Founder of Alibaba Becomes the Symbol of Capitalism in China

Where is Jack Ma? The whole world is wondering what has happened to one of the richest men in China, who used to have a very high profile and now has disappeared for over two months. The founder of Alibaba didn’t even show up in Africa’s Business Heroes as scheduled, a TV show funded by Jack Ma Foundation. Concerns and speculations over his current situation have been circulating in China.

Esources UK Wholesale Suppliers vs Shop The Globe and Searches  –  Which B2B Wholesale Website Provides You With a Better Service?

If you’re looking for a 20 year old directory list with almost no real search capabilities, Esources UK Wholesale Supplies is your source. If, like most wholesale buyers or sellers, you’re looking for a one stop website location that offers very good search capabilities, that is Shop The Globe.

Chinese Internet Users Indignant at Another Young Karoshi

Right before the new year, on December 29, Zhang didn’t leave work until 01:30 a.m. While walking home with her colleagues, she suddenly fainted. Even though she was immediately sent to a local hospital in Urumchi, she still passed away six hours later.

The tragedy had been circulating unperceivably on the internet, until it trended on January 3. One day later, on Zhihu, people started to spread a screenshot of a post by the official account of tech giant Pinduoduo:

Buy Direct from Manufacturers Globally at Shop the Globe

The internet has democratized the human experience in ways once unimaginable even two decades ago.  News and information is available at one’s fingertips instantly, from sports scores to stock tips.  New connections and friendships can be formed, bringing past pen pals together in an instant. This, of course, extends to the world of commerce.

Wholesale Central Directory Listing vs Shop The Globe and Searches – Which Website Provides You With a Better Service?

When Google came out with a new search engine, it became a far better solution for searching based on the criteria you put in, and this new company transformed the entire search industry. Before Google most products on the internet were listed and then purchased indirectly from yes directories. So called search engines in the early days like Yahoo (which had a dominant position early) were simple listing directories.

Rich Chinese Couples Explore New Form of Marriage

Will China get old before it gets rich? This is an important question frequently discussed in China and by its rivals. It’s a matter of national power. The answer, according to most, is Yes. And it is already happening. Statistics from the CIA show that China has the same median age as the US, which is not a good sign for a developing country where the income per capita is not even half the level of a common developed-country.

Linking to a Global Value Chain – How to Build a More Efficient Sales Process

Using the global value chain as a selling tool is a new phenomenon. Listing can also help you uncover a competitive advantage over rival businesses, boosting company profits and enticing new customers.  Global Trade accounted for 54% to 60% of all worldwide sales in the last few years.  So you can benefit from global sales.

Shop the Globe Offers Name Brand Products at Wholesale Prices

At Shop the Globe, we understand the struggle wholesalers face, during good times and bad, to keep your storefronts stocked with high-demand products at affordable prices.  Dozens of vendors have already signed up with our new, global, online wholesale outlet, selling products from all over the world to wherever their customers may be.

Three Ways to Help Your Business Global Value Chain

Global Trade accounted for 54% to 60% of all worldwide sales in the last few years.  We would like to help you find the first key steps to increasing your company’s global trade.

The first step toward improving your global trade is to find global key sources and suppliers. It is becoming apparent that companies are reducing their overall reliance on China, which currently has about 28% of global manufacturing. This is creating new and incredible opportunities away from China.

Parents’ Anxiety Creates a New Multi-Billion Market in China

“The next Bill Gates will be someone who starts programming as a toddler.”

“In the future, illiteracy means not knowing how to code.”

Recently, many education companies in China offer programming lessons for kids from 4 years old. Such lessons consist in using toy blocks to construct required shapes and interacting with robots. A 40-minute lesson costs about $15, while a full training course usually contains more than 40 lessons.

The Marriage Between the Deceased in China

In 2008, Li Zhong suspected that his wife, Kang Cuicui, was cheating on him. They had a fight and Kang ran away. She went to a hotel and drank paraquat, an acute toxic herbicide without antidote. Her family was outraged, and Li’s parents had to spend over $15,000 to bury her properly in the family tombs. On November 14, 2020, when they went to clean the tombs, Li found out that Kang’s tomb had recently been dug up and buried again. They called the police and opened the coffin, only to find nothing inside but a big red carrot.

Shop the Globe Now Sells Wholesale Brand Names at Incredibly Low Prices

Dozens of vendors from around the world have been rushing to create storefronts on the new global wholesale outlet Shop the Globe. They sell products from the United States, Ghana, Australia, Hong Kong and France just to name a few.

Now hundreds of brand name American Products are available at prices that will astound you. Buyers can find brand names such as 5-Hour energy, Baby Ruth, Advil, Chips Ahoy and Claritin just to name a few.

Why Are Global Value Chains So Important?

SHOP THE GLOBE & SAVE

Global Value Chain or sometimes referred to as Global Supply Chain (GVCs) are possibly the world’s strongest drivers of productivity growth, job creation, and increased living standards for both countries and companies.

  • GVCs make a significant contribution in international growth and development. Value-added global trade contributed about 30% to the GDP of developing countries.
  • GVCs are coordinated across geographies.
  • Companies and countries that embrace them have proven to grow faster, import skills capital and technology, and boost employment.
  • A Global Value Chain has proven to sell products and do marketing on a low cost digital marketing globally.
  • With GVC-driven development, countries over time generate growth by moving to higher-value-added tasks and by embedding more technology and know-how in all aspects of their business helping to leap-frog their global competitors.

Long Commute is “Killing” Workers in China

“Every morning when I get on the subway, I feel like a pig on a slaughterhouse truck, waiting to be sacrificed.” Hu Yun spends over three hours each day on commute. In Beijing, she’s far from alone.

According to a report by Alipay, Beijing is the earliest city in China to wake up. Millions of people have to get up at 5 am when it’s still dark outside, rushing into the center of Beijing and then coming back at night. It’s Beijing’s tide. The average commute there surpasses half a marathon. “Just getting to the company already takes away all my energy. What is spare time?  When I get home I only want to lie down because it’s almost midnight.”

Chinese Government Targets Private Credit Products

On December 4, Beijing Daily, the official newspaper of the Chinese Communist Party Beijing Municipal Committee, posted on Weibo an article titled “The Young Generation that Got Stuck in Huabei.” According to a study, there are 175 million people born between 1990 and 1999 in China, the so-called “post-90s.” Only 13.4% of them claim that they avoid any debt, while 86.6% have tried credit products, the most popular ones being Huabei and Jiebei, two credit services offered by Ant Group.

The Simplest Way for Manufacturers to Buy and Sell Online Worldwide 

Manufacturing Buyer is changing

The world markets for manufacturers and online eCommerce has and is radically changing.  Where today’s buyers of manufactured goods are rapidly adopting the newer approaches, they are adopting a much faster and more effective shopping path for manufactured goods, especially in developing counties.

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.

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.