Understanding culture: why Walmart has struggled in China

Sea Bass With Barbie Dolls Challenge Wal-Mart in China By Bloomberg News -, bloomberg.com Play Shelves stacked to the ceil­ing with low-price hot sauce, Bar­bie dolls, and noo­dles stand near tanks where shop­pers can fish out live sea bass for din­ner. Wel­come to RT-Mart, China’s ver­sion of Wal-Mart Stores Inc. (WMT) From Shang­… RT @BloombergNews: … Continue reading Understanding culture: why Walmart has struggled in China

Struggling Big Pharma returns to Chinese ethno medicine for ideas

Ancient Chinese Cures Seen Helping Drugmaker Pipelines By Bloomberg News -, bloomberg.com The world’s biggest drug­mak­ers are turn­ing to ancient Chi­nese reme­dies to boost prod­uct pipelines. Glax­o­SmithK­line Plc is test­ing botan­i­cals — com­pounds extract­ed from plants — for immune dis­or­ders, Sanofi plans to turn… RT @BloombergNews: The world’s biggest drugmakers are turning to ancient Chinese … Continue reading Struggling Big Pharma returns to Chinese ethno medicine for ideas