A visibly angry Zhang Lijia, author of Lotus: A Novel on prostitution in China, shows that the eviction of migrants in Beijing – described by the insulting term “low-end population – is raising the tensions in China’s capital. “We live in a socialist country,” she fumes at CNN. “They are the unsung heroes of our country.”
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Known as the ultimate consumer guru, business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, now turned to politics in China, he explains at the Hong Kong Foreign Correspondents Club. In the past you could make a lot of money, no questions asked, he tells. Now you can still make money, but not that much and you need much more political sensitivity, he says. The pros and cons of Xi Jinping’s anti-corruption drive.
Will Mobike and Ofo, China’s largest bike-sharing companies merge, like car-sharing firm did in the past? Not yet, says Peking University professor Jeffrey Towson. International expansions goes well, capital is freely available, and a crippling price war has not yet emerged, he argues.
Religious persecution in China is high on the political agenda, but most people do not see how the country’s religious revival is going to change our relations in the long run, argues journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao at the National Committee on U.S.-China Relations.
China’s economy is more and more controlled by the state, but the country is also pledging more openness. Political analyst Victor Shih looks at CNBC whether China can deal with this conundrum, or not. China’s agenda and ambitions are clear, but now how they might work out, he says.
Huge usage of mobile phones, popular internet payment systems and 1.4 billion users are some of the elements that explain why the sharing economy in China is doing so well, says Jeffrey Towson, investment professor at the Peking University at the TV program China Matters.
Brand expert, Prophet senior partner and ex-JWT veteran Tom Doctoroff unveiled “three golden rules for marketing in China” at Mumbrella360 Asia. Doctoroff said brands need to understand the Confucian “tension” between climbing social hierarchy and protecting oneself from social or economic failure.
Try to solve a problem, even when that means you have to throw your ideas in the bin, tells William Bao Bean an Australian audience. When people in India or China do not have the problem you try to solve, going there does not make sense. The managing director of Chinaccelerator helps preparing for the next four billion of customers.
President Xi Jinping has promised more financial reforms, but financial analyst Sara Hsu says managing risk is key, over the need for reform. Fintech, debts and due diligence are some themes in the next five years of China’s financial development, she adds at the state broadcaster CGTN.
Crossing borders is challenging for startups. Willliam Bao Bean, managing director of the Chinaccelerator, guides us through their crowded Shanghai offices, and explains this unique collaboration between starting entrepreneurs, governments, companies, while finding a way through massive numbers of interns.