State-controlled Sinochem is a veteran in foreign trade, with 60 years of history in the industry. The firm has plenty to show for its experience, having pulled off a record performance over the last decade. In 2011, Sinochem's operating income passed 400 billion RMB ($63 billion USD), increasing more than 30% year-on-year. CEO Liu Deshu has transformed the company into a diversified conglomerate, establishing Sinochem in the energy, agriculture, chemicals, real estate, and finance sectors, while also turning the company into an globally competitive enterprise. Sinochem has placed on Fortune's Global 500 ranking of the world's largest enterprises for 20 consecutive years and continues to climb the list.
The dean of the Guanghua School of Management, Hongbin Cai, thinks China's B-schools can churn out entrepreneurs - by emulating the U.S.
