More Vendors Prompt Sweeping Changes to Retail Environment

Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years.  In doing so, Under Armour would focus on building up its direct-to-consumer business.  Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.

The Impact of CoronaVirus on Travel and Tourism, Globally!

Gone are the days when we used to book flights and buy tickets without thinking about travel bans and restrictions. Unfortunately, everything has changed in the past few months – be it businesses, the education sector, or travel.  The travel and tourism sector has massively suffered during the crisis. Not only airlines but almost all major tourist attractions and cruise lines have also been shut down during the pandemic.

The Bathroom Panorama in Chinese Tech Giants

Founded in 2015, Pinduoduo is without doubt the fastest growing tech company in the world. In merely five years, it has become the strongest rival of Alibaba Group in China. Huang Zheng, the founder, is now the 4th richest man in China, 24th in the world. Together with other Chinese tech giants like Alibaba, Tencent and ByteDance, they have become the dream destination for most Chinese coders. Recently, a bathroom problem might make jobseekers think twice before applying to Pinduoduo.

You Are Not Powerless in Your Job Search During Covid-19

You probably never dreamed you’d be in search of a job during a global pandemic. Talk about challenges, right? Okay, before you get down and think your chances just slid to the floor, let’s look at what you can do to make the most of your time, and how you can land that next job interview.

One of the first things to consider is how you present yourself to others. Have you evaluated your personal brand lately? What makes you a valuable candidate to prospective employers? How will you stand out in a crowded marketplace? What transferable skills do you have? What are your strengths and how can you amplify them? Consider what courses are available to help you stay competitive in your industry. By evaluating your personal brand, you’ll get an overarching view of how potential employers see you.

Future of China’s Richest Man Becomes a Timing Bomb

The rumors started at around 8:50 pm. On November 3, first Shanghai Stock Exchange announced the halt of Ant Group’s IPO on November 5, then HK Exchanges and Clearing and Ant Group published the same announcement. In less than one hour, the originally planed world’s largest IPO died on the vine. At $34.5 billion, it could have broken the record set by Saudi Aramco’s $29.4 billion IPO last year. It’s worth noting that the current second largest IPO was set by Alibaba at $25.0 billion. Both Ant Group and Alibaba were founded by Jack Ma, the richest man in China.

Unfinished Buildings in China Drag People Back to Poverty

Beijing. Back from work, parking the car. Even the underground parking lot has a chandelier, shedding light on the luxury cars around. Their owners might be executives at different industries. To get to the elevator, people will pass the four-season entrance hall, with tropical plants and a fountain in the middle. The house will be designed in the popular modern Chinese decoration style, outside of whose windows the lake nearby becomes a favorite for birds…

China’s Generation 2000s – The Generation of Bucket Lifters

Foxconn never lacks for a labor force. For Foxconn, if they can’t get enough workers for $3.57/h, the easiest solution is to make it $3.72/h. During this past September, right before the launch of the iPhone 12, over 1,000 new workers joined Foxconn Zhengzhou every day, at $4.62/h. Among them, some are the 2000s. This generation is already a growing labor force. According to a government report, over 40 million 00s entered the labor market right after high school.

In China They’re Asking “Is a Full-time Housewife a Waste of Education Resources?”

In 1996, Zhang Guimei applied to transfer herself to teach at a school in a remote village, Huaping, after her husband passed away of cancer. One year later, she was diagnosed with uterine fibroids. Seeing the conditions in which local female students were living, she decided to dedicate the rest of her life to help these girls to “fly out of the mountains and never come back.” In 2008, after years of extreme hard work and with the help of local government, Huaping Female High School (HFHS) was founded, the first free female high school in China.

Chinese Superstar’s Parents Refuse to Pay Debt

On October 17, Zhou Zhennan, leader of a popular Chinese idol boy band R1SE, posted “I really don’t know how to go on” on Weibo, where he has over 18 million followers. In the comments, he added “please stop calling and texting my parents, my family is my limit.” The post trended and people assumed it’s about “Sisheng,” fans who interfere with celebrities’ personal lives, which has been bothering many celebrities in China.

Concerns Over Suicides Among Higher Education Students in China

In recent years, more students in China have chosen to obtain a master’s degree or a PhD as a way to postpone their entrance into the labor market, either out of a mere hope of increasing their competitiveness in the future, or simply because they haven’t found a proper job. However, graduate education is not meant for everyone. The pressure of being able to graduate on time, the relationship with academic supervisor, the higher expectations from the society…For the students, it has become a question of who gives up first.

