The battle between Wanda and Disney got a new twist as the Chinese company hired Andrew Kam, former managing director of Disneyland Hong Kong. A smart move, says retail analyst Ben Cavender in the China Daily.
Category Archives: Shanghai
Shanghai Disney opened with a lot of hype, but the number of visitors fell short of the expectations. The entertainment park is not yet where it wants to be, says business analyst Shaun Rein, although it might still bounce back from its current under-performance, he tells the South China Morning Post.
Emerging startup Shanghai Mobike expanded to Beijing, to the delight of its citizens. But while accounting professor Paul Gillis likes and uses their service, he does not see how this VC-financed operation is going to make any money, yet, he writes at this weblog.
Light can transport data in higher volumes and speed than the current cable systems, shows an experimental setup at Shanghai´s Fudan University in the documentary “Smart China” at Discovery Channel. It documents how the massive data exchange at food chains in China can guarantee food safety. Our technology speaker William Bao Bean comments at the documentary.
Author Paul French has added yet another subject to his long list of current and historical affairs with his latest book Gypsies of Shanghai: The Roma Community of Late 1930s and 1940s Shanghai and Their Role in the City’s Entertainment Industry. The book is small and cheap, Paul adds on his weblog, but it illustrates the amazing diversity of pre-war Shanghai.
China is looking at a slowdown of its double digit growth, but that is not going to hurt the outbound tourism, observes Wei Gu, founder of Weini Media in Shanghai, at the opening panel at ILTM talking about trends in Chinese wealth and travel.
The world´s most populous country is facing an unprecedented crisis, as its population ages fast, tells former New York Times Shanghai-bureau chief Howard French to PBS. The fast rising demand for social security, health care and a diminishing work force, will narrow down China´s economic expansion in the near future. The aging crisis not only shows the immense failure of the one-child policy, it will also force the country to become more welcoming to much-needed immigrants.
Shanghai Disney opened this week after five years of preparing while China´s growth had been relatively slowing down. But business analyst Shaun Rein does not see this mega operation will be hurt by dropping consumer spending. Chinese still spend on experiences and their kids, he tells AP.
Even ahead of its official opening, the Shanghai Disneyland park looks for many the place to be. Costs might be higher, but it will add positively to consumer spending, says business analyst Shaun Rein in Bloomberg. “Every person with a kid or grandkid in China is going to go to Shanghai Disney as long as it’s big enough and good enough.”