“Our civilization is to be either lost or redeemed in China, the awakening giant.” – Richard Register, Environmental scholar. In the last 30 years, China has undergone not only rapid economic growth, but also rapid urbanisation with nearly 50% of the population now living in urban areas. This figure is...
The Confucian concept of Yin and Yang is a concept that the Chinese are not only comfortable with, but attempt to apply to their business, lives and society. The contradiction of equal forces and the pulling in two different directions balances one. China has not seen much balance since Deng...
Growth That Continues on Unhindered China’s exports and imports both rose faster than expected in July, producing a trade surplus of $31.5 billion, the largest in more than two years. This figure rose from $22.3billion in the previous month. Prior to this, in May, the activity of China manufacturers had...
Current oil issues in China The price of oil seems to be a constant feature in world news today. With instability in the Middle East, debt crises in many western countries and the constant growth and industrialization of China there are many strains upon our natural resources. China, the most...
Background On July 10 2011, CCTV, during their "Weekly Quality Report" produced a report titled: "DaVinci Furniture, Alleged Identity Fraud." The report discussed how DaVinci Furniture became known as influential supplier of high-end and expensive Italian made furniture. DaVinci sales staff commented on why the company can sell their furniture...
Sourcing in China can reap numerous benefits including, but not limited to, large economies of scale, cheap but increasingly sophisticated labor, and a strong infrastructure. However, one of the common fears overcoming of which is a key to properly exploiting the potential that manufacturing in China holds is understanding the...
Alibaba and its Scandals One of the more recent high-profile cases to attract the scrutiny of Western investors, regulators and buyers is the news of Alibaba, the huge Chinese e-commerce and business-to-business platform, caught in a fraud scandal. Quick background: Jack Ma, the founder of Alibaba, put together a great...
