Office furniture market in China: Industry Report
The office furniture market in China is in rapid development. After China joined the WTO, the tariff on office furniture decreased, triggering the increase of the office furniture export. Meanwhile, China is also one of the largest office furniture consumption countries. According to Qianzhan, the revenue of the office furniture market in China was over […]
China’s Mergers and Acquisitions (M&A) outbound investments and policy
Introduction to the market for mergers and acquisitions in China With its emergence as a strong global economy, opportunities for mergers and acquisitions in China have increased in number and scale. However, financial, regulatory and cultural complexities surrounding Chinese transactions present unique challenges. Despite the overall global economic decline, M&A in certain sectors such as […]
The venture capital market in China: Could the Coronavirus eventually revive startup investments?
From the late 80s, China has demonstrated success in transforming its economy from being factory-driven into innovative-driven. This has been occurring together with the government’s strong financial support to position the country at the forefront of technological innovation. The ‘Torch Program’ represents the keystone of this strategy, being the catalyst for startup investments in China. […]
The convenience store market in China
Convenience stores’ sales in China have exceeded 226 billion yuan in 2018, up 19% over last year. The convenience store market in China has grown, and will continue to grow in the near future. [Data Source: China Chain Store & franchise “Annual Sales Revenue of the Convenience Store in China”] Blooming convenience store market in […]
Daxue Talks transcript #57: Find out more about the bankruptcy procedures in China
Bankruptcy procedures in China Find here Daxue Talks episode 57. In this interview, Nicolas Coster discusses the bankruptcy procedures in China to help entrepreneurs understand the different risks they encounter. Full transcript below: What is a procedure for bankruptcy in China? The procedure for bankruptcy, you need to apply to the tribunal to file a […]
Daxue Talks transcript #56: What is a dormant status for Chinese enterprises?
Dormant status for Chinese enterprises Find here the Daxue Talks episode 56. Our guest, Nicolas Coster, explains the dormant status for Chinese companies and discusses the different advantages of such a status. 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 […]
Daxue Talks 55: The procedure for closing a company in China
In this China business vlog, Nicolas Coster, a French business lawyer, talks about the nuances that businesses face when closing a company in China. Jump to the questions: 00:27 What are the risks to be aware of when we want to close a company in China? 1:05 What is the procedure for closing a company […]
Paper market in China: Imports and exports in balance
In 2018, 104 million tons of paper was both produced and consumed in China. However, the profitability of the Chinese paper industry is stabling out after an upward trend. The gross profit margin exceeds 13% and operating margin increased from 5.2% in 2013 to 6.5% in 2017. In 2008, the gross profit margin decreased from […]
China Paradigm transcript #92: All what you can learn from a one-stop application for freelancers in China
Find here the China Paradigm 92 and experience the Chinese gig economy with Hammer Guan and his application for freelancers in China, Youbangxin. Full transcript below: Hello everyone. This is China Paradigm where we, Daxue Consulting, interview season entrepreneurs in China. Sofya Bakhta: Hello everyone, I am Sofya Bakhta a marketing strategy analyst at Daxue consulting, […]
China’s recovery from the Coronavirus outbreak
The Coronavirus’ impact on the Chinese economy hit some industries more than others. While some businesses still struggle to recover from shutdown; there is clear evidence for hope in China’s recovery from the Coronavirus. The Economist Intelligence Unit predicts China will be one of three G20 nations without an economic recession. Current predictions of China’s […]
Coronavirus crisis management: Four brands that have done it right
How should brands communicate to Chinese customers during the Coronavirus outbreak? While the epidemic is expanding globally, Chinese economy is gradually emerging from its lethargy. After the country’s quarantine has just ended, Chinese consumer behavior is no longer the same as before. During the epidemic, we have seen giant brands cutting down their operation like […]
Tips on business management during the Coronavirus from entrepreneurs in China
We asked entrepreneurs in China how they coped with the Coronavirus outbreak Our research on crisis management in China has already suggested the most important strategies to ensure business continuity include; embracing social responsibility, adopting technology, caring for employees, and adapting your purpose to new market demands. However to take our research one step further, […]