China’s growth might have reduced, and investing abroad more difficult, but China’s annual Hurun rich list has been growing faster than ever, says its chief researcher and founder Rupert Hoogewerf to the South China Morning Post. China’s rich now control US$2.6 trillion, he adds.
Category Archives: Wanda
After record-breaking Chinese investments in 2016, the Chinese government started to pull their financial reins, ahead of a major political decision making conference this Autumn. For investors reading political tea leaves has become as important as analyzing the stock markets, says business analyst Shaun Rein in the South China Morning Post.
The sudden US$9.3 bn restructuring of the Dalian Wanda deals left many observers flabbergasted. Most companies in China simply do not have the experience to execute this kind of large deals, says business analyst Ben Cavender to the BBC.
China’s richest man, Wang Jianlin, and his company Wanda, got kicked out of the Chinese lending system. Wanda is in deep trouble, says business analyst Shaun Rein to the South China Morning Post. Both in terms of assets backing up his purchases and political leverage.
China is bringing more of its private companies to heel, both domestically and their international investments. Peking University accounting professor Paul Gillis sees it as an effort by president Xi Jinping to consolidate its power, he tells the VOA.
Overseas investments by private Chinese companies have become under unprecedented scrutiny, causing a severe drop over the first quarter of 2017. Political analyst Shaun Rein has never seen such a political pressure before, he tells the South China Morning Post.
Competition in China is rough and bloody for almost every company that even has the smell of possible success. But Beida business professor Jeffrey Towson did not yet find a reason why this rule does not apply to Starbucks. No competitor gets near the giant and – he wonders at his weblog – there is no real reason for that.
Entertainment parks are becoming big business in China, but there are at least three players trying to come the Disney of China, including Disney itself. Who will be the real Disney of China, wonders Beida business professor Jeffrey Towson on his weblog.
Gaining soft power is not an exclusive issue for China’s government. Jacky Chan and Wanda might be equally important for how the world sees China, says branding expert Ben Cavender to the South China Morning Post.
Tencent, Alibaba and Wanda are trying to gain dominance in the entertainment sector. Getting hold of the distribution is one of the key points the winner needs to get right, says Beida business professor Jeffrey Towson on his weblog.