INSIGHTS FROM DACARE GROUP
China business. People. Perspective.
Explore manufacturing, sourcing and recruitment in China — with a connection to the people behind the business.
FROM THE ARCHIVE Articles & perspectives
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The country is poised to become the No. 2 exporter of passenger vehicles, surpassing the US and South Korea and risking new tensions with trading partners and rivals. By Tom Hancock 2023.1.26 When Andreas Tatt, a manager at a greeting card company…
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By Henry M. Paulson, Jr. January 26, 2023 For all the talk of how we have entered a new global era, the last year bears a striking resemblance to 2008. That year, Russia invaded its neighbor, Georgia. Tensions with Iran and North…
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Shanghai is home to one-third of the artificial intelligence professionals nationwide, drawing firms and organizations to the city to tap the talent pool and potential AI development, a top city government official said today. Besides the talent pool, Shanghai has an advanced…
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Carriers face competition from booming railway industry, fuel costs China’s major airlines recently released their annual profits for 2017, with all reporting a jump in profit due to soaring travel demand. Air China said on Tuesday that its net profit in 2017…
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China’s top tier cities may elevate themselves from regional centers to future global metropolises, with advantages in sectors such as smart cities and artificial intelligence. International investors from global giants like Boeing, Merck and Siemens shared this view at the Annual Investment…
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Policy support to reduce costs, higher sales help boost growth The nation’s industrial profits grew significantly in the first two months of the year, thanks to policy support to lower costs and higher sales offsetting weaker price rises. Industrial profits increased by…
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New analysis from market observation firms Kantar Millward Brown and Wire & Plastic Products Group now lists Tencent as China’s most valuable brand. The analysis is part of the group’s “2018 BrandZ Top 100 Most Valuable Chinese Brands” ranking and report. The…
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Pony Ma Huateng, chairman and CEO of Chinese internet giant Tencent, indicated his support for the company’s listing both in Hong Kong and the Chinese mainland, and said he has discussed Tencent’s A-share flotation during the two sessions, which concluded last week.…
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Market share of the Chinese top 100 real estate companies reached about 50 percent in 2017, up 7.9 percentage points year-on-year, suggesting a trend for concentration in the domestic property industry, report said. Total sales of those companies grew 32.8 percent to…
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China’s Ministry of Human Resources and Social Security announced the country’s 2017 monthly minimum salary standard and hourly minimum salary standard among 32 provinces and cities. According to the data, Shanghai’s monthly minimum salary was top in the country last year, with…