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Subject:
CHINA BUSINESS
Period: December 1, 2015 to February 1, 2016
Geographies:
Worldwide
Categories:
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
Contents
 

Unilever Receives Top-Employer Honors From China's Top Employers Institute

Unilever was named the number 1 employer in China by the Top Employers Institute. Unilever China, which has a number of initiatives aimed at meeting the challenges posed by the China market, has been implementing programs to always improve its HR strategies and policies. Its efforts to put people at the heart of its business has earned Top Employers Institute’s recognition, the company said.

"Unilever named top employer in China", Unilever, January 14, 2016

More U.S. Companies Think Of Moving Capacity From China To Other Locations, AmCham China Report Reveals

In 2015, only 64 percent of U.S. companies doing business in China described their operations as profitable, the lowest level in the last five years, according to the American Chamber of Commerce in the People’s Republic of China. Results of the group’s 2016 China Business Climate Survey Report revealed almost half of respondents predict China’s overall GDP growth in 2016 will fall below 6.25 percent. Member companies cited economic challenges and the regulatory environment as key factors limiting their ability to invest and grow in the country. Human resources issues, including labor costs and shortage of qualified workers, are also among the top 5 problems cited by member companies. Although China remains a top 3 investment priority for six out of 10 member companies, about one-third of respondents said they are not planning to increase their investments in the country in 2016. By the end of 2015, 25 percent of respondents have either already moved or are planning to move operations ...  More

"2016 China Business Climate Survey Report", AmCham China, January 20, 2016

 
Companies, Organizations  

Study Estimates Job Loss Impact Of Walmart’s China Imports

A study by a progressive research organization accuses Walmart of displacing or eliminating more than 400,000 high-paying American manufacturing jobs by importing many billions of dollars’ worth of products from China over a twelve-year period ending in 2013. The Economic Policy Institute says Walmart’s imports from China in 2013 alone totaled $49 billion. The U.S. trade deficit with China in 2013 was $324 billion. The lost or moved jobs represented about 13 percent of the 3.2 million total jobs lost or displaced over those same years due to the China trade deficit. Walmart criticized the data and conclusions of the study as mostly guesswork, because retailers do not disclose itemizations of imports.

"Walmart’s Imports From China Displaced 400,000 Jobs, a Study Says", The New York Times , December 09, 2015

Sephora Launches Environment-Friendly Logistics Solutions In China

Cosmetics retailer Sephora launched its Green City Logistics, a supply chain solution designed to be environment-friendly by using electric vehicles in delivery, in Shanghai and Beijing. Part of the company’s latest efforts to protect the environment and cut pollution, the initiative seeks to reduce the emission of carbon dioxide from logistics and transportation in fast-expanding mega-cities. Electric vehicles will be used to transport goods between Sephora warehouses and retail stores.

"Sephora taps green logistics to boost efficiency", Shanghai Daily, December 22, 2015

Luxury brands facing leaner times

The Straits Times, December 25, 2015

Market News  

Euromonitor Presents Forecasts For Markets And Consumers In 2016

In 2016, the migrant crisis is forecast to continue, while the working-age population in China is expected to decline for the first time, according to Euromonitor. Other forecasts for the year made by the market research firm include an increase in integration of loyalty programs with mobile wallets and the continued expansion of S-commerce, driven by social media platforms’ integration of buy-now buttons into their sites. Also, Euromonitor predicts an increase in calls for more time away from digital devices and increase in consumer demand for healthy food, with fastfood chains offering greener, healthier, and more local food products.

"Economies and Consumers Expert Predictions for 2016", Euromonitor International, January 14, 2016

China's E-Commerce Market Grows 37 Percent In 2015, Study Reveals

China’s e-commerce market grew 37 percent in terms of gross merchandise value in 2015 to 3.8 trillion yuan, or $578 billion, according to iResearch. Data from the market research firm’s “2015 China E-commerce & O2O Summary Report” revealed mobile and online-to-offline markets drove the market’s overall growth. O2O gross merchandising volume rose 38 percent year-on-year in 2015, with sales reaching 335 billion yuan, or $51 billion. According to iResearch, the country’s O2O sector is forecast to grow to almost double its size in the next three years to 626 billion yuan, or $95 billion.

"Chinese E-commerce Growth Continues", Women’s Wear Daily, January 25, 2016

What might happen in China in 2016?

McKinsey & Company, January 01, 2016

Drinks Forecast Model Reveals Growing Headwinds in Chinese Juice

Euromonitor International, January 08, 2016

Starbucks to Add Thousands of Stores in China

The Wall Street Journal, January 12, 2016

Wal-Mart Talks Up China Commitment

Forbes, January 25, 2016

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