Businesses from outside China trying to sell in China face a critical question as they try to enter China. How far should they go to adapt or redesign (“localise”) their products and services to meet the needs and wants of customers in China?
China amends law to improve protection of foreign brands Independent Online There has long been a perception that trademarks in China are difficult to protect, that the system favours locals, and that foreign companies often come off second best.
US, UK, China stepping up probes into food, drug companies: lawyers South China Morning Post In 2012, pharmaceutical giants Eli Lilly and Pfizer paid a combined US$74 million in fines to US authorities as a result of FCPA investigations into the...
SHANGHAI - Bearing rice burgers and lotus roots, an army of Chinese fast food firms is cooking up a challenge to McDonald's Corp and Yum Brands Inc, tempting cost-conscious diners with healthy, homegrown fare and causing a drag on growth for the U.S.
By 2030, three billion people are expected to enter the middle class, mostly in emerging markets. Our report explores the relevant opportunities for businesses
The nineteenth century industrial revolution created a substantial Western European and American middle class, which grew again after the Second World War – a spurt which this time included Japan.
Today this is happening in the emerging markets (EMs).
In Asia alone, 525 million people can already count themselves middle class — more than the European Union’s total population. Over the next two decades, the middle class is expected to expand by another three billion, coming almost exclusively from the emerging world.
This paper looks at this growth and how it will change both developing and developed worlds.
The furore over Starbucks prices is the latest in a series of setbacks for foreign firms in China. The difference this time has been in how the chain has reacted to the criticism. China Central Television (CCTV) recently broadcast ...
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