In this six-part business guide to doing business in China produced by Hawksford, we’ll give an overview of what you need to consider before entering the market. Ranging from localisation, to the legal and banking systems, to type of company set up. This series is a great jumping-off point to understand the many nuances of doing business with China. Part 5: Sector-specific opportunities There are opportunities for doing business in …
AI
- CultureTechnology
Grassroots collaborations between China and the US aren’t completely doomed, explains Matt Sheehan, but they may provide an opening for the UK
by Paul Frenchby Paul FrenchMatt Sheehan spoke to Paul French about his book “The Transpacific Experiment,” which discusses interdependent socioeconomic exchanges in the field of tech. Matt Sheehan is a Fellow at the Paulson Institute’s in-house think tank. Based in the San Francisco Bay Area, he was formerly the China correspondent for The Huffington Post. His recent book “The Transpacific Experiment: How China and California Collaborate and Compete for Our Future” (Counterpoint, 2019) argued …
- FinanceTechnology
Sara Hsu explains the benefits of China’s fintech explosion
by Paul Frenchby Paul FrenchPaul French caught up with Sara Hsu to find out where the Chinese fintech revolution is heading Anyone who has spent five minutes in China recently knows that financial technology – or fintech – is massive. WeChat Wallets, Alipay, and a few dozen other systems are making financial services more efficient and accessible, and cash increasingly redundant. In ‘China’s Fintech Explosion’ (Columbia University Press), Sara Hsu and Jianjun Li argue …
By Tom Pattinson It’s very obvious and easy to criticise its all-seeing Social Credit System and wide use of facial recognition. There’s little doubt that Chinese citizens are always being watched and monitored, and that there’s a well enforced punishment and reward system in place to enforce it. So far so Orwellian. But in fact, speak to many Chinese citizens and they will tell you that the cost of paying …
- Technology
The oracle of artificial intelligence, Kai-Fu Lee says China will become the global AI leader
by Paul Frenchby Paul FrenchKai-Fu Lee is a Taiwanese-born American computer scientist, businessman, and writer based in Beijing. He has worked in China with Apple, SGI, Microsoft and, most recently, as President of Google China. He now oversees the Venture Capital fund Sinovation Ventures. In his recently published book AI Superpowers: China, Silicon Valley, and the New World Order, Lee describes how China is rapidly moving forward to become the global leader in AI, …
China has launched a national Social Credit System that takes data from multiple points to create a financial and social rating profile of individuals and companies. Tom Pattinson explains what it is and how it works: What is China’s Social Credit System? Back in 2014, the government of China announced a plan to implement a social credit rating system and started rolling out pilot programmes across the country with aims …
The rise of artificial intelligence is going to bring about many changes in all of our lives, and a combination of China’s governmental support and Britain’s innovative companies will make the two nations sit at the forefront of those changes, write Tom Pattinson and Mark Hedley Artificial Intelligence (AI) has already infiltrated so much of our lives. The targeted ads that pop up on social media, the recommendations to buy …
Jiong-Jiong Yu, senior retail analyst at IGD, reveals the top trends shaping developments at China’s largest grocery retailers China is entering a new phase of retail, becoming more digitised and integrated, with a greater focus than ever on improving the shopping experience. Technologies such as digital price tags, mobile apps, speedy home delivery, scan & go, and facial recognition are being widely adopted – but what else is driving growth? …
Richard Robinson has been at the forefront of China’s tech revolution as a co-founder of start-ups, and an investor or advisor to dozens more, helping three list on the stock exchange. Here he talks about his journey watching China come from behind to overtake the world when it comes to tech Next month is my 25th anniversary of arriving here in Beijing via train from Prague via Russia and Mongolia …
Britain’s strengths in technology and education make it a strong partner for China’s booming EdTech sector, writes Lauren Buchan China and the UK both have ambitions to become global leaders in innovation, and Artificial Intelligence (AI) is helping achieve these goals. Adoption of AI is increasingly seen in a wide variety of sectors and the education sector is no exception. A rise in e-learning, app-based education and Massive Open Online …

