Wednesday, 29th, 2017 | 12:56PM Updated

Intensive engagement should be the key to doing business in China.
Doing Business in China: Intensive Engagement More Effective Than Localization

China continues to attract several foreign investors, with the world's second-largest economy continuing its growth from strength to strength. However, one prominent Australian diplomat emphasized that doing business in China should take on the form of intensive engagement.

Royal Caribbean Cruise Ship
China-based Cruise Giants Cancel Trips to South Korean Ports as Tensions on THAAD Deployment Escalate

Tensions between China and South Korean on the THAAD deployment issue has intensified, pushing global cruise giants Carnival Corp and Royal Caribbean Cruises Ltd to cancel their China-based cruises to South Korean ports, Channel News Asia reported.

A commuter walks past a China Mobile Ltd. advertisement in the Futian district of Shenzhen, China.
Mobile to Become Leading Advertising Channel in China

According to the latest forecast of eMarketer, mobile is on pace to become the leading advertisement spending channel in China. It is predicting that 60 percent of total media advertisement expenditures and close to 82 percent of digital ad spending will be dedicated to mobile by 2021.

A Lotte Mart seen closed on March 7, 2017 in Lianyungang, Jiangsu Province of China.
Lotte Group, Hershey Co's Factory Ordered to Shut Down by Chinese Government

Lotte Shanghai Foods has been ordered to stop production by Chinese authorities after it escalated the country's economic retaliation for the deployment of a U.S. missile-defense system in South Korea.

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U.S. President Donald Trump speaks during a meeting with the House Deputy Whip team at the East Room of the White House, March 7, 2017 in Washington, D.C.
China Grants Trump Provisional Approval for 38 New Trademarks

China has granted preliminary approval for 38 Trump-related trademarks, paving the way for U.S. President Donald Trump and his family to develop branded business ranging from mining and construction to hotels and resorts, official documents show.

Although the global economy continues to grow from strength to strength, the world isn’t spared from dangers posed by its current state of affairs.
Present Dangers That Can Rock the Global Economy

There’s no doubting that the global economy continues to grow from strength to strength, thanks to the continued practice of neoliberal values as the world continues to grow its internationalized character. Nonetheless, the world isn’t spared from dangers posed by its current state of affairs.

As the Chinese economy continues to tread along a vibrant path, more businesses are set to gain interest in doing business in China.
5 Pieces of Advice When Doing Business in China

China is shrouded in so much mystique, that one may wonder how its growth as the world’s second-largest economy has piqued the interest of many Western businesses. Doing business in China emerges as a challenging feat, considering that both the East and the West share cultural contrasts.

Nuclear Power Station in China
China’s Nuclear Power Industry Should Be Prioritized: Nuclear Industry Executive

China’s nuclear power industry should be given priority by ensuring that nuclear power plants become the primary source of power in the country while its output should not be adjusted during fluctuations in power demand, according to the country’s top nuclear industry executive, China Daily reported.

HNA Chairman Chen Feng
HNA Group Acquires Majority Stake in Influential Beijing-Based Media Company

In its recent acquisition move, Chinese conglomerate HNA Group has acquired an 80 percent stake in a Beijing-based media company that runs Caijing Magazine, one of the most popular and influential business magazines in the country, China Daily reported.

Intel office premises seen with logo
ARM vs Intel vs AMD: Softbank Group’s ARM to crush Intel’s dominance; New AMD Ryzen affected by Windows 10 bug

The American multinational corporation Intel may currently be rejoicing, but the company’s dominance may soon crumble as its leading customer Microsoft is now looking to use a chip from a different microprocessor manufacturer.

Trucks load goods at a foreign trade container terminal in Qingdao Port, Shandong Province.
US to Suffer More If Trade War Is Launched Against China: Wahaha Boss

The United States is likely to suffer more in case it launches a trade war with China, as it will lose its access to low-priced goods manufactured in China, which will hit American consumers, according to the chairman of China’s largest beverage maker, Hangzhou Wahaha Group.

China and the Philippines have recently reconvened their trade panel to foster their economic ties.
China-PH Trade Panel Reconvened After Five-Year Hiatus

China and the Philippines have recently reconvened their trade panel, the Joint Commission on Economic and Trade Cooperation, to deepen their economic and trade relations. The meeting was held in Manila and was attended by China's commerce chief Zhong Shan and Philippine counterpart Ramon Lopez.

Beijing is the billionaire capital of the world.
Hurun Global Rich List: Billionaire Capital Beijing Keeps Top Spot for 2017

For two years in a row, billionaire capital Beijing keeps top spot in Hurun Global Rich List.

Chinese Smartphone Oppo
China’s Smartphone Makers Aim to Extend Global Reach to Rival Apple, Samsung

Chinese smartphone makers are extending their market reach with the aim to expand globally and challenge other players such as Apple and Samsung.

Lotte Stores in China
Lotte Denies Chairman Belittled Chinese, Calls Report 'Irrational, Fabricated Rumors'

South Korean store chain Lotte Group called as “irrational, fabricated rumors” reports which circulated on Sina Weibo that its chairman Shin Dong-bin was interviewed by Global News Eye, a South Korean news portal.

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