Business

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

BUSINESS NEWS

Chinese Business License

Chinese Business License

The business license, together with the company chops, is one of the most important documents any company in China possesses. Every company has a business license, from local Chinese companies to Joint Ventures and Wholly Foreign Owned Enterprises (WFOE). We realise...

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Compliance in China: 7 Important Steps for Your Business

Compliance in China: 7 Important Steps for Your Business

Compliance in China, is it even possible? Many foreign organizations active in China are in danger of breaking Chinese legislation. However, this risk is often not taken consciously. It is not a matter of bad intent, but rather because compliancy in China is the most...

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Successful Foreign Companies in China

Successful Foreign Companies in China

Also read our article on successful Chinese companies you might not have heard of! The general conclusion about business in China involves the level of complexity and the high chance of failure. Many corporations, big and small, fail in the Chinese market.  However,...

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WFOE: Necessary Evil or Vibrant Opportunity?

WFOE: Necessary Evil or Vibrant Opportunity?

WFOE, or Wholly Foreign Owned Enterprise, is the most used entity in China by foreigners. If large foreign companies do not collaborate with a local company, they have this structure for their business in China. However, is a WFOE interesting for SME entrepreneurs? Is...

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Subsidies for Foreign Companies in Shenzhen Area

Subsidies for Foreign Companies in Shenzhen Area

There is no such thing as free money, however subsidies come very close. Subsidies are chased after often, and in China this is not different. Chinese companies can have a competitive edge compared to their foreign colleagues because of local subsidies. Luckily, there...

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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”.