China is fast becoming an innovative economy, and one of the key changes is the improved climate for start-ups, tells author Shaun Rein of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. Especially in mobile, China is leading, he tells Knowledge CKGSB.Read More →
Yet again eager Chinese customers have to wait to get an official hand on Apple´s new iPhone, while China is Apple´s second largest market. “Apple can not longer treat Chinese as second-hand citizens,” says business analyst Shaun Rein in Nikkei.Read More →
A larger number of foreign companies have been accused of price-fixing. For all the wrong reasons, and based on little proof, argues author Paul French in Ethical Corporation. They include “Unilever, Qualcomm, Mercedes-Benz, Audi, Chrysler, Microsoft, BMW, Nike, a whole bunch of Japanese car parts manufacturers and quite a few other corporations”.Read More →
Chinese consumers bought US$176.1 billion worth of goods online in the first half of 2014, almost 10% of all retail sales. Great potential, admits financial analyst Sara Hsu in The Diplomat, although there are also major barriers for its development.Read More →
The 2013 Fonterra milk scandal has not diminished the aspirations of the New Zealand firm to play a role in China´s dairy industry. This week Fonterra bought 20% stake in Beingmate, a smart move, says retail analyst Ben Cavender to Reuters.Read More →
Innovation and China have not been an obvious combination of the past few decades. US vice-president Joe Biden even challenged us to name any innovation from China. Business analyst Shaun Rein takes Biden on in his upcoming book The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia.Read More →
Anti-trust actions, anti-corruption drives and safety issues have made corporate life for foreign firms in China tougher than 10, 15 years ago. Whether they will actually leave China in larger numbers depends on how the costs of doing business develop, writes financial analyst Sara Hsu in the Diplomat.Read More →
Post Mart, a joint venture by China Post and US-based China Horizon Investments Group, it consolidating its China operation. Lack of volume is one of their key problems among its rural customers, says retail analyst Ben Cavender in the China Daily.Read More →
Facebook is blocked in China, just like Twitter and Google, but is opening a sales office in China. Chinese companies have to tap into the sales power of Facebook as they go abroad, as their global ambitions grow, explains business analyst Shaun Rein on Bloomberg TV. How do you want to sell in Indonesia or the US if you are not on Facebook?Read More →
Both KFC and McDonald’s have been struggling to keep market share in China by expanding fast. Localizing has become a key word, but sometimes at the expense of quality, says business analyst Ben Cavender in AdAge.Read More →
China´s billionaires not only spend a huge part of their money on luxury cars, they also make it from the car-industry, says Rupert Hoogewerf, founder of the Hurun Rich list in the China Daily.25 Percent of the super-rich in the automotive industry come from China.Read More →
Business between China and Israel is brisk, and that is partly caused by the fact that both economies supplement each other. Where China needs innovation, Israel needs a sizable market to sell its innovations, a market it does not have among its hostile neighbors. Shanghai-based lawyer Mark Schaub just returned from his latest trip to Israel and made this overview.Read More →