With the growth of China’s economy came a host of new jobs, raising millions of people out of poverty. How are businesses cashing in on the now massive lower-middle income demographic?
Trade tariffs, rising labor costs, COVID-19 and other factors have caused manufacturers in China to consider diversifying their supply chains. To what extent will Southeast Asia benefit from this shift?
Craig Allen, President of the US-China Business Council, looks at the impact on businesses of deteriorating relations between the world’s two largest economies.
The demand for wine among Chinese consumers is growing, creating an opportunity for wineries in the country as people look beyond imports.
Fu Chengyu, Professor of Management and director of the Research Center on Governance and Management of Large Corporations at the Cheung Kong Graduate School of Business, recently shared his insights on the “Impact of the Oil Market Shock on the Global Economy.” His webinar attracted over 440,000 online viewers. Fu Chengyu has more than 40 years of experience in the oil and gas industry, including as chairman of Chinese oil and gas enterprise Sinopec and chairman and CEO of the China National Offshore Oil Corporation (CNOOC). During the webinar, Professor Fu discussed the long term impact of the COVID-19 crisis on oil prices and how the dramatic fall in price has been a big plus for the Chinese economy.
Alibaba is rapidly expanding its new offline retail food store chain, Freshippo (Hema in Chinese), with stores operating on cutting-edge innovations.
The COVID-19 crisis turned taking online classes from being a mere option to becoming an absolute necessity. What does this mean for businesses working in the education technology sector?
The challenge that the world now faces is the result of the confluence of many disparate issues. To meet it will require global wisdom and collective actions by us all, starting now.
China is the world’s top consumer of pork. What has the impact of African swine flu been on the meat industry and food security in the country?
A steep economic slowdown is exacerbating the problems for once-golden startups in the sharing economy, from those offering shared office space to shared umbrellas In China’s sharing economy, it is no longer possible to just share and share alike. The concepts encompassed by the phrase “sharing economy” inspired a huge injection of investment funds […]