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Insights
16-Apr-18 The cashierless Amazon Go concept is inspiring fear in traditional US retailers, but the idea is already mainstream in China. Beginning in 2016, a cashierless chain called BingoBox has already grown to 300 locations and 30 cities. [image: PaymentsSource]
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Insights
13-Apr-18 The public healthcare system in China is overcrowded, particularly in level III public hospitals. The government has now opened the healthcare system to private investments and the Chinese government is now encouraging physicians to practice at multiple facilities. [image: China Med Device]
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Insights
10-Apr-18 China’s digital economy has experienced massive growth in the last decade. In 2008, China accounted for <1% of e-commerce; today its share is 42%. In comparison, the United States’ share is down 10% since 2005, to 25%. [image: McKinsey Global Institute]
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Insights
09-Apr-18 Imported medical devices can be used in Boao City, Hainan, without CFDA registration approval, if they are approved by the Hainan Province FDA, China's State Council has announced. The policy is to attract western device manufacturers, investors and med-tourists. [image: China Med Device]
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Insights
09-Apr-18 The Ministry of Tourism and Culture Malaysia together with its promotional arm Tourism Malaysia, will collaborate with Tencent Holdings to create a digital tourism economy to attract Chinese outbound travellers to the country. [image: TTG Asia]
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