Business

The Ups and Downs of Chinese Interest in Western Companies

The year 2016 was a massive year for Chinese companies out to buy Western companies or majority shares in them. Only in the first three months of 2016, Chinese groups spent around US$103 billion on mergers and acquisitions of big firms in the U.S. and Europe. Prior to that, in 2015, Chinese investors had spent US$107 ...

Nspirement Staff

New York City.

Is China Prepared to Call In Its Chips?

President Trump’s decision to slap import tariffs to the tune of $60 billion on China has certainly put U.S.-China relations into a new context. It has also led to a global debate of whether or not the world is going to witness an international trade war. The U.S. president directly called out China for its ...

Armin Auctor

The Real Victims of the Trade War

The current U.S.-China discourse over import tariffs is certainly heating up. As a result, the severity and the size of the “war” aside, a trade war is surely impending. The victims of this kind of wars aren’t individual nations. They are industries or sectors as a whole that go beyond borders and affect overall economies. ...

Armin Auctor

A container ship.

The Fate of PayPal in India and China

In the advent of making Indians go cashless, PayPal is strengthening its foothold in the Indian market at the right time. While PayPal was recently launched for domestic operations in India in November 2017, it has been available for Indian users since 2011, albeit with a per transaction limit. On the other hand, PayPal was ...

Armin Auctor

5 Tips to Successfully Negotiate With Powerful Chinese Companies

There are rules to follow to successfully negotiate with powerful Chinese companies. The game is unbalanced in favor of the Chinese companies. After all, you’re on their home ground playing by their rules. But you can still successfully negotiate in China by following the tips below. 5 tips to follow to successfully negotiate with powerful ...

John Andress

Two men in suits shake hands across a desk while a woman takes dictation.

Your Personality Traits May Play a Major Role When Dealing With China

In the United States, business relationships are formal and typically based on contractual agreements, while in China, personality traits play a much bigger role. In China, business relationships rely more on the long-lasting culture of guanxi, a mixture of personal and public relationships that affect all individuals and organizations. Now, researchers from the University of ...

Troy Oakes