China dominates the global gaming industry with its enormous market. What is driving this trend? Massively Multiplayer Online Games (MMOG) are part of China’s growing virtual entertainment culture, generating both cash and concerns about addiction and social isolation.
Rebecca A. Fannin, founder of Silicon Dragon Ventures and author of Tech Titans of China, looks into how the US and China are racing to lead the global tech industry.
Foreign supermarket giants are losing their dominance in the Chinese market to local competitors. The retreat of foreign supermarkets is reinforcing China’s reputation as an infamously difficult market to break into.
Ting Lu, managing director and chief China economist at Japanese investment bank Nomura forecasts China’s economic development.
ByteDance is one of a new wave of Chinese tech companies challenging the older and more established Chinese players, led by BAT (Baidu, Alibaba, Tencent). TikTok is the first Chinese app to take the world by storm, and its owner is now rubbing shoulders with the likes of YouTube and Facebook.
Bruno Roche, chief economist and Catalyst managing director for global food producer Mars, explains how the “Economics of Mutuality” can benefit businesses all over the world For more than five decades, Mars Incorporated—a multinational family-owned company, makers of iconic brands like M&Ms, Mars, Snickers, Dove, Uncle Ben’s, Pedigree, Royal Canin, Wrigley’s and more—has invested […]
Sales in China’s secondhand market are booming. What is driving the trend away from new? Buying a used car or anything else secondhand is still unusual in China, where consumers have a deep desire for the new. But low prices, online convenience and a slowing economy are changing things. He Bin, like many men […]
Chinese startup Luckin Coffee is expanding at a breakneck pace. How will Starbucks and other coffee players respond? Starbucks had coffee lovers in China’s main cities wrapped up until Luckin arrived, but is the market big enough and growing fast enough for both and more coffee vendors?
The “fourth industrial revolution,” defined by artificial intelligence, has begun. But with it comes a new problem: How can we protect our privacy while utilizing data as an asset? Property rights have been crucial to society since time immemorial, but as technology evolves, rights too are changing, and creating new challenges.
China, home to half of the world’s Smart Cities, is rapidly enhancing its technology to upgrade urban management. With the imminent rollout of the Internet of Things (IoT), Smart Cities featuring a centrally-controlled approach to just about everything, are becoming a reality, and China is leading the way.