With almost 1.4 billion people, China is the world’s largest consumer market. The Asian giant has the largest economy globally by Purchasing Power Parity and the second-largest economy by nominal GDP. Chinese consumer expenditure is expected to triple to over $6 trillion a year by 2022. So, what else do international companies know before exporting
Read More
Business
Does China have a minimum wage? The short answer is yes. But different regions of China have a different standard of living; therefore, the universal minimum wage in China does not exist. Instead, the local officials are responsible for setting the minimum wages for each province, region, or municipality according to the local living standards
Read More
As part of our global expansion, we are happy to inform you that on November 10, 2020, the consulting company Xinergy Global has agreed to sign Memorandum of Understanding with VINT Consult, a consulting firm based in Minsk, Belarus. In the past six months, both sides were engaged in serious discussions regarding the added value
Read More
Product
In the modern era, more business and personal transactions are being conducted over the internet than ever before. Large corporations and small businesses rely on electronic payments, or e-payments, to receive funds from clients and customers and pay employees and contractors for their services. Countries with large economies have quickly adopted electronic commerce payment systems
Read More
Following environmental roundtable discussions during several G7 summits, the participating countries have agreed to minimize greenhouse gas emission by all costs, and encourage technological innovation through performance-based incentives. China, while not a G7 member, also has an obligation to invest in low carbon economic growth, including partnerships and collaborations with G7 nations on environmental projects.
Read More
Media
Today, Chinese women make up many of the world’s billionaires. However, it was not always like this, women in China traversed a harsh path to achieve what they have at present. This article seeks to explain the history of women in China and highlight where they are today.
