How China’s domestic handset makers ended up playing second fiddle to the foreign competition
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Category: Business
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Fighting inflation
Inflation was high on the agenda at China’s National People’s Congress (NPC) in March after it emerged that consumer price index (CPI) rose 8.7% year-on-year in February, a 12-year high. Food prices, pumped up by strong demand and severe winter weather around the Chinese New Year holiday, were again the key driver. The usual suspects: […]
Nokia is the standout example of a firm that was able to learn the rules of the game in China and swiftly revamp its strategy for the local market. The firm recently announced that it sold 70.7 million mobile phones in China last year, up 38.6% year-on-year. That made China Nokia’s largest mobile phone market, […]
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Green power
The announcement that China will establish a new “super-ministry” devoted to the environment was touted by state media as a sign of the government’s commitment to creating a greener China. Upgrading the State Environmental Protection Agency (SEPA) to cabinet-level status is intended to give the new ministry real influence in terms of establishing and enforcing […]
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Shut out
What Huawei and Bain Capital’s failed bid for 3Com means for Chinese investment in the US