The basic purpose of a business is to make a profit for its investors. But solely focusing on profits does not make a company impactful. Various studies have shown that businesses that spend time on social activities not only attain…
The Chinese tech industry’s grueling work schedule is making its workers exhausted, tired, and mentally depressed. Dubbed “996,” indicating the work schedule of 9 a.m. to 9 p.m. six days a week, employees are now starting to protest.
Pre-orders for Tesla’s China-manufactured model attracted huge traffic to its website when it launched recently. The company is projected to start deliveries to customers in China from its domestic plant within the next 6-10 months.
Light is brightest just after darkness — ask any entrepreneur.
An important part of Beijing’s “Made In China 2025” plan is dominating the automobile sector. Despite being a global manufacturing hub, China has failed to produce a single car brand that is popular worldwide. This is largely because Chinese cars…
Recently, Chinese entrepreneur Jack Ma kicked up a storm online after he suggested that working 12 hours a day was necessary and that it shows the dedication of an employee toward their company. While some supported his statements by arguing…
In China, Starbucks has been the leading coffee chain for several years. But a 2-year-old local company, Luckin Coffee, is now challenging Starbucks and is growing at an unprecedented rate.
Half a year after the arrest of its chief financial officer by Canadian police, the world’s biggest telecommunication firm suffered a new blow after the U.S. government put it on a list that effectively bans the named companies from acquiring…
Global e-commerce giant Amazon has announced that it will be shutting down its domestic marketplace in China. Amazon apparently could not compete with local e-commerce rivals and decided that pulling the plug would be an economically wise decision.
Lei Jun, the founder of Chinese smartphone manufacturer Xiaomi, will be receiving a huge US$1 billion bonus for his contributions to the company. The billionaire entrepreneur has pledged to donate it all to charity.
The basic purpose of a business is to make a profit for its investors. But solely focusing on profits does not make a company impactful. Various studies have shown that…
The Chinese tech industry’s grueling work schedule is making its workers exhausted, tired, and mentally depressed. Dubbed “996,” indicating the work schedule of 9 a.m. to 9 p.m. six days a week,…
Pre-orders for Tesla’s China-manufactured model attracted huge traffic to its website when it launched recently. The company is projected to start deliveries to customers in China from its domestic plant…
Light is brightest just after darkness — ask any entrepreneur.
An important part of Beijing’s “Made In China 2025” plan is dominating the automobile sector. Despite being a global manufacturing hub, China has failed to produce a single car brand…
Recently, Chinese entrepreneur Jack Ma kicked up a storm online after he suggested that working 12 hours a day was necessary and that it shows the dedication of an employee…
In China, Starbucks has been the leading coffee chain for several years. But a 2-year-old local company, Luckin Coffee, is now challenging Starbucks and is growing at an unprecedented rate.
Half a year after the arrest of its chief financial officer by Canadian police, the world’s biggest telecommunication firm suffered a new blow after the U.S. government put it on…
Global e-commerce giant Amazon has announced that it will be shutting down its domestic marketplace in China. Amazon apparently could not compete with local e-commerce rivals and decided that pulling…
Lei Jun, the founder of Chinese smartphone manufacturer Xiaomi, will be receiving a huge US$1 billion bonus for his contributions to the company. The billionaire entrepreneur has pledged to donate…
When a Chinese-funded bottled water project was proposed near Lake Baikal, local Siberians were angry. They were worried that such a plant would end up ruining the pristine natural environment.…
In March, the Food and Drug Administration lifted an import ban on Canadian-produced genetically modified (GM) salmon, which is the world’s first GM animal approved for human consumption.
The Apple Credit Card may be the next big thing the trillion-dollar company has to offer. But consumers are starting to get wind of the downsides of the supposedly revolutionary…
Imagine making thousands of dollars just for coming up with names for babies. That is exactly what 19-year-old Beau Jessup from Britain does. Owner of “Special Name,” a website that…
Purchasing construction equipment, whether it’s new or new-to-you, is a significant investment and one that might be out of reach for small companies. You have two options to add a…
The richest businessman in India, Mukesh Ambani, saved his brother from a jail term after paying off the later’s outstanding debt of around US$67 million to Swedish telecom equipment maker…
Six Chinese citizens have accused FAW-Volkswagen of manufacturing “poisonous” vehicles after people close to them developed leukemia following the purchase of Audi cars from the company. FAW-Volkswagen is a joint…
China has always attempted to isolate Taiwan internationally and eliminate its identity. In another such brazen attempt, Beijing forced a New Zealand plane to turn back to Auckland while en…
The Chinese government places some strict regulations on foreign firms operating in the country. Last year, the administration passed a new set of laws that further breached the rights of…
As an international boycott of Huawei continues, the CEO of the company has come forward and held a press conference to declare that they will never hand over any customer…
