What does the future of Chinese state-owned aircraft manufacturer Comac and its top products look like?
Arnold Ma, CEO of Europe’s first Anglo-Chinese digital marketing agency Qumin, explains how Chinese culture should always be at the center of China marketing strategies.
After a stream of scandals and medical incidents, the Chinese public appears to be losing faith in drugs made in China. What are the implications for domestic and international pharmaceutical companies?
China has approved five new varieties of genetically modified crops for import, highlighting the huge impact Chinese GMO restrictions have on the global agricultural sector. Is Beijing planning to relax its near-total ban on GMO?
Adidas’s Yeezy sneakers designed by rapper Kanye West have been among the world’s best-selling footwear since they were released in 2015, and a pair of Yeezy Boost 350 V2s retails for up to $1,000 on most e-commerce sites. But on Alibaba’s Taobao site, the world’s largest online marketplace, vendors offer the same pair of sneakers for as little as RMB 300 ($45). That sounds too good to be true, and it is. They are counterfeits.
People have been making art in China for at least 4000 years, but the modern era of China’s art market dates from the early 1980s, when the government opened the economy to private enterprise and the country began to recover from the ravages of the Cultural Revolution (1966-1976), a period when most art, new and old, was derided as decadent and counter-revolutionary.
Last year, China recorded its slowest economic growth in 28 years. But for leading e-commerce player Pinduoduo, it was boom times, with business up 234% for the year thanks to a largely ignored market—China’s vast rural regions and smaller towns and smaller cities, termed “non-first tier cities”.
Elena L. Botelho, co-author of the best-seller The CEO Next Door and a partner at leadership advisory firm ghSMART, explains why people misunderstand what it takes to get to the corner office Many people aim to climb the corporate ladder even though the responsibilities of a CEO are immense, and their failures can be embarrassingly […]
First coined by two World Bank experts in 2007, the middle-income trap phenomenon—the existence of which is disputed by some economists—describes how growth in developing countries tends to stagnate when gross national income (GNI) per capita rises above a certain level, as higher wages push up production costs. Countries can become “stuck in the middle” as they struggle to compete with low-income newcomers where labor costs are still low, and advanced high-income economies with strong innovation. Since 1960, only 15 countries have escaped the“middle-income trap.” Can China beat the odds?
The WTO is the world’s primary trading system, comprised of 164 member-economies scattered across all of the world’s five continents, and it is obviously in the interests of the world that it works effectively. But growing disputes between China and the Western economies are making the World Trade Organization increasingly dysfunctional. Could the result be a radical overhaul of the global trading system?