Category: Business Practice

Shanghai remains China’s commercial center, but that doesn’t mean business is easy for everyone

Shanghai’s development as a business and financial center has brought it into greater competition with its southern neighbor, Hong Kong. The cities have a long and intertwined history; after 1949, many of the merchant class that left Shanghai ended up in Hong Kong. Today, that flow is reversing – most clearly among multinationals that have […]

CHINA ECONOMIC REVIEW recently conducted a reader survey to investigate opinions of Shanghai as a business and financial center. While the pool of respondents was limited, the survey results are useful as a general indicator of the business mood. The vast majority – nearly 74% – of respondents said their company’s head office or principal […]

Unilever’s Greater China head says competition and talent retention, not regulation, are the main challenges for foreign companies