Month: April 2017

China Launches New Two-Invoice System in Pharma Distribution

China launched a two-invoice system for drug distribution on a trial basis to improve transparency in drug prices and eliminate excessive profit margins associated with multi-tier distribution models. This is the first time Chinese regulators have officially launched the two-invoice...

/ April 28, 2017

Quality of Leadership Matters Most to Senior Talent in China

Heidrick & Struggles China recently conducted a survey of 151 senior executives at director level or above in mainland China to understand how extensively employer branding affects corporate success, and the factors that attract them to and retain them at...

Labor Dispatch Services

Labor dispatch is an important option for foreign companies in China that require a low cost and flexible hiring process. Whether it is a company that needs to staff a short-term project within a demanding deadline, or one that needs...

/ April 24, 2017

Roundtable Discussion with Matthew Pottinger, Senior Director for Asian Affairs, National Security Council

On April 19, 2017 the US-China Business Council held a discussion with Matthew Pottinger, the Senior Director for Asian Affairs at the National Security Council. Pottinger provided his views on the meeting of Presidents Trump and Xi at Mar-a-Lago and...

/ April 21, 2017

Trade Union Law and Collective Bargaining in China

Industrial action in China entered uncharted territory last year. Labor unrest was previously confined for the most part to the manufacturing and construction sectors – the traditional linchpins of China’s growth. In 2016, however, it spread into the retail and...

/ April 21, 2017

China’s RMB Exchange Rate Issue Needs Objectivity

On February 24, hours after his new Secretary of Treasury, Steven Mnuchin, pledged a more methodical approach to analyzing China’s foreign exchange policy, US President Donald Trump publicly criticized China, labeling the Chinese as the "grand champions" of currency manipulation.

/ April 19, 2017

At Your Fingertips: Approaching China’s Mobile App Store Market

‘Appification’, or the process whereby web pages are translated into mobile operating systems for ease of access and use on smartphones, has gained momentum in China. As a result , mobile apps have become the main user interface, and have...

/ April 17, 2017

The Road to Globalization for Chinese Multinationals

Chinese companies looking for deals abroad face five main challenges when globalizing through M&A —including the often overlooked human capital.

/ April 14, 2017

The Pulse of China’s Healthcare

The Chinese healthcare sector, which accounted for 6 percent of the country’s GDP in 2016, is expected to capture a 10 percent share in the coming years. Racing to establish a modern system of coverage, services, and products to accommodate...

/ April 12, 2017

Closing Shop on China’s e-Commerce Platforms

It is old news that the Chinese market is highly competitive and unlike any other in the world. Products that sell in London are not guaranteed to sell in China. The rainbow-lensed promises of e-commerce seem to be an easy...

/ April 10, 2017