31/08/2022 l Update about Travel Restrictions to China for Belgian citizens
The summer holiday has passed, but unfortunately, two years and a half after the first Covid-19 outbreak, we are still not able to report the good news that you will be able to travel to China again without quarantine measures, regular testing and administrative hassles. In this article we have prepared the latest update. For updated information, we advise you to check the official websites. The timing of China’s re-opening to the world for regular travel is still difficult to predict. Th...
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The summer holiday has passed, but unfortunately, two years and a half after the first Covid-19 outbreak, we are still not able to report the good news that you will be able to travel to China again without quarantine measures, regular testing and administrative hassles. In this article we have prepared the latest update. For updated information, we advise you to check the official websites. The timing of China’s re-opening to the world for regular travel is still difficult to predict. Th...
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17/08/2022 l Five reasons to keep China on your radar - Interview with Bart Horsten
The Belgian-Chinese Chamber (BCECC) interviewed Bart Horsten about his advice to European companies which have decided to put their China plans on hold or even abandon them entirely. Bart Horsten (middle), together with his two brothers Tom (left) and Wim (right) Due to the pandemic and the ongoing geopolitical and supply chain challenges during the past 2.5 years, European importers and exporters are looking for alternatives for their China business. Companies sourcing products or raw ma...
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The Belgian-Chinese Chamber (BCECC) interviewed Bart Horsten about his advice to European companies which have decided to put their China plans on hold or even abandon them entirely. Bart Horsten (middle), together with his two brothers Tom (left) and Wim (right) Due to the pandemic and the ongoing geopolitical and supply chain challenges during the past 2.5 years, European importers and exporters are looking for alternatives for their China business. Companies sourcing products or raw ma...
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28/07/2022 l 14 Chinese brands in the Top 100 Most Valuable Global Brands ranking
On 16 June, Kantar Group, a global brand data and analysis company, released the ‘2022 Kantar BrandZ Top 100 Most Valuable Global Brands’ list. In 2006, only one Chinese brand (China Mobile) featured in the Top 100. Fast forward to 2022, and the list already includes 14 Chinese brands, demonstrating China’s growing power in the global economy. American brands Apple, Google, Amazon and Microsoft are still leading the list, with Tencent following as the first non-US brand and th...
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On 16 June, Kantar Group, a global brand data and analysis company, released the ‘2022 Kantar BrandZ Top 100 Most Valuable Global Brands’ list. In 2006, only one Chinese brand (China Mobile) featured in the Top 100. Fast forward to 2022, and the list already includes 14 Chinese brands, demonstrating China’s growing power in the global economy. American brands Apple, Google, Amazon and Microsoft are still leading the list, with Tencent following as the first non-US brand and th...
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13/07/2022 l Foreign Direct Investment into China recovering
China is still struggling to get out of the Covid-crisis. In the past articles, we already talked about these challenges, including lockdowns, supply chain issues, sluggish retail sales and industrial production declines in China. However, in recent months, we also noticed some positive signs, such as the positive evolution of increasing foreign direct investments (FDI) into China and foreign trade data. Foreign Direct Investments (FDI) in China Western observers claim that China's zero covi...
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China is still struggling to get out of the Covid-crisis. In the past articles, we already talked about these challenges, including lockdowns, supply chain issues, sluggish retail sales and industrial production declines in China. However, in recent months, we also noticed some positive signs, such as the positive evolution of increasing foreign direct investments (FDI) into China and foreign trade data. Foreign Direct Investments (FDI) in China Western observers claim that China's zero covi...
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15/06/2022 l Supply Chain from China
Since the beginning of June, Beijing and Shanghai businesses have reopened and residents have been released after a very long and strict lockdown, but some districts and communities are still in lockdown. These lockdowns have contributed to the difficult circumstances which already affected global supply chains since the year before. In March 2022, we already presented a gloomy logistics outlook for 2022 (see following link). Unfortunately, our fears that new Covid-outbreaks in China may lead to...
