I spent Sunday afternoon hanging out in Hongqiao Market. I have never had such an experience. The market seems to be one of the must see tourist spots in Beijing, which was apparent from the ratio of foreign to Chinese shoppers. All of the westerners there appeared very proud and...
The last weekend was one among the best, ever, in my whole life. My friends, fellow CRCC interns, proposed a trip to the great wall, 150km outside Beijing. We rented a coach and set the itinerary. Unfortunately (not really though), we overbooked the coach, so I “had” to use my...
During the 3 decades spanning the late 1970’s to 2011, China’s exports exploded unbelievably. And we mean this literally because had one asked a seasoned China buyer in 1980 what the potential China exports would be thirty years hence, no one would have believed an annual figure of $1.4 trillion...
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...
The Guqin is the oldest stringed instrument of the Ethnic Han Chinese. It is treasured all around China and has been featured in art and literature throughout history due to its rich and symbolic connotation. Recently, a tomb was unearthed in Hubei Province with artifacts some of around 2,400 years...
CPG will be posting a series as part of our Summer Internship program featuring the views and first impressions of China of our foreign interns. This first post is from Marco Rossini. In order to define a country I think one should take into account several features and aspects. These...
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...
The photo shown is of a construction site of a state-of-the-art AAC (Autoclaved Aerated Concrete) plant in Tianjin Binhai New District. The plant was jointly sold by Transcontinental and Wehrhahn GmbH, the global market leader in AAC plants. When the plant begins operating in November of this year, it will...