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China Market Entry Strategies? It’s Easy If You are Smart about It

China Market Entry Strategies? It’s Easy If You are Smart about It

Entering the Chinese market is a bit like job hunting — you need to grab attention and get yourself through the doors first. This might sound like an oversimplification, but it’s pretty accurate in telling you how to enter the Chinese market.  Despite how the country embraces the consumerism found in other countries, China’s market…

China publishes its first law on the protection of personal data

China publishes its first law on the protection of personal data

Data flow between China and Europe: On November 1, 2021, the Personal Information Protection Law (PIPL), a tough equivalent of the GDPR, entered into force in China. It is in addition to the legislative arsenal in place (in particular the Cybersecurity Law of 2017 and the Data Protection Law of 2021). It clarifies and strengthens…

China’s Exports are Slipping due to Several Challenges in 2020

China’s Exports are Slipping due to Several Challenges in 2020

After joining the World Trade Organization in 2008, China has become the world’s factory, foreign trade has developed rapidly, and the annual export growth is on average 1.5 times that of GDP, and foreign trade has become the fastest in the “troika”. Chinese export, as one of the troikas in driving economic growth, is severe…

Supermarkets chains in China: Aldi & Costco’s success
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Supermarkets chains in China: Aldi & Costco’s success

Supermarkets in China are becoming more and more prevalent. Most of these chains have shares held by foreign investments and only a few of them are fully domestic. China’s grocery retail market was forecast to grow by 32.6% by 2022. However, grocery retailers in China have been facing hard situations. There are a lot of…

How to sell to Costco China?

How to sell to Costco China?

Costco entered China recently with a big buzz and sold online. How to start selling with Costco China? how to contact them and convince them? Costco: the company that went international Costco is the first international supermarket owner and the world’s third container ship-owners. Before becoming the huge player it is today, Costco was initially…