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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

Strategic Week 2019

Strategic Week 2019

Each year colleagues from 1421 Consulting Group gather in Beijing to review the past year and plan for the upcoming years. We have not missed a single strategic week since 1421 was founded 8 years ago. The goals for this week are always about strategy and building...

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The Chinese Entrepreneurship Visa

The Chinese Entrepreneurship Visa

China's economic development and opening-up have gradually promoted more political, economic and cultural exchanges between China and other countries. At the same time the number of foreign students studying in China has increased. In 2017, a total of 489,200 foreign...

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Walmart in China: Lessons to Learn

Walmart in China: Lessons to Learn

Walmart, for better or worse, is an American icon. Through its’ mastery of economies of scale, the supermarket giant has made its’ supercenters the super-center of countless small American towns throughout the country. While Walmart in China does share certain...

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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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The Robotics Industry in China

The Robotics Industry in China

The robotics industry in China is one of the biggest in the world. China currently ranks 23rd worldwide in robot density (the number of robots per 10 000 workers). Their rank is bound to increase during the next few years. In fact, the sale of industrial robots in...

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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”.