China Fine-Dining Market: Note from Myung Jee Jang, Mio Sato & Maya Cypris– In 2016, we received a year-long research grant to investigate where China’s fine-dining stands in the world market. While the topic may sound somewhat novel, we truly believe that this research has great value in divulging information about Chinese culture, perception of innovation, and global expansion plans. The following, though only part of our final report, highlights our research process and covers some of our many findings. China has been living out a Cinderella story of sorts, with an ever-growing collection of rags to riches stories. With a new consumption culture in place and money to spend, many urban Chinese civilians have experienced notable improvement in their quality of life. While the country’s rapid success and development has yielded a plethora of high-scale amenities, goods, and service— including elaborate new shopping malls, spas, luxury hotels, theaters, international university…
Culture
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Is Social Media Endangering Traditional Chinese Culture?
by Maya Cypris February 18, 2017Effect of Technology on Traditional Chinese Culture: In an age where children as young as grade school carry mobile phones and shopping can be done from bed, it is undeniable that technology has transformed modern living. Ranging from having unprecedented access to all scopes of information at the tips of our fingers, to altering the essence of interpersonal relationships, modern technology has created a new era, dubbed by many as the “digital age”. Of these technological advancements, social media is among the most noteworthy. As in the West, the introduction of social media in China has had substantial impact on many aspects of Chinese life. China is a country whose rich culture and history has long been a source of its pride and joy. But as it has adapted to the changing technological times, so to have certain core cultural elements evolved accordingly. Ranging from Chinese philosophies, to mentality and national…
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Deal or No Deal: China’s Business Culture and its Interaction with Israel
by Maya Cypris March 2, 2016China/Israel International Business Relations: Only three short decades ago, China was a country that was largely perceived as being bizarrely foreign, isolated and far too different from our Western world to even try to understand. But as time has passed and reforms swiftly enacted, China has quickly changed before the world’s very eyes, becoming a global superpower and ironically, an impressive leader in capitalistic growth and economic supremacy. Appropriately, these changes in China’s branding and it’s increasingly “Western” appeal have led to an influx of eager businessmen arriving in China with the hopes of enjoying a piece of the “prosperity pie”. Call it the new “American Dream”, if you will. Even little Israel, aka ‘Startup Nation’, has seen its own growth of Israeli entrepreneurs and investors flocking to China in recent years. However, as many of these hopefuls have soon realized, despite its changes, there are still numerous challenges involved…