Aspiring Chinese enterprises may be able to seize opportunities that emerge from the economic crisis and elevate their position in global value chains, provided that the European and North American markets don’t suffer for too long.
Tackling a global economic recession will require not only quick and aggressive responses, but also a prudent, rational and targeted approach.
China and India have been working hard to shed their images as the workshop and the back office of the world respectively. But now, the two nations are competing to become the “global turn-key contractor”.
After patterning itself after eBay, Taobao is now copying another foreign Internet icon.
The world economic downturn is forcing Chinese real estate developers to fast-track their own initiatives in order to weather the financial storm.
To what extent will the first black president in US history change Sino-US relations?
With the dramatic dip in global oil prices, China now has an ideal opportunity to reform its fuel pricing system.
The transition, reshaping and upgrading of the Chinese economy in the next few years will provide a broad stage for venture capitalists.
By seizing this opportunity, China will be able to demonstrate its responsibility and ability to lead as a global power. It will also lay a solid foundation for the country’s economic momentum over the next 30 years.
For China, being fully prepared for the tremendous changes occurring to external demand is imperative.