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What is driving Chengdu’s new found wealth?

What is driving Chengdu’s new found wealth?

In a nation now boasting over one million millionaires, it should perhaps come as no surprise that luxury car sales in China are at an all-time high. With the Chinese nouveau riche growing larger by the day – particularly in busy 2nd tier cities such as Chengdu […]

Trending developments in Chengdu’s retail sector

Trending developments in Chengdu’s retail sector

Chengdu the capital of Sichuan province, has now become a well-established centre of direct investment by foreign retailers. International retail brands ranging from fast fashion such as H&M and Zara to designer brands such as Dior and Louis Vuitton have long established their presence and market share […]

Meet Maxxelli—Robert van Aert

Meet Maxxelli—Robert van Aert

We had an opportunity to meet two of our Chinese staff, Alex Xu and Derek Chen, for the first two issues of “Meet Maxxelli.”  For this time, we will get to know one of our project managers from the Netherlands who serves as the legal advisor for […]

Legalization of documents in China: signing or chopping?

Legalization of documents in China: signing or chopping?

Legalization of documents: signing or chopping? After negotiating a good deal that is beneficial for both your company and your Chinese business partner you have come to the last stage of conducting your deal, the signing and legalization of the contact. But having gone through such a […]

China’s mobile payment industry

China’s mobile payment industry

From PC payment to mobile payment In December 2013 China’s biggest third-party payment provider, Alipay, announced its decision to start charging desktop users for its online payment services, including transferring money across Alipay accounts or directly to bank accounts. The transaction fee was set at 0.1% of […]

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