Category Archives: Speaker News

Moving to a cash- and cardless society – Andy Mok

China has all but abolished cash and bank cards, and the rest of the world might be following fast. CBS talks to economist Andy Mok. China had no good working banking system, and moved fast to mobile payment, but the rest of the world might follow soon.

How WeChat started to promote WeBank – Matthew Brennan

E-commerce expert Matthew Brennan discovered how WeChat silently started to promote Tencent’s WeBank, a potentially major move in pushing internet banking ahead of the traditional banks in China, he writes on his website China Channel. The old banks will have to run for their money.

China’s rich control US$2.6 trillion – Rupert Hoogewerf

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.

Travel trends for Chinese consumers – Ben Cavender

The autumn Golden Week is over and business analyst Ben Cavender looks at the trends among high-spending Chinese travellers. Unique places, convenience and safety top the agenda’s of Chinese tourists, he tells in CNBC.

How change damaged the position of Chinese women – Zhang Lijia

China’s shift from a planned to a market has lifted millions out of poverty, but for many women the deal has been a bad one, says Beijing-based journalist Zhang Lijia, author of Lotus: A Novel on prostitution in China at Sea Globe.

Conservative resistance against liberalization of the yuan – Victor Shih

Retiring central banker Zhou Xiaochuan called this week for the liberalization of China’s currency, the Yuan. But conservative forces might find this step from the People’s Bank of China (PBOC) a step too far, says financial expert Victor Shih to Bloomberg.

China: struggling for its position in the world – Tom Doctoroff

China gains economic and financial power, but is still struggling to find its place in the world, writes China veteran Tom Doctoroff in the Huffington Post.”So China’s road to becoming a “soft” superpower will be long and rocky indeed,” he says.

China joins global rebellion against consumerism – Shaun Rein

A growing movement of consumers buys less, but focus on experiences. And, surprisingly, Chinese consumers follow that minimalistic trend, says Shanghai-based business analyst Shaun Rein in Knowledge CKGSB.

Facial recognition: the new norm – Matthew Brennan

Social media expert Matthew Brennan gives ten case studies on facial recognition in China at his China Channel. Facial recognition is becoming fast the new norms, and he summarizes a few reasons why the new technology is taking off so fast.

Tencent and Alibaba: China’s two internet ecosystems – Matthew Brennan

China is not having one internet apart from the rest of the world, but two, tells internet expert Matthew Brennan. Both Tencent and Alibaba have their own ecosystems, and they do not talk to each other. When dealing with China’s internet, you need to deal with both, he tells.