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November 26th, 2007 by China Business Success Stories
By Jack Perkowski
Now that we are counting down to the 2008 Olympic games, first-time and not so recent visitors to China are no doubt wondering what they will see when they land in Beijing next August. In the run-up to the games, we will take every opportunity to describe the changes that are taking place in China and paint the picture of how the country will look in another year.
With China’s continued economic prosperity and the increase in wealth it has meant for hundreds of millions of Chinese, one sector that is changing rapidly and is getting added impetus from the expected onslaught of visitors next year is services. China has made its mark so far as a manufacturing powerhouse, but some of the biggest areas of growth and the best investment opportunities going forward are likely to be in providing an upgraded and larger array of services to an increasingly affluent class of Chinese customers. Read the rest of “The Growth of China’s Service Economy” or post a comment
November 23rd, 2007 by China Business Success Stories
Shaun Rein is the Founder and Managing Director of the China Market Research Group (CMR), www.researchcmr.com. He has been widely published, written about and quoted in newspapers worldwide including BusinessWeek, the Harvard Business Review, Forbes, Dow Jones’ MarketWatch, TheStreet.com, Investor’s Business Daily, Finance Asia, the Wall Street Journal, and Barron’s. Over his decade in China, he has assisted hundreds of Fortune 500, SMEs and hedge funds determine how best to take advantage of the growing opportunities in China.
China Success Stories asked him what you need to know about doing business in China, especially about how to market your products.
What is the China Market Research Group?
We help companies make smarter decisions in China by helping them develop strategies for expansion. We work with Fortune 500 companies and SMEs helping them get market intelligence and then giving them actionable items and strategies for growth in China. Our main competitors would be McKinsey or Bain though we position ourselves as premium to them. The main difference is that Read the rest of “China Business Q & A with Shaun Rein” or post a comment
November 22nd, 2007 by China Business Success Stories
By Ernie Tadla
What happened to me while I was writing this book.
“Oh, East is East, and West is West,
and never the twain shall meet,
Till Earth and Sky stand presently at
God’s great Judgment Seat;
But there is neither East nor West,
border, nor breed, nor birth,
When two strong men stand face to face,
though they come from the ends of the earth!”
Rudyard Kipling, 1889
When I went to China, I had a negative, self-righteous view of all things Chinese. It was a communistic, godless dictatorship. We, on the other hand, were a capitalistic, democratic, Christian society. Read the rest of “China Chapter One” or post a comment
November 21st, 2007 by China Business Success Stories
By Frank Mulligan
Gender confusion seems to be the topic of the day right now, with a recent report that cites 30% of young women identifying their personality as part-male, part-female.
This has important implications for the workplace, especially for those who have yet to recognize the sea change in attitudes.
According to the survey, which was conducted with 800 female one-child policy students from universities around Shanghai, about twice as many as a previous survey, 10 years ago, see themselves as part-female, part-male in their attitudes.
These androgynous attitudes appear to derive from the intense competition that the current generation has to go through. Read the rest of “Androgynous Attitudes” or post a comment
November 20th, 2007 by China Business Success Stories
By Aaron Wininger and Peiyu Sun
China’s growing population of over 1.3 billion potential consumers, coupled with their rapidly growing disposable income, is becoming a huge marketplace for products protected by intellectual property laws (IP). The disposable income of Beijing urban residents reached 17,653 yuan per capita (over $2,200 USD) in 2005. China has also become one of the world’s main manufacturing bases for products protected by IP laws. Further, China’s GDP reached over $8 trillion (USD) in 2005, based on purchasing power parity. As such, based on these numbers alone, the opportunity, occurrences, and profitability of IP infringement in China is steadily on the rise.
According to recent postings by the United States Embassy in Beijing, China is the number one source of counterfeit goods seized by U.S. Immigrations and Customs Enforcement. However, targets of IP piracy and infringement are not just U.S. or foreign companies, but also Chinese companies. For example, on a recent visit to street corner in Shanghai, DVDs of movies currently playing in theaters worldwide were available for 4 yuan (about 53 cents, U.S.). With some haggling, volume purchase discounts appeared possible. Bootleg DVDs included recently released American films such as “Transformers” and “Fantastic Four: Rise of the Silver Surfer,” as well as many popular, recent Hong Kong movies. Since the main market for Read the rest of “Recent Developments and Routes for Enforcing Intellectual Property Rights in China” or post a comment
