In the past, China purchased licenses to sell medicines from Western companies. But today, China sells its own medicines to the West. The previously attractive market has changed profoundly, says China lawyer Mark Schaub on the website of his law firm King&Wood. “For many international companies if the question is “How do we sell into China?” then they may be increasingly playing yesterday’s game,” he writesRead More →

In Northern China, the building of the new city Xiongan New Area is in full swing, writes China expert Ashley Dudarenok on her weblog. “These developments signaled serious progress toward creating a liveable, diverse city rather than a sterile administrative zone,” she writes.Read More →

Easy return policies have been a key in e-commerce, but AI is offering China’s consumers an easy way to commit fraud, writes consumer expert Ashley Dudarenok on her weblog. A buyer purchases a product, photographs it in good condition, and feeds the image into an AI tool with a simple instruction: “Add mold spots to this fruit” or “Create a tear in this clothing item,” she writes. Read More →

The blockage of the Street of Hormuz threw the world into a fuel crisis, while China was able to fend off most of the effects. China veteran Kaiser Kuo describes how the strategy of electrification offered a way for China to avoid the spike in fuel prices, although it is not clear if other countries can copy this strategy, he explains at the World Economic Forum.Read More →

Business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, discusses the push for a war with China, now that NATO Secretary-General Mark Rutte has identified China as the real enemy for the organisation, even though China is eager to improve relations with European countries, he tells George Galloway at Moats. Read More →