Innovation and China seemed have been at odds for a long time. But the country known for its copy-cats has made huge strides forward, and innovation has become a key feature in the country´s development. Not surprising, also speakers at the China Speakers Bureau reflect that important development.
Tag Archives: Jeffrey Towson
Meitu, with 450 million users a leader in China’s selfie apps and a growing following overseas, helps to beautify those selfies. But having a good idea is not enough, says Peking business professor Jeffrey Towson to AFP. Having a business model helps.
The Chinese government tries to shift its economy from investment-driven towards consumption, with considerable success. And the outside world is equally seeing the consumption power of the Chinese, as they travel more than ever, and spend per head more than tourists from any other country.
But tapping into that huge spending power is not always easy, and is driven by the often hard-to-predict habits of Chinese consumers, policies by the government and the powerful social media. Experts at the China Speakers Bureau are happy to give your efforts direction.
While analysts watch a potential trade shoot-out between the US and China, US president Trump might help China in other ways, for example helping them compete with Mexico, says Peking University professor Jeffrey Towson in the China Daily. Mexico has been winning from China in producing cars and autoparts, and abolishing NAFTA might change that.
After the wars, and eventual merger, of the car-sharing companies, attention has turned to the bike-sharing firms. But bike-sharing is fundamentally different, warns Peking University business professor Jeffrey Towson in E27, and history will not repeat itself. Bike-sharing is not part of the sharing economy, he explains.
While health care insurance has been high on China´s political agenda, the impact of private insurance is still very limited, writes Peking University professor Jeffrey Towson in the Asia Nikkei. Before turning to possible solution, he paints the grim picture.
When Alibaba´s Jack Ma met US president-elect Donald Trump and announced he would create one million jobs in the US, it was already taken with a pinch of salt. Mainly good PR, says Peking University professor Jeffrey Towson to AFP, by a Chinese company focusing on the US as its next market.
The decision to sell a controlling stake of McDonald´s to private investors in the Carlyle Group, Citic Capital and Citic Group triggered off mixed reactions among analysts. Retail analyst Ben Cavender says the new investors can help to refurbish and expand the chain. Peking University business professor Jeffrey Towson sees a different management style, that makes competitor KFC run for its money. But business analyst Shaun Rein sees to end to the inevitable decline of McDonald´s.
Uber was the last American firm failing to enter China. But it has not stopped newcomers to enter this tough market. Airbnb is the latest arrival and Peking University business professor Jeffrey Towson gives the US firm some tips on how to win access at his LinkedIn page.
If at any place the switch from brick-and-mortar is going fast, it is China. Permanent online consumers comment, exchange information, and buy 24/7. When you sit down in a restaurant, you first ask the code for the free wifi, before the menu. When you travel abroad, you constantly discuss with friends and family back how, what to buy, or what not to buy.