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Developing China-Singapore’s relationship through Chongqing

On 27 February 2017, Singapore’s Deputy Prime Minister, Mr. Teo Chee Hean, travelled to China to attend the 13th Joint Council for Bilateral Cooperation (JCBC). This year the JCBC focused on the reinforcement of China-Singapore’s relationship and the three Government-to-Government initiatives currently in place. The JCBC is the top...

Didi Chuxing China; the new startup taxi based hailing service is taking the old startup Uber out of the game

A luminous taxi top sign Founded in 2012, DiDi is the one of the world’s largest mobile transportations service platforms, offering a broad range of mobile technology-based options across over 400 major Chinese cities. DiDi services include i) taxi hailing, ii) private care hailing, iii) hitch (social ride -sharing),...

China’s investment in Ethiopia

Ethiopia light train. A project funded by China On the 20th of September 2015, Ethiopia’s Addis Ababa Rail project, a light rail transportation system, began its operation. The urban rail project, valued at $475m, is funded by China. In addition, Beijing shows its vital role in Ethiopia’s infrastructure construction...

“Make in India” is the new “Made in China”

Rangoli / Kolam, folk art from IndiaPhoto by McKay Savage, available under a Creative Commons Attribution 2.0 Generic (CC BY 2.0) license. What is “Make in India”? “Make in India” is a government initiative started in 2014 by India’s Prime Minister, Narendra Modi, to encourage investment, foster innovation, and...

Setting up a WFOE in China

What is a Wholly Foreign-Owned Enterprise (WFOE)? A Wholly Foreign-Owned Enterprise (WFOE) refers to businesses in China which are 100% foreign-owned, as opposed to joint ventures which involve at least one domestic (mainland Chinese) partner. WFOEs were previously subjected to strict restrictions, such as the capital requirements which were...

China still growing strong – OECD

The Organisation for Economic Co-operation and Development (OECD) forecasts that China’s economy will grow by 8.5% in 2013, and even more in 2014. This assessment is one of the most positive outlooks for the world’s second-largest economy, which the OECD predicts to receive increased investment spending in the coming...