China’s growing concern over low birth rates and an aging population have once again been enhanced by the latest numbers for 2021 released just recently by the National Bureau of Statistics of China(NBSC). The birthrate fell to 0.752%, the lowest point since 1949 when the PRC was founded[i], which has had analysts worried about Beijing’s […]
Observation Room – Is China Losing Its Population Card? Read More »
Our previous CNY 2022 Special has illustrated the tendency of not saying No in Chinese culture and the reasons behind this mindset. Many Chinese people have been raised to not say “NO”, or at least to indicate in an unnoticeable way, regardless of the circumstances. In the case of communicating with a supplier from China,
When doing business with a Chinese supplier or factory, you may notice there’ll be at least one English speaking staff member that will be in charge of dealing with the overseas clients. Chinese representatives in charge of communicating with their western clients are mostly young and inexperienced. But make no mistake, it doesn’t mean they
Don’t Take Yes for An Answer-CNY 2022 Special: Chinese Business Culture Takeaways Read More »
It’s only about a month away till Chinese New Year(which is February 1), but your supplier or manufacturer might start taking their “Spring Break” as early as mid-January, as tens of millions of workers have to travel back home, regardless of their location, for the holiday most cherished in the Chinese culture, leading to the
It was a pretty good wrap up of 2021. The China manufacturing saw an unexpectedly delightful growth in December, as the Caixin Markit General Manufacturing PMI rose to 50.9 from 49.9 in November, which is the highest since July last year. [i] The number also echoes the growth of 50.3 reported by the National Bureau
Observation Room – What Awaits China Manufacturing in 2022? Read More »