Business Issues

It’s no secret that political tension has been high within the United States. But has a change in administration facilitated sufficient resolution for international business deals? As it stands, China must spend a minimum of $200 billion on American goods and services...

American companies face much more difficulty operating in China compared with their Chinese business counterparts in the U.S., according to a recent report from the American Chamber of Commerce in China (AmCham China). The report, released on May 11, also noted that...

Chinese President Xi Jinping promised to maintain an open economy for foreign companies and also asked for cooperation during China’s annual Boao Forum on April 20. The conference of business and financial leaders has long served as a showcase for China’s economic...

With tensions between the U.S. and China at their peak, lawmakers in Washington recently announced legislation addressing several pertinent issues from business and economics to human rights, military and democracy. On April 8, the U.S. Senate Foreign Relations...

Although China remains the world’s largest emitter of greenhouse gases, the country continues to hedge its bets in the energy industry. China’s commitment to renewable energy cannot be denied due to the recent news of how the country spurred the growth in the world’s...

In an effort to minimize economic and market risks, China is pursuing efforts to overhaul the way its credit rating companies do business. The People’s Bank of China announced on March 28 that it was seeking public feedback on its guidelines to strengthen the...

More than a year into the COVID-19 pandemic, the world continues to have concerns. However, there is growing optimism as people gradually receive vaccines and businesses slowly open in hopes of an economic recovery. China is a country that has seen its economy grow in...

China’s business appeal cannot be denied. When large companies and entrepreneurs consider building a factory or locating a business in a large developing country, China usually gets the most serious consideration. Why is China such an appealing market compared with...

Traditional Chinese philosophy has consistently placed a high value on hierarchy – a type of power structure in which people and positions are ranked by status and authority. The Chinese philosopher Confucius emphasized that a focus on hierarchy eventually leads to...

When seriously considering launching a business in China, you must be prepared to understand the challenges and how to overcome them or at least deal with them in a realistic way. Some of the critical challenges include the language, communication, time zones,...