MetroTrans serves as a premier international exhibition and exchange platform for the urban rail transit sector. Over the years, it has attracted more than 1,500 exhibitors worldwide and welcomed over 200,000 professional visits. Spanning a planned exhibition area of 50,000 square meters, this year’s edition covers the entire rail transit industry chain and is estimated to convene over 500 exhibitors alongside more than 40,000 trade visitors from over 50 countries and regions across the globe.

The exhibition features six dedicated thematic zones that vertically integrate the entire industry chain: Operations, Maintenance & Existing Line Upgrades; Outdoor Rolling Stock, Vehicle Systems & Equipment Supply Chain; Signaling, Telecommunications & Intelligent Digital Solutions; Infrastructure; Diversified Business Operations; and Talent Education, Scientific Literacy & Study Tours.

During the event, the COMET Guangzhou Annual Meeting 2026, hosted by the Community of Metros (COMET) and organized by Guangzhou Metro, will take place concurrently from November 10 to 13. Managed by Imperial College London and comprising 48 major metro operators worldwide, COMET will convene delegates from 45 member organizations to unveil its annual benchmark findings and advance international technological cooperation as well as standard harmonization. A delegation of senior executives from global metro operators, overseas transit authorities, and industry associations will also travel to China to tour the exhibition and engage in high-level business matchmaking.

The exhibition will also feature a range of interactive public engagement activities, including cultural and creative bazaars, Metro Open Days, and urban rail study tours.

For more information, please visit the official exhibition website
www.metrotrans.com.cn

Organizing Committee Exhibition Enquiries:
Email：metrotrans-sd@railvision.cn, Tel 010-83935722

Hashtag: #MetroTrans2026

Source: Southpac Group

A New Zealand financial services firm administering more than $6.8 billion in assets is expanding into California’s sports and entertainment sector, with a focus on young professional athletes and Hollywood figures whose wealth can climb into the millions almost overnight.

Bay of Plenty-headquartered Southpac Group is moving into the market following approaches from US lawyers seeking asset protection solutions for professional athletes and entertainment figures with rapidly growing wealth.

Mike Arand, Southpac Group CEO, says the California expansion reflects growing demand from US advisers looking for more sophisticated ways to protect the rapidly expanding wealth of clients in sport, entertainment and other high-growth sectors.

“We are seeing increasing interest from advisers whose clients can accumulate substantial wealth very quickly, but whose asset protection measures may not have kept pace with that growth.

“California is a natural market for us because it combines enormous concentrations of private wealth with a highly developed legal and advisory sector. Our strategy is to build relationships with the lawyers, accountants and wealth advisers who are already working with these clients and can identify when more robust asset protection structures such as international trusts may be appropriate.”

The move comes as the amount of wealth generated by elite sport continues to rise sharply, while a growing proportion of that wealth is being generated away from the field through endorsements, investments, business interests and other commercial ventures.

Latest industry estimates show the world’s 50 highest-paid athletes generated around US$4.1 billion over the past year, more than double the US$1.9 billion earned by the equivalent group in 2017.

More than half of this year’s top 50 are aged under 30, while their combined off-field earnings reached a record US$1.1 billion.¹

Matthew Smith, a Southpac Group lawyer and director of business development, says the significance of those figures is not simply that athletes are earning more, but that many are also taking a more active role as investors, business owners and entrepreneurs while they are still competing professionally.

“The modern professional athlete can look as much like an entrepreneur as a highly paid employee, because alongside the playing contract there can be property, private investments, equity stakes, endorsement income and direct ownership interests in businesses.

“That creates a much broader range of opportunities for them to build wealth beyond sport, which is obviously positive, but it also means there are more moving parts in their financial lives and more places where a commercial dispute or legal problem can potentially arise.”

Smith says Southpac’s discussions with US advisers have identified professional baseball, basketball, American football and ice hockey players as potential clients, with the principal concern generally not being litigation arising from what happens during competition.

Instead, he says the greater exposure can come from property investments, private ventures and other commercial deals that often follow a rapid increase in income, profile and access to investment opportunities.

“Someone can be 18 or 19 and suddenly be earning millions of dollars a year, and with that change in circumstances there can also be a very rapid increase in the number of people approaching them with opportunities.

“They may start buying property, taking interests in businesses or investing in private ventures through people in their wider network, and while most will have good advisers around them, their financial affairs can still become very complicated in a relatively short period of time.

“The issue is not that these people do not understand money. It is that their level of wealth and the complexity around it can increase much faster than would normally happen for someone building their assets gradually over 20 or 30 years.”

Economic analysis has estimated California’s annual tort-system costs at around US$72 billion, with the state recording among the highest estimated tort costs per household in the US.²

Smith says the appeal of California is the combination of substantial private wealth and an environment in which litigation is already a routine consideration for many business owners and high-net-worth individuals.

“California has an extraordinary concentration of private wealth across a number of sectors, but it is also an environment where litigation risk is something advisers and their clients are already accustomed to thinking about.

“When those two things come together, asset protection becomes a much more relevant part of the wider conversation, particularly for people who have significant property holdings, private investments or business interests.”

References

• Forbes, Inside the $4.1 Billion Haul by 2026’s 50 Highest-Paid Athletes, May 2026.
• The Brattle Group analysis prepared for the US Chamber Institute for Legal Reform on California tort-system costs.

Source: Visa Inc.

SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, today announced that it has received approval of its Application to Prepare from the People’s Bank of China (PBOC), which allows the company to begin formal preparations to establish a domestic bankcard clearing institution in China. This marks an important milestone toward the company serving China’s domestic payments market.

