BUSINESS >> Insight

Overseas asset firms eye openings in China's nascent fund industry

Overseas asset management companies are speeding up their offerings in China's fund industry, not only issuing public funds in joint ventures with domestic companies, but also tapping into the private sector which only opened to overseas capital just a few years ago. Although the mainland market is still nascent, it can provide ample opportunities for overseas companies, which are keeping a keen eye out for further opportunities
Source: Global Times | 2018/12/11 18:43:39

Nestle chief talks localization, strategy to develop the China market

Food and nutrition multinational Nestle has rolled out plans to provide tastier but healthier products worldwide, while upholding localization in China to meet the country's unique consumption habits, which is helping it avoid impacts from the US-initiated global trade war.
Source: Global Times | 2018/12/10 18:28:39

Can Chinese players retain a slice of the rising Indian food delivery market?

Chinese tech giants like Alibaba have been pumping capital into the booming food delivery industry in India in the past two years, with the ambition of replicating their domestic success. However, it may not be enough in the competitive Indian market, as Western rivals try to challenge them, alongside pushback from local restaurants.
Source: Global Times | 2018/12/9 17:06:53

Chinese drum producer makes beats around the world

The struggles of a musical instrument maker in Tianjin to gain recognition for his products on the global stage illustrate China's journey during the past four decades of reform and opening-up. Now, private enterprises are an essential engine of prosperity and economic transformation across the nation.
Source: Xinhua | 2018/12/5 18:28:41

Earn after reading

Whereas previously, people had to pay to access online news content on many sites, now some news providers in China have turned the model on its head. Not only are they not paying, users can even earn as they consume. With its unusual pay-your-user strategy, the Tencent-backed Qutoutiao Inc has drawn in 20 million daily readers, but the strategy doesn't come cheap and the stories are driven by celebrity gossip.
Source: Reuters | 2018/12/4 17:28:39

One man's dream of a delivery station on the Pamir Plateau lives

E-commerce has become an indispensable part of the lives of the majority of Chinese people. For people living in Taxkorgan, China's westernmost county on the Pamir Plateau, whose living standards have long been impeded by its challenging geography, diverse and reasonably priced commodities are now just a click away.
Source: Xinhua | 2018/12/3 20:18:39

Overseas sports brands enjoy golden age in China

Overseas sports brands are enjoying a golden age in China with the country's rapidly burgeoning sports sector fueling their business.
Source: Global Times | 2018/12/2 21:33:40

War on waste solidifies

A global crackdown operation on solid waste smuggling shows that China is playing a leading role in international joint operations. Officials from the UN and the World Customs Organization (WCO) are calling on developed countries to work with developing countries more closely and adopt better policies and technologies to solve the world's recycling woes.
Source: Global Times | 2018/11/27 17:48:40

Female pilots struggle with stereotypes

When Han Siyuan first applied for a job as a pilot cadet in 2008, she was up against 400 female classmates in China on tests measuring everything from their command of English to the length of their legs.
Source: Reuters-Global Times | 2018/11/15 19:13:40

Studying overseas is not a panacea for Chinese parents

Whenever a child fails an exam or does not perform well, the new solution for many Chinese parents is to think that they should simply send their child to a country whose schools have less students and, thus, less competition.
Source: Global Times | 2018/11/15 18:48:42

Tech boom feeling a pinch

Wang Miaoyi's small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels.
Source: Reuters-Global Times | 2018/11/14 18:13:41

Kenya, China sign agricultural exports deal after weeklong negotiations

Kenya and China signed an agreement on Friday allowing the East African country to export various agricultural products to China, a senior Kenyan government official said.
Source: Reuters-Global Times | 2018/11/13 18:08:39

From 'Mayors' Class' to WeChat study

Dale Liao, a Singaporean resident, concluded her visit to China's commercial center Shanghai recently in a trip to learn how the communication application WeChat became a popular mobile payment system and marketing platform.
Source: Xinhua | 2018/11/13 18:03:41

China seat supplier looks for way into stretched market

China is squeezing itself into a gap in the market for aircraft seats – a low-key effort compared with plans for a Sino-Russian jetliner or the military paraded at the just concluded 12th China International Aviation and Aerospace Exhibition (Airshow China) in Zhuhai, South China's Guangdong Province, but one that may earn it a key role in global supply chains.
Source: Reuters-Global Times | 2018/11/12 17:53:39

Coming of the smart port era

At the autonomous container yard of the Laem Chabang Port, an unmanned crane is accurately stretching out to a container carried by a truck and putting it beside the many containers already piled at the yard block.
Source: Global Times | 2018/11/11 17:43:39

China's huge market scale to drive future robotic export growth: experts

China's exports of robotic parts to South Korea have shot up about eight times in 2016 from the level in 2015 to account for 29.1 percent of South Korea's total robotic imports, according to latest data released by a South Korean robotic industry body. How is China's robotic industry development now? Does the country still trail foreign players who have an early start and rich experience? The Global Times recently spoke with several industry insiders who shared their views on the industry.
Source: Global Times | 2018/10/31 18:28:40

China finds new ways to develop distant-water fishing

China has become the world's largest distant-water fishing nation through merging small, weak companies into bigger internationally competitive modern companies, as well as building fishing bases with intelligent technology. Now the country's fishing industry is facing a bigger opportunity brought by the China-proposed Belt and Road initiative (BRI).
Source: Global Times | 2018/10/30 19:03:41

Will China's private aerospace firms fall into quagmire like EV makers?

As China's private aerospace firms take inspiration from SpaceX, China's electric vehicle (EV) start-ups aim to repeat the success story of Tesla Inc. As start-ups making EVs have run into troubles lately, some fear the nation's aerospace firms will take a similar track. The Global Times interviewed industry insiders who said the two groups of firms face a different future.
Source: Global Times | 2018/10/29 16:08:39