Lessons

Read about tips on doing business in China.

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Tips for Sourcing in China

Tips for Sourcing in China

China is still a very interesting choice to consider sourcing your products. Even though labor costs are rising quickly, China has a huge labor pool and well developed infrastructure. Combine this with a big market and it is easy to see potential. Therefore, this...

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Determining Your China Strategy in 8 Important Steps

Determining Your China Strategy in 8 Important Steps

How do you become successful in the largest consumer market in the world? It is the billion RMB question people ask themselves all around the western world. The answer is not as simple as the question and is subject to multiple coherent aspects. Success in the Chinese...

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A Senior Consultant’s View

A Senior Consultant’s View

Pierre Eloy joined 1421 Consulting Group almost one year ago. He has been in China for 14 years and has worked in Southern, Central and Northern China. His career revolves mainly around managing foreign investment in the construction sector. In Xiamen he set up and...

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8 Common Mistakes Made When Setting up Business in China

8 Common Mistakes Made When Setting up Business in China

At the end of 2013, China had a total of 446,400 foreign-funded companies active in China. In comparison: Belgium had 499,092 companies active, local and foreign combined. As with many figures regarding the Chinese market, the numbers are quite staggering. Many of...

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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”.