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Why Mobile Payments Are a Big Hit in China

China’s mobile payment ecosystem has taken off in a big way. To put things into perspective, while Apple Pay is estimated to have 127 million users, Chinese payment apps like…

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US Markets Have a Trade War Edge Over China

Chinese stock indexes have posted steep losses in recent months, with market volatility rising so far this year, but U.S. stocks are up and volatility is down. Indeed, with the U.S. markets on a…

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The Chinese Communist Party Abuses Anti-Trust Law

Forcing American firms to give up their technologies, the Chinese Communist Party (CCP) has persistently denied the accusations by the United States of stealing U.S. intellectual property rights, even going so…

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6 Fake Holidays Invented by Businesses

Holidays used to be linked to a religion or tradition for the most part in history. As societies became highly consumerist, businesses started creating fake holidays to boost their sales. Unlike…

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How IKEA Sells Furniture to Indians

When Swedish furniture retailer IKEA entered the Indian market, it did so after thorough research into the country’s culture, spending habits, buying preferences, and so on. The company’s executives visited…