{"id":9178,"date":"2021-12-28T07:30:19","date_gmt":"2021-12-28T07:30:19","guid":{"rendered":"https:\/\/focus.cbbc.org\/?p=9178"},"modified":"2021-12-28T09:03:20","modified_gmt":"2021-12-28T09:03:20","slug":"catch-up-now-the-top-focus-posts-of-2021","status":"publish","type":"post","link":"https:\/\/focus.cbbc.org\/catch-up-now-the-top-focus-posts-of-2021\/","title":{"rendered":"What were the top China business stories of 2021?"},"content":{"rendered":"

From the failure of Evergrande to the income tax changes for foreigners in China, these were the biggest UK-China business stories that captured FOCUS’ headlines in 2021.<\/h2>\n

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Why Amazon and Tesco failed and Dyson and LinkedIn prevailed: How to win in China<\/a><\/h4>\n

Success in the Chinese market is by no means guaranteed, even for brands with an established business model outside of the country. In February, Paul French spoke to the authors of \u201cWinning in China: 8 Stories of Success and Failure in the World\u2019s Largest Economy,\u201d Lele Sang and Karl T Ulrich, to explore the fortunes of well-known companies in China, including Amazon, Norwegian Cruise Line, Hyundai, LinkedIn, Sequoia Capital and InMobi. It is worth noting that LinkedIn has pulled out of China<\/a> since that post was originally published, highlighting the increasing complexity multinational companies face when operating in China.<\/p>\n

Why has shipping between the UK and China become so expensive?<\/a><\/h4>\n

Shipping delays from China and port closures due to Covid-19 outbreaks frequently made headlines in 2021. As a result, the cost of shipping between China and the UK increased by over 350%, severely impacting companies that rely on being able to move goods and manufactured parts between the two markets economically. Don\u2019t expect any let-up from shipping chaos any time soon, as the Omicron variant is expected to create further delays.<\/p>\n