The Australian Graduate School of Management (AGSM) at the University of New South Wales Business School in Sydney is preparing its students for this expansion with international excursions to both mainland China and Hong Kong—one of a roster of International Business Experiences (IBEs) that AGSM runs for MBA students.

“Every day [of the trip] we visit several diverse businesses, including Australian businesses in China, Chinese local businesses, governments, academics, and local students,” Jane says.

“This year, we went to BASF, which is one of the world’s largest chemicals manufacturers, as well as Huawei, one of the largest Chinese high-tech firms.”

“Within China they have many different markets. This year we went to Beijing, which is the ancient capital and the center of politics; then we flew to Shenzhen, which was the first city that was opened up to the west and now the hub of innovation in China. Beijing locals speak Mandarin and Shenzhen locals speak Cantonese.