A Death Note Reveals Nasty Situations in a Chinese University

On October 15 Mao Hongtao posted for the first time on Wechat Moments. Families and colleagues tried to reach him after seeing the post, but his phone was already turned off. On the same day, local police got involved and the news trended on Weibo. The next day his body was found in Jiang’an River, close to his house in Chengdu. Police concluded it was a suicide. Mao was the Party Committee Secretary (PCS) of Chengdu University, a mayor-level official according to the current civil service hierarchy in China.

Protect the Free World – Boycott the China Vaccine for Corona

The Free World believes in democracy. The Free World believes in freedom. Corona virus has crippled the free world. The free world has gone into quarantine. Until comes the vaccine for Corona the future of the free world is to go into quarantine return to normalcy and return to quarantine again. Israel went into quarantine and returned to normalcy only to return again to quarantine. The same is true for the whole world. Quarantine is bondage to the free world much more than to China and communist nations.

Chinese Deal Hunters Force Online Shops Out of Business

Taobao, Tmall, Jingdong, Pinduoduo…Endless competition between different online shopping websites in China has greatly benefited domestic online shoppers. Thanks to competition between couriers, most products can be delivered very fast and free of charge. But all people will not be satisfied. Consumers keep demanding cheaper products. In recent years, a new word, “Yangmao Dang,” has been created to describe people who seek deals on different websites. Yangmao means woolen fleece in Chinese. These deal hunters are like shearers who cut Yangmao off the sheep (in this case, the online shops).

Indignant Internet Users Plead to Change Law on the Protection of Minors in China

At 3 pm on October 20, 2019, 10-year-old Qi called her mother saying that she had just finished her art class and that she was on the way home. It’s a 15-minute walk. At 3:50 pm, with still no sign of her daughter, Mrs.Wang went out to look for her with family members. At around 7 pm, they found Qi in a bush a few hundred meters away from home, covered in blood and pants off.

Can India Accelerate Its Future Growth Utilizing Global Value Chains?        

India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.

This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.

Indonesia Exports Need a Value Chain Push 

Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.

Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years?  Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty. 

A New Global Wholesale Option for Buyers and Sellers is Here

Shop The Globe is a fast growing online wholesale option and we believe that if you’re a buyer or seller you need to start reviewing these very unique options for products.  This is truly a better global wholesale platform.

Shop The Globe is already providing unique options on a truly global platform with interests from the countries of Vanuatu, Australia, Thailand and of course many here in America.

RangeMe – A Great Way to Connect? Or Buyer Beware?

RangeMe is a service that specializes in helping connect wholesalers to buyers. They offer their services with two different perspectives: sServices for the buyers, and services for the wholesalers.

Buyers are of course offered accounts for free. It’s a great way to browse products and find connections to new providers you may not have had dealings with before, all at your fingertips. The wholesaler side of the business is a bit darker though.

New German Technology to Aid in the Crowd Numbers Calculations

Germany announced the creation of the new technology to assist in providing the accurate crowd numbers.  At the end of August, thousands took to the streets in the “anti-Corona protests”. There was an attempt to close Berlin by the law enforcement.  The government tried to stop the planned  demonstration due to the concern of the Coronavirus spread.

Chinese University Students Confined Since Back At College

Covid-19 continues to be rampant in many countries, except where it broke out first: China. According to the latest statistics, on September 18, there were only 18 new confirmed patients, all travelers from other countries. Even so, the Chinese government is extremely careful with these imported cases. On September 13, in Ruili, two illegal travelers from Myanmar were reported to be infected. The next day, the local government quarantined the entire city and started to carry out massive PCR testing. In just three days, they’ve already completed 95,362 tests (all negative), and more underway.

Chinese Hard Candy: A Pedophile Lawyer or a Lying Girl?

For five months, internet users in China have been waiting for the result of a special case. On April 9, Yantai Police Department announced that they were officially investigating an alleged statutory rape. A girl, Li Xingxing, claimed that her foster father, Bao Yuming, had been raping her for the past three years. The news heated up when people found out that Bao is a board member of the ZTE Corporation (he was kicked out right after the news).

The Perilous Life of a Chinese Food Delivery Rider

While most industries suffer from the Covid-19 this year, one keeps thriving: food delivery. However, more often than not, the winner of the game is the capital. The frontline workers are the ones who make it all great, not the ones to benefit from it. These days, an article called “Takeaway Riders, Stuck in the System” has sparked waves of discussions online.