“The approval of our Application to Prepare marks a significant step forward in Visa’s long-standing commitment to China. We greatly appreciate the important role of the leaders of the United States and China in pursuing a constructive and strategically stable relationship between the world’s largest economies,” said Ryan McInerney, Chief Executive Officer of Visa. “For more than 40 years, Visa has been an active contributor to China’s dynamic payments landscape. We look forward to taking the necessary steps in the process, pursuant to the PBOC’s regulations, to begin operating domestically in China.”

China is one of the world’s most advanced and dynamic digital payments markets, supported by a highly innovative ecosystem and continued commitment to further financial sector liberalization. Visa looks forward to bringing its world-class innovation, security and reliability to Chinese consumers and businesses, contributing to the continued development of China’s domestic payments landscape.

Visa will continue its efforts to complete the process and begin domestic bankcard clearing operations in China.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

View source version on Business Wire.

HONG KONG SAR – Media OutReach Newswire – 13 October 2026 – The Global EMBA programme at China Europe International Business School (CEIBS) has ranked second worldwide and first on the Chinese mainland in the Financial Times (FT) 2026 ranking of the world’s top 100 Executive MBA programmes. It is the only EMBA programme globally to have ranked among the world’s top two every year since 2020.

The result also marks the fifth consecutive year CEIBS has ranked first among EMBA programmes delivered by a single institution, distinguishing it from programmes jointly run by multiple business schools.

The programme performed strongly in career-related measures, ranking fourth for Aims Achieved, fifth for Current Salary, sixth for Salary Increase, seventh for Alumni Network, and eighth for Work Experience.

Co-founded by the Chinese government and the European Union in 1994, CEIBS combines an international outlook with a focus on Chinese business. As Chinese companies expand overseas and international businesses seek to navigate China’s complex market, the programme aims to equip leaders with the cross-cultural understanding and global perspective needed to operate across borders.

For those seeking a deeper understanding of China, the CEIBS Global EMBA offers a gateway to the Chinese market, while for those looking to build stronger connections between China and the world, it provides a distinctive platform for learning and collaboration.

Its global network spans more than 20 destinations across five continents, with exchange partnerships involving nine leading business schools in 10 countries. Participants come from more than 20 countries and regions, and over 35% of the latest cohort live and work outside China, with executives travelling to Shanghai from across the Americas, Europe, Africa, the Middle East and Asia.

The programme’s international community extends beyond the classroom through an alumni network that connects business leaders across markets and industries, fostering cross-cultural understanding and opportunities for collaboration.

Academic excellence underpins CEIBS’ sustained performance. The school has more than 120 professors from around the world, while its case studies are used by more than 1,200 institutions across over 80 countries, extending its research and teaching to a global audience.

Founded in 1995, the CEIBS Global EMBA was the first English-language EMBA programme launched on the Chinese mainland. It continues to bring global management thinking into dialogue with Chinese business practice, preparing leaders to make informed decisions and navigate an increasingly interconnected business environment.

Hashtag: #CEIBS

Source: deVere Group

October 12 2026

Andy Burnham’s push to cosy up to Europe could hand Britain a growth windfall and its wealthiest residents an escape hatch in the same stroke, warns the CEO of deVere Group, one of the world’s largest independent financial advisory organisations.

The comments from Nigel Green come as the prime minister calls on MPs to back closer ties with the EU, after revealing he’s been told Russia did meddle in the 2016 Brexit vote.

He says: “Closer ties with Europe will be good for the economy, there’s no question about it.

“But the same changes that make it easier to do business with Europe also make it easier for people, and their money, to move there. Investors need to factor in both.”

Burnham says Brexit has done more harm than good and refuses to rule out rejoining after the next election.

“What’s really hurt British businesses since Brexit is the extra paperwork, the checks and the delays at the border,” notes Nigel Green.

“Reduce those and you’ll see it come through in exports, in productivity and in how confident companies feel about investing here.”

Recent analysis puts the long term cost of the current deal at around 2.5% of GDP. Closer ties could claw back up to 1.2 percentage points of it.

He continues: “I’d expect markets to take this well. Sterling tends to benefit when the relationship with Europe looks more settled, and British shares have looked cheap compared with their peers for a long time. Closer ties could help change that.

“Any talk of a second referendum will cause some volatility, of course.

“But investors mainly want to know which direction the country is going in, and if that’s clear, they’ll look past the short term noise.”

A government minister says Russia is pouring £1.5bn into disinformation and propaganda this year alone.

“Investors take foreign interference seriously because it goes to the heart of whether institutions can be trusted,” says the deVere CEO.

“Being upfront about it protects the UK’s reputation with international investors.”

But the door swings both ways.

An estimated $160bn of private wealth has left Britain in two years. The top 1% of earners pay around 27% of all income tax. And Britain was forecast to lose 16,500 millionaires last year, more than any other country.

“We’re already seeing entrepreneurs, senior executives and internationally mobile families seriously considering a move abroad as taxes go up,” he says. “It comes up in our conversations every week.

“If moving around Europe becomes easier, that’s one less obstacle for them.

“Closer ties with the EU won’t solve problems of the UK’s own making. If the tax burden keeps rising and the state keeps growing, we risk losing the entrepreneurs and investors the economy depends on, and we won’t attract new ones to replace them.

“Wealthy people and business owners have more choice than ever about where they live and invest, and they’ll go wherever they feel most valued.”

The Conservatives have already vowed to unpick Labour’s moves towards Europe, including a planned food and farm trade deal.

Nigel Green concludes: “Alongside the EU reset, the government needs to get domestic policy right. This means a competitive tax system, a planning process that doesn’t hold projects up for years, and enough stability for businesses to plan ahead with confidence.

“The UK has huge strengths in its talent, its legal system, and its capital markets. Get both of these right and it can be one of the most attractive places in Europe for capital.

“Get only one right and it simply becomes easier for people to leave.”

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.