China is way ahead of Europe when it comes to its digital transformation, says Zhejiang University professor Mark Greeven, author of Business Ecosystems in China: Alibaba and Competing Baidu, Tencent, Xiaomi and LeEco to the NRC. Europe is way over-regulated compared to China, he says, and companies get in China much more leeway to experiment.
Category Archives: Didi Chuxing
Self-driving cars are going to change our life beyond recognition. But there is a lot of work to be done on cybersecurity to let them drive safely, says Shanghai-based lawyer Mark Schaub at the China Law Insight. a sector in which major car manufacturers such as Audi, Daimler, Toyota, BMW, Nissan, Volvo rub shoulders with new electric vehicle manufacturers such as Tesla and are also vying with established tech giants such as Google, Baidu, Apple, Samsung, Tencent and competing with new tech such as ride-hailing companies such as Didi and Uber?
China is diving fast into self-driving cars. But while cybersecurity has become a major issue in IT, in the combination of self-driving cars, cybersecurity is not getting the attention it deserves, says Shanghai-based lawyer Mark Schaub on the China Law Insight, focusing on the legal risks and the actions the Chinese government did take.
Digital transformation is key in the planning of companies, governments and individuals, as the world is changing beyond recognition. But for the world outside China it often remains unclear how the most innovative country is going to influence their digital future.
Speakers at the China Speakers Bureau can help you to make sense out of this often disruptive change of the world. Here we bring together a group of leading experts on China and how its digital transformation is going to change the world outside China too.
China’s companies are going global in a fast speed. A few decades ago China was only a few percent of the global economy, but those days are far behind us. What happens in China, now has global impact, and what Chinese companies do, cannot be ignored.
Ant Financial, Didi Chuxing and Xiaomi made it to the top-3 Chinese unicorns in 2017 on a list of 120 most successful unicorns in Greater China, announced the Hurun Greater China Unicorn 2017 Index last week. Beijing is leading the pack, says Hurun founder Rupert Hoogewerf, followed by Shanghai, Shenzhen, and Hangzhou. Keeping up with the amazing growth is tough, Hoogewerf tells AsiaVenturepedia.
Getting rid of legal barriers is key for using innovation in real life, and Beijing approved the first regulations in China on self-driving cars, writes lawyer Mark Schaub at the China Law Insight. He elaborates on the details. “We expect more regions to follow Beijing’s lead and compete for innovation in this key sector,” he adds.
Slow, bureaucratic and not eager to innovate. In many ways Western companies seem different from their Chinese counterparts. Those Chinese companies are not only growing like crazy, they innovate fast and increasingly organize themselves differently, internally, how they invest in other companies and deal with their competitors. Tencent, Alibaba and Baidu are the biggest names, but under the private enterprises in China, they are certainly not alone. Take Haier, Huawei, Yili, Mengniu and Xiaomi.
Bike-sharing companies in China had a rough year, combining huge investments and limited returns. Smaller ones went bankrupt and market leaders Mobike and Ofo are rumored to discuss a merger. Peking University investment professor Jeffrey Towson still see enough room for success, he tells the South China Morning Post.
How to deal with Chinese investors? That question is asked more frequently by government agencies, startups, larger and smaller companies outside China, and even soccer clubs. Capital is flowing over from China to the rest of the world, partly through the massive One Belt, One Road (OBOR) investment program. But many Chinese companies, private and state-owned, also have their own investment agenda.
At the China Speakers Bureau, we offer a range of speakers who can help you to deal with that question. There might not be one answer, but as China’s economic standing in the world changes, looking for possible answers becomes more crucial for the world outside China.