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BUSINESS RESOURCES

China Insights

China insights about cultures and business habits, developments in the Chinese market and tips on doing business in China
BUSINESS RESOURCES

China Insights

China insights about cultures and business habits, developments in the Chinese market and tips on doing business in China

LATEST NEWS

The March Towards a Cashless China

The March Towards a Cashless China

Although it is China who first introduced paper money to the world in the 9th century during the Tang Dynasty, cash is rapidly becoming a thing of the past in modern Chinese society. Whether it is paying for a ride cross town using Didi Chuxing (China’s equivalent of...

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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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Sourcing outside of China: Easy to Say, Hard to do

Sourcing outside of China: Easy to Say, Hard to do

Where to source after China, or, more crucially, should you even leave China? What made sourcing outside of China competitive in the past, and what is sustaining its’ status as “the worlds factory” today? Is sourcing outside of China a matter of lower wages, avoiding...

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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 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”.