We would advise every company, Small Medium Enterprise (SME) and corporate alike, to develop strategies for expansions into new markets. However, for China, strategy seems to be even more important. This importance is fueled by several different reasons. Firstly...
Bike sharing in China began after five members of Peking University’s cycling club had an idea based on their busy student lives; what if bike sharing could become dockless? While many western countries had bike sharing methods, such as Citibike in the U.S. and ‘Boris...
What is an electric vehicle, and why is China leading the market? Electric vehicles, in this context, are not limited to an electric car. While they are the largest market by revenue, and will have the largest impact in our collective future, China’s electric vehicle...
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...
Throughout the past few years, there has been a lot of news about China's Social Credit System (SCS). The SCS is planned to be fully implemented by the end of 2020. Through the system, people will be given credibility scores based on their credit behavior and...
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....
