Indeed, there are few local products that compete at a price premium versus international brands. This advantage, however, should not be taken for granted. In some sectors, local players are lifting their game. China’s Alipay,…
Monthly Archives For February 2017
China Turning Hard to Blockchain – Focus on Fraud Reduction
According to a new report from Reuters, China is turning to Blockchain to make markets clearer and cleaner – the regulators have been pushing banks to modernise outdated systems and processes by adopting Blockchain technology.…
Wearable technology: A new meaning to beauty-on-the-go
In China, 43% of urban consumers would buy wearable devices for … As leading cosmetics companies move into this new age of technology, marketing messages need to appeal to desired audiences to ensure the gap…
China's plans launch of first cargo spacecraft in April
BEIJING: China plans to launch its first cargo spacecraft in April, state media reported on Tuesday, taking a step towards its goal of establishing a permanently manned space station by 2022. President Xi Jinping has…
Without technology, China’s 'MIC 2025' to fall short of its goals
IC Insights believes China’s self-sufficiency targets for ICs of 40 percent in 2020 and 70 percent in 2025 are unrealistic. China’s government has a long-term goal to become self-sufficient with regards to IC devices. Its…
China To Develop Floating N-Power Platform
China is planning to develop a floating nuclear power platform … Wang Yiren, vice director of the State Administration of Science, Technology and Industry for National Defence, made the announcement, the People’s Daily reported. Wang…
China plans to build floating nuclear plants in South China Sea
According to the plan, China’s nuclear power capacity would reach 58 million kilowatts by 2020. The total capacity of the plants currently under construction will be 30 million kilowatts. Wang said the third-generation nuclear power…
China's pain, Italy's gain – high costs push textile buyers west
according to data from China’s National Bureau of Statistics, the Ministry of Industry and Information Technology, and the China Chamber of Commerce for Import and Export of Textile and Apparel. But wages there have been…
China plans to build floating nuclear plants in SCS
According to the plan, China’s nuclear power capacity would reach 58 million kilowatts by 2020. The total capacity of the plants currently under construction will be 30 million kilowatts. Wang said the third-generation nuclear power…
How Your Small Business Can Sell in China Today
Small business has been a big focus for President Trump and his administration. Recently, he met with Alibaba Group CEO Jack Ma, where they declared their joint intention to help create a million new U.S.…
China says no return to old capital controls
Pan Gongsheng, head of State Administration of Foreign Exchange, was quoted in China Business News on Monday, saying that China’s forex management policies will balance efforts between guarding against risks of cross-border capital flows and…
Trade, investment remain stability source for China-U.S. relationship
President of the U.S.-China Business Council (USCBC) told Xinhua in a recent interview. Bilateral trade surged from 2.5 billion U.S. dollars in 1979 to 519.6 billion dollars in 2016, an increase of 211 times, data…
110 Japanese firms went bankrupt in China last year: Report
BEIJING: About 110 Japanese firms went bankrupt in China last year, a research report said, highlighting challenges in doing business in the world’s second largest economy. A new report by Tokyo Shoko Research showed that…
