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.
Category Archives: business
Twenty years ago Chinese academics sent their first online message and since then the internet has changed China beyond recognition. Despite efforts by the government to keep freedom of speech in check, China´s internet users are freer than even. A few of our speakers are key experts in this field.
If at any place the switch from brick-and-mortar is going fast, it is China. Permanent online consumers comment, exchange information, and buy 24/7. When you sit down in a restaurant, you first ask the code for the free wifi, before the menu. When you travel abroad, you constantly discuss with friends and family back how, what to buy, or what not to buy.
Whether bike-sharing is heading for a success or just a financial sinkhole is still unclear, despite a giant surge in VC funding. But Beida business professor Jeffrey Towson, a bear in this industry, is sure that it will not work outside China, because of the rather special situation in China, he tells the South China Morning Post.
WeChat expert Matthew Brennan has joined the China Speakers Bureau this week. China’ online giants dominate its economic, social and financial life, with Tencent’s WeChat as the major force, trailed by Alibaba and Sina’s Weibo.
WeChat is China’s operating system for your life, says Matthew Brennan in one of his presentations.
The China Food and Drug Administration (“CFDA”) has released in April a draft regulation for supervision of so-called health food. Shanghai-based lawyer Mark Schaub of King & Wood Mallesons sees it as an open way to discuss a new system of filing, and less registration, he writes in Lexology.
Western analysts often miss the point, when they look at the way China conducts business, says China watcher Andrew Batson at his weblog, and he points at an interesting aside in Ian Johnson’s book The Souls of China: The Return of Religion After Mao , when he writes about soft openings in China. Case in point: comments on China’s One-Belt, One-Road initiative. Batson: ” It’s already clear it’s the China book of the year.”
Renowned speaker Jason Ma will join two sessions of the 9th World Chinese Economic Summit on 13 and 14 November at the Shangri-La in Hong Kong. He will discuss entrepreneurship and the global Chinese diaspora. The meeting will focus on “Managing Global Uncertainty: Exploring New Opportunities”, and will host a range of famous participants, including politicians and business leaders.
Manufacturing is changing fast in China, says business analyst Ben Cavender to the Fast Company. Factories phase out labor for automation, and stick to more ethical standards. Although some of the less ethical producers move to countries outside China.
Thousands of mobile apps have tried to tap into the poorly organized health care system in China. They failed, despite massive funding, says Beida business professor Jeffrey Towson at his weblog, because the developers knew more about mobile phones than about health care. Health care is modernizing, he writes, but government supervision hampers speed.