2014 was a first record year for Chinese investments abroad, but 2015 is bound to follow that track. Outbound Chinese investments specialist Joel Backaler, author of China Goes West: Everything You Need to Know About Chinese Companies Going Global gives in Forbes his top-10 firm to watch this year.
Category Archives: Huawei
Chinese products are entering the global markets fast, but have a hard time to establish themselves as truly global brands. In European Huawei commercials even the voice actors have no clue how to pronounce the firm´s name. But there is hope writes Joel Backaler, author of China Goes West in the China Daily.
Raving reviews are coming in from Shaun Rein´s The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, this time from the Financial Times. “An intriguing book, with many interesting anecdotes, mini-case studies, and interviews.”
A major shift in consumers preferences in China is that from foreign brands to Chinese. Author Shaun Rein of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia explains in CNBC how the top-5 brands at Singles´Day illustrates the growing China pride.
Yet again eager Chinese customers have to wait to get an official hand on Apple´s new iPhone, while China is Apple´s second largest market. “Apple can not longer treat Chinese as second-hand citizens,” says business analyst Shaun Rein in Nikkei.
A lot of the old perceptions of China as cheap, and Chinese as avid savers, are cliches from the past, tells business analyst Shaun Rein in Arnnet. And while China is catching up with the west, western companies and country should make sure they deal with a fast changing China.
Innovation is no stranger in China, as CEO’s of Baidu, Tencent, Haier, Alibaba and Huawei show. But it is only a handful, argues IMD professor and leading author on innovation Bill Fischer in the Harvard Business Review. There is not a innovative culture, although Haier offers hope.
Most companies in trouble restructure, scale down, very few are able to reinvent themselves. But it can be done, writes IMD-professor Bill Fischer in Forbes. Soon a book on the Chinese company Haier, one of the companies who reinvented itself, co-authored by Bill Fischer, will appear.
A domestic media campaign against the customer service of Apple has been followed by government investigations, by the SAIC, tells business analyst Ben Cavender IDG News. “A bit of sensationalism,” he says.