Chinese firms are attempting to step out of their comfort zones and expand internationally as domestic competition intensifies. This shift has resulted in learning curves, labor law violations, and more diverse supply chains. A BYD manager’s claim on social media that “foreign forces” and some domestic media are deliberately slandering Chinese brands and the country […]
Chinese chipmaker Phytium has achieved a significant milestone by selling over 10 million of its Feiteng series processors, primarily utilized in national projects and essential local industries. This surge in sales comes as the Chinese government restricts the use of American silicon, such as AMD and Intel products, in its operations. Most of these processors […]
By Robert D. Atkinson There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or […]
The decision to expand abroad. The decision has been made to expand internationally. The reasons for this can be diverse. Rarely is a specialist for the target market consulted up to this point; the entry is decided internally and is set. Please also take a look at our Market Entry Framework. Often, the company is […]
Source: Visual Capitalist. In a changing world, can you afford not to be present in at least one BRICS country? Talk to us.
Source: Xinhua UBS, Goldman Sachs, and Nomura have adjusted their forecasts for China’s economic growth in 2024 following a series of stimulus measures implemented since late September, predicting that Beijing will achieve its target of “around 5 percent.” International financial institutions have increased their projections for gross domestic product (GDP) growth in 2024—an otherwise […]
Photo: Wikimedia Commons, Partydoos, CC BY 4.0 Xiaomi is reportedly on the brink of a significant technological breakthrough, having successfully completed the “tape-out” of its first 3-nanometer system-on-chip (SoC) processor, which is set to enter mass production in the first half of 2025. This milestone represents a notable comeback for the company, which had […]
According to a report from S&P Global published on September 19, India is set to emerge as the third-largest global economy by the fiscal year 2030-31. This projection is based on an anticipated annual growth rate of 6.7%, which would also elevate India into the upper-middle-income category. The report forecasts that India’s nominal GDP will […]
The race for nuclear fusion energy has intensified, particularly between the United States and China, as both nations recognize its potential as a transformative clean energy source. In Shanghai, the start-up Energy Singularity exemplifies China’s rapid advancements in fusion technology, having constructed its own tokamak in just three years. This contrasts sharply with the aging […]
Xiaomi, the Chinese smartphone manufacturer, surprised the automotive industry by introducing its first electric car, the SU7, in March 2024. This move was unexpected, as many doubted that an electronics company without experience in car manufacturing could successfully enter auto production. Xiaomi’s EV Factory Xiaomi built a dedicated facility on the outskirts of […]
