From the first issue in 1974 and well into the 2010s, the China Business Review was an indispensable resource for businesses, researchers, and policymakers who needed a first-hand account of the challenges and the tremendous opportunities posed by the China market.
Business leaders around the world have long recognized the potential of China’s consumer market. In this lively presentation to Asia Society, Chinese consumer expert Tom Doctoroff says marketers and business leaders needed to understand the “tension in the heart of the post-90s generation” in order to make their products more relevant in the consumers’ lives.
Despite high-level government support for China’s New Energy Vehicle (NEV) industry, the Chinese government has been sending mixed messages to foreign companies investing in the world’s largest electric vehicle market. Some regulatory guidance is poised to advance the NEV and battery industries, but other regulations stifle investment and innovation.
Crowdfunding, funding a project through online donations, has become a popular way to invest in the West; but in China, it’s a relatively nascent industry with enormous potential for future growth. The World Bank’s 2013 Crowdfunding’s Potential for the Developing World report estimated that China will generate $50 billion, or 52 percent of the global total, in crowdfunding by 2025. During 2015, RMB11.4 billion ($1.7 billion) was raised through crowdfunding platforms in China – an over 400 percent increase from 2014.
High-quality foreign medical devices might soon have a faster path to approval in the developing China market. Recently released draft rules that call for expedited review of certain medical devices should benefit US companies in China. However, competing regulations appear to favor domestic devices, as the vast majority of applications moved into the priority status during the trial of the program were domestic.
We have to bring back our workers. You take a look at what’s happening to steel and the cost of steel and China dumping vast amounts of steel all over the United States, which essentially is killing our steelworkers and our steel companies. We have to guard our energy companies. We have to make it […]
Asia Society’s high-level United Nations General Assembly-related events began with a discussion on the outlook of US-China relations after the 2016 election.
Suppressing rising property prices is a common theme through President Xi Jinping’s speeches, the Ministry of Housing and Rural-Urban Development’s (MOHURD) policies, and Central Commission for Discipline Inspection (CCDI) campaigns. The state’s anti-corruption apparatus will continue to be deployed in tandem with Xi’s supply-side policies to reduce excess housing in small cities and deflate the housing bubble in large cities. To anticipate the direction of government policy on real estate in the near future, it is important to keep track of political developments and personnel shifts within the government, particularly conclusions from the sixth plenum of the 18th Party Congress this month and the opening of the 19th Party Congress next fall.
According to the Shanghai Municipal Human Resource and Social Security Bureau, a new regulation on wage payment methods for Shanghai-based organizations went into effect August 1. The new regulation, issued to replace the 2003 version, expands the scope and makes several clarifications and improvements on wage calculation and standards. The new regulation is expected to minimize law disputes regarding wage issues with more specific guidance and solutions.
Many employers in China are overlooking the importance of a staff handbook and instead are relying on an employment contracts, which often don’t include some key provisions. While an employment contract details important terms such as working hours, salary, main duties, and responsibilities, issues such as overtime rules, codes of conduct, performance standards, promotion standards, and KPIs are often omitted.
In a public setback for China’s Ministry of Commerce (MOFCOM), a touted foreign investment reform reflects the continued use of the National Development and Reform Commission’s (NDRC) approach to managing inbound foreign investment and fails to include even the limited openings that MOFCOM advocated.
