Chinese President Xi Jinping met with Brazilian President Luiz Inacio Lula da Silva in Beijing on Tuesday during Lula’s state visit to China. Xi noted that, following the 50th anniversary of diplomatic relations between the two countries last year, China and Brazil had elevated their ties to a community with a shared future aimed at […]
Data and Figures by ASPI Critical Technology Tracker Can you afford not to be in China? Talk to us, we’ll help you succeed in China.
The company aims to challenge the dominant local player by offering lower commission rates to restaurants and subsidizing delivery fees for customers. Operating under its international brand, Meituan plans to introduce its superapp model, which integrates food delivery with other services like hotel bookings and financial products. The company intends to recruit 50,000 delivery riders […]
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 […]
