For more than 50 years the ticking of watches has dictated the rhythm of the life of Kurt Claus. Many times over the past 10 years that incessant beat has taken him to China, where he has been on a mission to promote his company's fine wares.
Boardroom veterans and big shots mingle in the green room of the Beijing business conference, exchanging cards and talking shop while they wait for their turn to deliver a speech or lead a panel discussion.
With almost daily reports of political and corporate corruption in the world media, you have to ask whether companies are taking sufficient steps to minimize the global risk of bribery.
China National Aviation Fuel Supply Co has long been the sole supplier of jet fuel to airlines in the country, but another option is in the pipeline.
The number of invention patents in China continued to show robust growth along with "continuous improvement" in the quality of filings last year, according to a recent report by the State Intellectual Property Office.
Britain's biggest supermarket chain, Tesco Plc, is reportedly dropping its brand in China when it officially enters into a joint venture with China Resources Enterprise Ltd, further consolidating the latter as the largest retailer in the country in terms of market share.
In the fight between Tencent and Alibaba for China's emerging mobile payment market, cab-calling services have become the surprise battlefield.
There are more signs that China's oil and gas sector, traditionally dominated by the State-owned companies, will be more open to private capital following China Petrochemical Corp's announcement last week that it will open up 30 percent of its retail business sector.
In the fast-moving business world, nothing is guaranteed but change: change is in the market, in customer preference and technology.
|
|
|
|
|
|
|
|