PayPal is the first-ever foreign company to acquire a domestic payment license in China. How its journey will fare with the Chinese population and administration is still up in the air. PayPal is planning for success in this vast market. The markets of China and the United States are very different, and it will be ...
In September, the Chinese Communist Party (CCP) published a set of guidelines, asking its members to educate private businesses and businessmen so as to “weaponize their minds with [Xi’s] socialism ideology.” The new directive noted that the private sector needs “politically sensible people” who will listen and “follow the Party.” Instilling socialism in private businesses ...
Deciding to become a business entrepreneur can be a tough choice for many people. You will be leaving the comforts of a salaried job and forced to confront the future without any financial security. Most people who plan on being an entrepreneur eventually end up giving up their dreams due to fear of failure. However, ...
Doreen Hegemann is a Germany-based business coach and strategy consultant, and is also an honorary member of the board of the European Women’s Management Development Network (EWMD). She paid her first visit to Taiwan in 2000 after she came across a Taiwanese studying the English language in Scotland in 1995 and was interested in the ...
Every business requires effective communication tools to carry on their business operations smoothly. Although there are numerous tools available in the market, one solution that most enterprises seem to prefer is Skype for Business. And as a business owner, you should consider making the service a part of your operations. Reduce business expenditures with Skype ...
For almost 1,500 years, Sun Tzu’s The Art of War has been a significant influence in the Far East. Published in Chinese, it was soon translated into Korean and then to Japanese. The book became a necessary manual for most military strategists in these countries. In fact, Takeda Shingen, a Japanese feudal lord during the ...
The phenomenon of Chinese birth tourism has picked up in recent years as more and more Chinese women are looking to give birth to their babies in the U.S. This trend is witnessed across classes. Basically, anyone who can afford to travel to the U.S., temporarily stay there, and pay for all medical expenses, can facilitate the ...
Chinese culture is important, as it plays a significant role in defining every aspect of a Chinese individual’s life. This includes the way the individual conducts business, how one treats the family and elders, how responsibilities are distributed in a family, and so forth. As a result, understanding Chinese culture and its influence on society ...
New research has revealed how people being intelligent, rather than their personality traits, leads to success. Researchers at the Universities of Bristol, Minnesota, and Heidelberg devised a series of games to find out which factors lead to cooperative behavior when people interact in social and workplace situations. Their findings, due to be published in the Journal of ...