Communication Equals Cash: Australia’s Foray into China’s SFTZ
The explosion of mobile device technology and numbers has created an interconnected global society that is reliant on those communications devices for virtually every aspect of life. China recognizes its need to keep its population connected and has offered Australian...
Mark Zuckerberg Attempts to Break into China’s Social Media Space
Mark Zuckerberg, the founder of Facebook, has been trying to persuade China to lift its ban on Facebook. Because he shows an interest in China’s culture and consistently puts effort into networking with Chinese officials, there’s a good chance he’ll...
Apple Wants Another Slice of Pie in China with the iPhone SE
Apple has developed a new iPhone, the iPhone SE, that is intended to draw in more customers in emerging nations and tap into the lower-end smartphone market in China. The iPhone SE in China will be available in four colors and will cost RMB 3,288 ($505 USD) for the 16...
ChAFTA’s “Most Favoured Nation” Status Adds Value for Australia
Not the least significant aspect of ChAFTA is its clause elevating Australia to “Most Favoured Nation” (MFN) with China. The MFN status carries a unique signature in the global trade arena, and Australia is expected to gain significant economic advantages...
Why You Want China’s Consumers to Love Your Business
China’s consumers have an impact on the rest of the world. If they decide they like your product, sales can skyrocket virtually overnight. Numerous businesses have experienced this “problem”. It was a problem because they were not producing enough...
Brazil Dam Burst: Costs 22 Billion and Counting
According to authorities, a number of factors contributed to the devastating failure of the Samarco Dam in Brazil in November 2015, but an earthquake wasn’t one of them. The first police report released since the November 5 incident indicated that the failure...
China Will Need to Spend Over 150 Billion Yuan to Cover Layoffs
There will be millions of layoffs in China over the next few years as they work to eliminate industrial overcapacity and decrease the number of zombie companies. A zombie company is a business that relies on the government to stay open and doesn’t have the...
How Are There So Many Billionaires in China?
China has 568 billionaires, compared to 535 in the United States. The Hurun Report suspects that the number of Chinese billionaires is actually higher because many don’t like being in the spotlight. These quiet billionaires are even referred to as vampire...
