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Both Starbucks and Luckin’s market strategies have taken China by storm. It can perhaps be most aptly said that Starbucks preferred to focus on cultural values while Luckin capitalized on societal trends. Regardless,...
Chinese companies are increasingly looking towards foreign markets to unlock new growth opportunities abroad while diversifying away political risk at home. Haidilao and Tencent are two prominent examples of companies...
As the early epicenter of the pandemic, 2020 brought Wuhan countless challenges. One year later, the city is cautiously optimistic about its recovery. Despite COVID’s lingering impression on local consumer...
