The slowing auto market is reshaping the automobile industry in China.
Share. Don’t Own: The Sharing Economy Takes Off
Why own when you can share? Understanding the dynamics of the sharing economy which, by some estimates, will become a $115 billion industry by 2016.
China Roundup: State of the Economy; MNCs Hit new highs (and lows); and the Alibaba Share Price Fall
This week, China’s factory activity improved a little even as factory employment figures slumped; Adobe announced its intention to shutter its China R&D center while other MNCs remain upbeat; and the Alibaba share price fell after last week’s spectacular IPO.
Automobiles: Ford Gets in the Fast Lane
US automobile major Ford is stepping on the gas in China, the world’s largest auto market. Can it catch up with rivals General Motors and Volkswagen? In December 2013, an enormous red dome appeared on the banks of the Huangpu river in Shanghai. Nearly 450 people converged under this dome, and watched spellbound as a […]
New challenges and opportunities for MNCs in China
MNCs in China are facing more difficulties amidst increasing competition, and they feel they are losing advantage. How can they find their way out of this? In December, French dairy giant Danone SA announced its suspension of its Shanghai yogurt production factory, although it will continue operations of its Beijing factory. A spokesperson for the […]
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