Online shopping in China Single’s Day or Guanggum Jie; is a shopping holiday popular among Chinese that celebrate their pride in being single. The date November 11th (11/11) represents a person who is alone. This is an annual 24-hour sale hosted by Alibaba Group. Think Cyber Monday or Black Friday. Alibaba smashed through its Singles’s […]
On January 2, China became the third country to land on the moon and the first to land on the far side, surprising many in the scientific community. While making it to the far side of the moon – more popularly known as the “dark side” thanks to Pink Floyd – is an impressive feat, […]
The widely held view of China is that its spectacular economic success contains the seeds of its economy’s imminent collapse. This may be a kind of anchoring bias, which influences views of the Country, as well as stories in the media. China no doubt appears to have an economy unlike others. The standard rules of development haven’t […]
Despite the recent trade conflict between China and the USA, China has become one of the most attractive destinations for investors. However, because of its unique political system, China is still not a fully open market, especially for foreigner investors. China has many state-owned companies who are usually monopolies in their industries. In addition, some […]
As a successful warehouse club in North America, Costco was famous as its membership and lower price. China, the most favorable market for every company in the world, has rapidly developed in the retail industry in recent years. Costco is seeking to open the first physical retail store in Shanghai, but the different consumption concept […]
Tilting Tides in the Global Recycle vs. Trash Trade Market Do you ever wonder where your recycling goes when you toss your milk carton in the green bin? Since January 1st, 2018, it probably has not been making its way to China. The US has historically sent plastics to China. China adds value to the […]
As of November 1st, 2016 Yum China Holdings Inc. became a licensee of Yum! Brands in China’sMainland. With this partnership, Yum China has exclusive rights to Yum brands like KFC, Taco Bell and Pizza Hut. Yum China currently has 8,200 locations in 1,200 cities throughout China, with goals of reaching 20,000 locations. Discussions have begun between […]
This week, the Chinese government has announced that rainbow trout can be sold as salmon in China. It was reported in early 2018 that this practice was common in China for years. Rather than criminalizing or at least discouraging this practice, the China Aquatic Products Processing and Marketing Alliance has legitimized the sale of trout […]
The World’s Leader China is the world’s largest agricultural economy. It produces, imports, and consumes more food than any other country in the world. As the World’s largest food producer, China offers significant opportunities for agricultural equipment manufacturers. On the other hand, Chinese government policies present equally significant challenges to international companies attempting to capitalize […]
Google decided to suspend operations for search services in the China after a slew of sophisticated cyber attacks in 2010. CEO Eric Schmidt defended the company’s withdrawal from the Chinese market, calling the government’s attempts to control the internet “egregious”. Accommodating government regulations meant Google would need to censor content. Schmidt felt that this made […]