Business

Read about Chinese business habits and insights, and about the development in the Chinese market.

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Tips for Signing a MOU in China

Tips for Signing a MOU in China

We have all seen the pictures on LinkedIn or company pages. The official signing ceremony of a Memorandum of Understanding (MOU) between a Western and Chinese firm. Usually there are some high-ranking government officials present, ceremonially co-signing the MOU on a...

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What is the Cost of Starting a Business in China?

What is the Cost of Starting a Business in China?

When people consider the cost of starting a business in China, one of the most asked questions is related to registered capital. At the start of a registration process, company owners must indicate the amount of registered capital they will invest into their business....

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CSR in China: 3 Key Lessons for Success

CSR in China: 3 Key Lessons for Success

Corporate Social Responsibility (CSR) is a business approach used by various enterprises to be more accountable with their resources to the community at large. It is self-regulating, often voluntary, and sometimes mandated by government policies. Areas of CSR include...

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The Chinese Entrepreneurship Visa

The Chinese Entrepreneurship Visa

Please note: 1421 Consulting Group is not a visa agency. We do not handle and process visa request ourselves. This article is here to inform you on the opportunities you have in China, however we do suggest you contact a verified official visa agency if you want to...

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Chinese Company Names: How do they work?

Chinese Company Names: How do they work?

Some of the world’s biggest multinationals struggled with selecting proper Chinese company names for their entity in China. When Mercedes found out their initially selected name freely translated to “Rush to die”, they rushed to alter their name into “Dashing speed”...

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What happened in the year 1421?

From 1421 to 1423, during the Ming Dynasty of China under Emperor Zhu Di (朱棣) the fleets of Admiral Zheng He (鄭和), commanded by the Chinese captains, discovered Australia, New Zealand, the Americas, Antarctica, the Northeast Passage; and circumnavigated Greenland.

Due to this endeavour we can conclude that “1421 is the year that the Chinese discover the world”.