MBA in China

CKGSB is designed as one of the most important business schools in China with the high-quality MBA program. CKGSB puts the cost per annum at around INR 4,00,000 to INR 4,50,000 which makes the total tuition fee to be between INR 23,00,000 to INR 25,00,000 While Wuhan University is comparatively more cheaper the education divine at CKGSB is more comprehensive and international in approach. Its MBA programme has placed it among the top 10 MBA schools in Asia with over 10,000 MBA alumni scattered across the word. I understand that Wuhan University as a comprehensive university with emphasis on research but, the MBA programme that it has may not give it the same level of visibility or opportunity to link up to the international business world as what CKGSB has.

Depends on what you are looking for. Knowledge-wise, you'll fare much better at North American or top European universities if you can get into one. When I was at Peking University for exchange, which together with Tsinghua University have the arguably best MBA programs in China, a common topic among MBA exchange students was how low the level of education was. Some courses were very good and demanding, especially those given by American professors, but many underwhelming. The general approach was case-based but the level of discussions wasn't great because a lot of the local students didn't speak great English or simply refrained from participating while the focus of the exchange students was usually on partying and traveling. Note that this all only applies to the English-speaking programme. Chinese school don't have much experience in MBAs because traditional Chinese education is mostly about top-down teaching and less about group or independent work, which are both central to any decent MBA programme. There are some cases where I think a MBA in China would be worth it:
Building a professional and personal network in China. This is the main reason for most people. Saving money. China is cheap and the programme isn't too expensive either. Getting to know the country. You'll have plenty of time to travel. You are Chinese and want to have Peking University or Tsinghua University on your CV without having been able to get in as an undergraduate student. If you want to attend a MBA in Beijing, Peking University is more qualitative whereas Tsinghua is supposedly more quantitative.