Category Archives: business

Furniture scandal hits consumers’ nerve – Shaun Rein

Losing the confidence of Chinese consumers is easier than gaining is, tells business expert Shaun Rein in CNBC, analyzing the most recent products scandal: the fake furniture scam. What can foreign companies learn?

We need a sugar-free zone over Shanghai – Paul French

US-style doughnut shops are proliferating in China’s large cities, and that is bad news for their already deteriorating diet, tells retail analyst Paul French in the Washington Post, when they take of. French studied the obesity levels in the country in his book “Fat China”.

Can Nestle succeed where Coke failed? – Shaun Rein

Nestle’s anticipated mega deal brings back the US$ 2.4 bn deal by Coke, rejected in 2009 by the Ministry of Commerce for fears the new company would dominate the market. While Nestle’s deal is huge, it has not Coke’s problems, tells Shaun Rein in Fortune.

Google Streetview gets a local competitor – Marc van der Chijs

Google might still be hoping to get another foot into the China market, but internet entrepreneur Marc van der Chijs reports now on his weblog that a local company is successfully filling the void for Google Streetview, already covering 41 cities.

The booming group buying market – Helen Wang

The group buying market in China is steaming hot, but without Groupon as a major player for the time being. Helen Wang analyzes in Forbes the chances of the US company in the world’s largest internet market.

Opportunities for US companies in China – Helen Wang

Celebrity author Helen Wang of The Chinese Dream: The Rise of the World’s Largest Middle Class and What It Means to You addressed last month the American Chamber of Commerce in Shanghai and focused on the opportunities for US companies in China. “Opportunities abound in luxury goods, healthcare, education and clean technology.”

China relaxes procurement rules on innovation – Shaun Rein

China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.

When East and West meet for business – Bill Dodson

Chinese and Western business practices differ, quite a lot. Bill Dodson recalls on his weblog a due diligence trip into Zhejiang province, visiting a company that offered to their Western visitors two accounting books. The Western visitors were shocked. A different modus operandi.

Mark Obama Ndesandjo joins CSB

The Shenzhen-based business man, artist and charity activist Mark Obama Ndesandjo has kindly agreed to join China Speakers Bureau. In a few years time, he has has helped to put social corporate responsibility on the local agenda and is helping companies to enter the challenging China market.

Legal reform and more needed for innovation – Paul French

The lack of an independent legal system is holding back China’s innovative power; protecting the rights of entrepreneurs and innovators is key, business analyst Paul French tells in NPR. And then there is social welfare, health care pensions and a few other things.