Author: dickey

Today GM decided that it would move the international operations headquarters from Shanghai to Singapore. This is a huge blow to Shanghai, which has been making efforts to encourage more international businesses to open their Asian headquarters in the city. Shanghai has recently been losing out to Hong Kong and Singapore for the international headquarters.… Continue reading GM Moves to Singapore →

Satellite towns in Hong Kong have recently begun to face the problems of an aging population. The towns were built in the 1970s, and at the time the nation did not realize that in the future, the satellite towns would need to hold a much older population. Many of the housing opportunities are simply not… Continue reading Satellite Towns Elderly Problem →

China currently is facing a huge education mismatch problem. Educated young people coming right out of college are unwilling to work the factory jobs that their parent’s held. What China needs is assembly-line workers who do not mind working all day long on backless stools. Factory manager Jin Tao is having a difficult time finding… Continue reading Education Mismatch Problem →

After the great economic success of the Beijing Summer Olympics in 2008, China is seeking to host the 2022 winter games. This time it would not take place exclusively in Beijing, but rather jointly in Beijing and Zhangjiakou (110 miles northwest of the capital). The plan would be fore Beijing to host the ice events… Continue reading China Bids for 2022 Winter Olympics →

Recently, China has been making efforts to increase overseas direct investment (ODI). Although this new push is still less than foreign investment into China, it is still a noticeable change in Chinese state owned firms investment preferences. In particular, Fosun International just paid $725 million for 1 chase Manhattan Plaza, Greenland invested in Atlantic yards,… Continue reading ODI →

  For the first time in four years, China’s corn harvest is expected to decline due to severe flooding in one province and a drought in another. “It’s been an extremely variable year,” said Mark Oulton, the market research director for SGS. “When you have two top producing provinces suffering from serious problems, it has… Continue reading Chinese Corn Production Decline →

Relationships are critical to business in China, however at JP Morgan, nepotism may be the bank’s downfall. Recently the SEC has been looking into JP Morgan to see if the company favors hiring the children of powerful Chinese officials in order to gain favors. While there are not any formal charges yet against the bank,… Continue reading JP Morgan Guanxi →

In November, President Xi Jinping and Prime Minister Li Keqiang will release their plans for reforming the Chinese economy during the Third Plenum of the Communist Party’s 18th National Congress. While the proposed changes to economic policy will most likely be quite general, there is still some hope for future growth in the Chinese economy.… Continue reading Hope for China’s Economy Getting Back On Track →

China’s high-speed rail system has been open for just over five years, and is finally making an impact on the way the nation conducts business. Prior to the introduction of the high-speed rail system, Chinese businessmen would have trips delayed and complicated by hours waiting on late flights, and driving through difficult to navigate countryside.… Continue reading Chinese Bullet Trains Changing Business →

Although Ikea has provided a home furnishing and bedding market in China for fifteen years, the home superstore just recently developed a greater understanding of the Chinese marketplace. While Ikea is a Swedish/Dutch based company, the store is widely known all over the world for their reasonably priced home goods. Especially considering China’s obsession with… Continue reading Ikea Learns Chinese Consumer Customs →