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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The Race for 5G: China Is Winning

The Race for 5G: China Is Winning

Many countries have been in a race to be the first to commercially release 5G, the 5th generation of mobile internet. China is the one leading the charge of the race for 5G with a  network being released in late 2019 in some major cities. The rest of the country...

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Value Chains in Chengdu: An Economic Protection Strategy

Value Chains in Chengdu: An Economic Protection Strategy

Due to the continued pressure facing China’s business environment, the country now needs to ensure that it has a stronger immunity to external pressures. Here, we will address a strategic approach China can take for prolonged resilience with successful examples based...

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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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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”.