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Since the beginning of June, Beijing and Shanghai businesses have reopened and residents have been released after a very long and strict lockdown, but some districts and communities are still in lockdown. These lockdowns have contributed to the difficult circumstances which already affected global supply chains since the year before. In March 2022, we already presented a gloomy logistics outlook for 2022 (see following link). Unfortunately, our fears that new Covid-outbreaks in China may lead to...
> read more
01/06/2022 l Incentives and funding for tech SMEs in China
When planning to enter China, many European companies wonder whether it is possible to get any incentives or subsidies in China. Recently, the EU SME Centre published an extensive report about this topic. In this article we present a summary, but more details can be found in the EU SME Centre’s report, freely accessible by EU SMEs and business organisations at https://www.eusmecentre.org.cn. A recording of the recent webinar can also be found at the following link: https://www.youtube.com...
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When planning to enter China, many European companies wonder whether it is possible to get any incentives or subsidies in China. Recently, the EU SME Centre published an extensive report about this topic. In this article we present a summary, but more details can be found in the EU SME Centre’s report, freely accessible by EU SMEs and business organisations at https://www.eusmecentre.org.cn. A recording of the recent webinar can also be found at the following link: https://www.youtube.com...
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11/05/2022 l How to Manage your China Business in Corona Times?
Many European companies are still struggling how to manage their China business from a distance. For those who haven’t started in China yet, should they better completely forget about the China market in the first place? I don’t think so… We have a good solution for this problem. In the past 2 decades many of our customers and projects have managed to be successful in China without a legal entity or a full-time team in China during the first years of their China project. H...
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Many European companies are still struggling how to manage their China business from a distance. For those who haven’t started in China yet, should they better completely forget about the China market in the first place? I don’t think so… We have a good solution for this problem. In the past 2 decades many of our customers and projects have managed to be successful in China without a legal entity or a full-time team in China during the first years of their China project. H...
> read more
05/05/2022 l 'Dual Circulation' explained
Since 2020, the Chinese government has started to propagate the concept of ‘dual circulation’. Dual circulation refers to domestic circulation on the one hand and external circulation on the other hand. The term ‘circulation’ is a well-known concept in economics; however, separating the economy into internal and external circuits as the basis for macroeconomic policies is rather unusual. The term ‘internal circulation’ refers to the improvemen...
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Since 2020, the Chinese government has started to propagate the concept of ‘dual circulation’. Dual circulation refers to domestic circulation on the one hand and external circulation on the other hand. The term ‘circulation’ is a well-known concept in economics; however, separating the economy into internal and external circuits as the basis for macroeconomic policies is rather unusual. The term ‘internal circulation’ refers to the improvemen...
> read more
19/04/2022 l China's re-opening in 2023?
China is fighting the biggest surge in coronavirus cases since the start of the pandemic, with millions under lockdown and the healthcare system under pressure. One of the last countries sticking to a zero-Covid strategy, China aims to stamp out every infection with strict lockdowns and by sending all cases to secure facilities. Stories of desperation are emerging from several Chinese cities, including Shanghai. Affected by the continuing epidemic, in the past weeks several ...
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China is fighting the biggest surge in coronavirus cases since the start of the pandemic, with millions under lockdown and the healthcare system under pressure. One of the last countries sticking to a zero-Covid strategy, China aims to stamp out every infection with strict lockdowns and by sending all cases to secure facilities. Stories of desperation are emerging from several Chinese cities, including Shanghai. Affected by the continuing epidemic, in the past weeks several ...
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15/04/2022 l China’s new Personal Information Protection Law (PIPL)
In this article we take a look at China’s Personal Information Protection Law, the difference with the European GDPR and what this new legal framework means for your business in China. The new law was promulgated on 20 August 2021 and took effect on 1 November 2021. The aim of the new law is to regulate activities involving personal data of Chinese individuals, processed by companies and individuals, but also organizations providing internet platform services and public authorities. ...
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In this article we take a look at China’s Personal Information Protection Law, the difference with the European GDPR and what this new legal framework means for your business in China. The new law was promulgated on 20 August 2021 and took effect on 1 November 2021. The aim of the new law is to regulate activities involving personal data of Chinese individuals, processed by companies and individuals, but also organizations providing internet platform services and public authorities. ...
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