US-president Donald Trump is hitting world trade like an unguided missile and many investors wonder where to put their money now China seems next on his agenda, says Shanghai-based business analyst Shaun Rein in the South China Morning Post. “(Trump) likes to use chaos in order to negotiate.” Australia and Europe could be winning.
Category Archives: Europe
China has a booming and innovative startup scene, looking for global expansion. But leading VC William Bao Bean of the Shanghai based Chinaccelerator is not going to put his money in the European or US markets. Facebook´s Zuckerberg is effectively stopping any startup from becoming the next Zuckerberg, he tells a German audience.
One of the major global initiatives by China was the One-Belt, One-Road (OBOR),reviving the old silk roads. And while it is an open platform, major trade partners of China are currently not part of the initiative, including Australia, the UK and the US. Major disputes, like the Ausgrid, Brexit and Hickley cases, might only add to the worries countries should have when looking at their relation with China, without being part of OBOR.
China has been preparing for the fallout of a decision of the Federal Reserve, but find themselves dealing with an unexpected black swan, says financial and political analyst Victor Shih to Bloomberg. The Renminbi might be under pressure.
While the world is trying to get to grips with the fallout of a possible Brexit, very few of the effects for China can be sure, with the exception of the currency trade, says economist Arthur Kroeber to Bloomberg. At this stage, the risks seem fairly limited.
A Hurun rich list survey under China´s rich millenniums, The Chinese Luxury Traveler 2016, shows that Asia is loosing out as travel destination. Japan and South-Korea still do well since they are close, says Hurun chief researcher Rupert Hoogewerf at TTG-Asia, “But in terms of aspirations, this generation wants to go farther.”
While economic growth has come down dramatically, it is very unlikely Chinese companies will reduce their investments in Europe and America, says business analyst Shaun Rein to the VOA. Foreign investments will be a key strategy for 2016.
Willy Wo-Lap Lam has been analyzing five of China´s recent leaders, and now published his book on Xi Jinping. Journalist Ian Johnson interviews him and ask him why China´s new president is different from his predecessors for the New York Times.
The China-led Asia Infrastructure Investment Bank (AIIB) caused much controversy, even before it took off. Such a bank can improve the governance of projects, writes financial analyst Sara Hsu in the Diplomat, although there is no guarantee that will happen.
Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.