Category: Tech

IT Solutions: Improving Efficiency, Accuracy and Transparency in Payroll Processing in China

The digitization of business functions is not a new phenomenon, particularly in developed economies. However, the adoption of technology for HR and payroll processes in developing countries such as China is far less common. Arguably, it is in these countries...

/ November 29, 2017

Healthcare Series Part 2: New Bidding and Tendering Law Promising for Healthcare Companies, If Implemented

Chinese regulations on tendering and bidding practices published by the Ministry of Finance (MOF) in July are a promising sign for US pharmaceutical and medical device manufacturers that government procurement behavior will be better regulated to guarantee consideration of quality...

/ November 22, 2017

How to Protect Your Business from Trademark Squatters in China

Trademark squatting is a form of intellectual property rights (IPR) infringement that is especially rampant in China. US firms are typically more vulnerable to trademark squatting in China because unlike the US, China follows the ‘first to file’ system rather...

/ November 17, 2017

Healthcare Series Part 1: Reimbursement Drug Lists

Recently announced provincial reimbursement drug lists (PRDLs) provide possible new opportunities for US pharmaceutical companies seeking to expand market reach for their drugs in China. These updated subnational lists largely reflect the national reimbursement drug list (NRDL), which was released...

/ November 1, 2017

Why the Rise of Robots Will Hit Developing Countries Hardest

In spite of the anti-globalization rhetoric offshoring isn’t the main culprit for the decline of manufacturing jobs. A 2015 Ball State analysis found that 87 percent of American manufacturing job losses over the preceding decade could be attributed to automation...

/ October 11, 2017

Officials Reverse Course on Cross-border Ecommerce

Providing a small amount of stability in a year of significant changes for cross-border ecommerce, the Chinese government recently halted a move to increase regulation — and costs — of foreign goods purchased online by consumers in China. Observers believe...

/ August 9, 2017

Changing Tastes: China’s Imported Wine Industry

China’s taste for wine is growing rapidly. A number of opportunities are presented for both online and offline wine importers. The supply and demand side trends, as well as key considerations for the differing distribution channels and challenges in the...

/ June 21, 2017

Child’s Play: Opportunities in China’s Toy Industry

China’s toy industry posted strong growth in 2016, countering recent trends in China’s light industry sector. While China’s total exports dropped by 7.7 percent and imports by 5.5 percent in 2016, toy exports rose by 9.5 percent and imports by...

/ June 7, 2017

New Five-Year Plans Promote Energy Industry Reform

Facing ongoing pollution challenges and a push to diversify energy sources, China’s energy planners kicked off 2017 by announcing an array of 13th Five-Year Plans (13FYPs). Offering quantifiable short-term goals for limiting reliance on coal in favor of oil and...

Great Expectations

A global study by Brunswick Insight finds that the younger generations look at the world tomorrow, and businesses today, with optimism.