China has been leapfrogging into the digitization of the consumer industry but is now moving into the established manufacturing too. Economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to…
Category Archives: Foxconn
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.
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.
Apple’s Steve Jobs was the first American CEO to discovered China’s massive brainpower potential when he got the first iPhone produced in six weeks time, by 200,000 workers and 8,700 engineers. China’s massive brainpower is a disrupting force for the world, says Beida business professor Jeffrey Towson, co-author of The One Hour China Book (2017 Edition) on his weblog.
For long China was the world´s working place with thousands of workers toiling away in dirty workshops. But China´s youngsters do not want to work in factories anymore, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, to MIT Technology Review. In stead, robots take over.
China and especially Foxconn has been taking the lead in replacing labor by robots in manufacturing. Especially for the low-income jobs that might be bad news, says financial analyst Sara Hsu in the Diplomat. Job creating in the right sector is not going fast enough.
The relative economic slowdown forces the Chinese government to have a thorough look at tax breaks for foreign companies, writes financial analyst Sara Hsu in the Diplomat. The central government looks at tax evasion, and local government are less eager to offer tax breaks.
Former factory worker, and now author Zhang Lijia looks on her weblog into the fate of Xu Lizhi, a 24-year old Foxconn worker, who of many who jumped to death on September 20. Xu was not only a migrant worker, but also a poet, she tells us.
Starbucks is doing a stellar job in the China market. But not by selling coffee, says retail analyst Paul French. They are selling a lifestyle, no beans, he tells in The Province.
China is becoming modern, but does not westernize, warns advertising guru Tom Doctoroff in Digital Market Asia. More than elsewhere, the internet and social media are important driving forces for consumers and the society.