A guide to the non-life insurance market in China | daxue consulting
Non-life insurance market in China Following economic growth and the accumulation of wealth comes the need to protect ones belongings. Many segments of the non-life insurance market in China are growing and creating opportunities for both foreign and domestic companies. The auto insurance market in China: Following China’s car boom China’s auto insurance market can […]
SINGLES’ DAY 2019: Record breaking sales and a Glance at the Future of E-commerce in China
What does singles’ day 2019 say about the future of e-commerce in China? The double-eleven shopping festival has gone far beyond just a holiday for single people. It has become this 24-hour snap-up festival with nearly a half billion participants. This year’s double-eleven sales were, once again, record breaking. Now let’s take a glance at […]
What foreign companies can gain to know from the current situation in China’s pork industry | daxue consulting
China’s pork industry China’s government has promoted the development of large-scale pig farms in response to disruptions in China’s pork industry caused by swine flu When people think of China, one of the first things that comes to mind is its huge population. For those in the food industry, China’s huge population also means huge […]
The condiment and sauce market in China | daxue consulting
The demand for condiments and sauces is rapidly growing in China. The market is versatile, international brand provides both western and Chinese products. Drivers of the condiment and sauce market in China include; increasing acceptance of western sauces and condiments, increasing income, and diversification of the restaurant industry. Additionally, the condiment market in China has […]
Daxue Talks 2: Everything you need to know about WFOE in China in 2019
WFOE in China in 2019 The first guest of the Daxue Talks China business vlog, Nicolas Coster, French business lawyer who specialized in FDI, shares the legal requirements of wholly foreign-owned enterprises in China. In this episode, in three and a half minutes we tried to clarify frequently asked questions about wholly foreign-owned enterprise (WFOE) […]
Daxue Talks transcript #2: 5 minutes talk with a business lawyer about WFOE in China in 2019
Find here the Daxue Talks episode 2. Learn in 2-5 minutes the latest updates about WFOE in China from a China-based business lawyer. Full transcript below: I am Nicolas Coster, I’m a French business lawyer. I’ve been in China for 16 years and specialized in foreign direct investment. So, basically, I set up companies in China. […]
Chinese insurance market: Mainland Chinese buy insurance products in Hong Kong and make asset allocation
Chinese insurance market In recent years, medical and living expenses have gradually increased. A comprehensive security plan is an effective way to cope with high medical expenses and loss of returns. In addition to Mainland Chinese insurance products, more people now prefer Hong Kong insurance products. According to the statistics of the China Insurance Regulatory […]
China negative list: Is your company qualified to run a business in China? | Daxue Consulting
MOFCOM negative list and NDRC negative list: What do all these abbreviations mean? The negative list of Ministry of Commerce of the PRC or National development and reform commission negative list is a summary of three kinds of lists that are included in the foreign investment law of China. They are denoted as the MOFCOM […]
Huawei issue: What are the reactions of Chinese netizens to the sanction to Huawei from the U.S.?
The president of the United States, Donald Trump, announced the US would blacklist Huawei by putting it on the “Entity List” and “Export Blacklist” issued by U.S. Department of Commerce, which forced several U.S. companies, including Google and Qualcomm, to suspend the business cooperation with Huawei. This announcement is similar to what Trump did last […]
Chinese companies listed in Hong Kong: Why is HK so attractive?
Chinese companies seek to buy IPO in Hong Kong Chinese society also pays much attention to Hong Kong stock market news and Chinese companies listed in Hong Kong, and the number of this crowd is going up year-by-year. With the stock trading regulations that allow Chinese investors to purchase stocks in Hong Kong stock market, […]
Leveraging Guanxi for Business – Approaching the mindset behind Guanxi | Daxue Consulting
Guanxi is one of the most commonly discussed topics in Chinese society. It refers to one’s set of social relationships, ties, or networks that can be leveraged for personal or professional purposes. Commonly misunderstood for bribery or corruption, Guanxi is a topic often oversimplified or stereotyped by Western understanding, especially in the context of business. […]
The Red Packets advent in anticipation of the upcoming 2019 Spring Festival | Daxue Consulting
“Not only Hongbao (红包, which means “red packets” are the red envelopes with money inside) should be present in the money transactions scenario, it’s also supposed to facilitate emotion expression and interesting interaction,” stated by Zhang Xiaolong, credited as “Father of WeChat”.,senior executive vice president and president of WeChat Group during the 2019 Wechat Open […]