Category Archives: economy

Jeffrey Towson: focus on China 2025

How does the world look like in 2025 when China and the Chinese continue to develop like they do now? After his well-received speech at LocWorld earlier this month, Beida business professor Jeffrey Towson started to focus his speeches on that subject:

China: becoming part of the world – Zhang Ying

RSM professor Zhang Ying discusses China’s relations with the EU and the US, after the election of Donald Trump as their president. China is becoming part of the world, says Zhang, and whoever is elected, those relationships will prevail.

IPO-hungry tech firms might jump the queue in China – Paul Gillis

Financial authorities in Beijing are playing with the idea to give tech firms a faster-track IPO in China, says accounting professor Paul Gillis at his weblog. Taking away some of the cumbersome restrictions for IPO’s in China might lead to the expected ban of variable interest entity or VIE’s, a side-track allowing Chinese firms to list in the US, he suggests.

Second, third-tier cities: today´s winners – Shaun Rein

China´s first tier cities seem to be getting out of breath, while second and third-tier cities blossom. Business analyst Shaun Rein has been predicting the shift already for a long time, he tells the South China Morning Post. The rising prosperity of lower-tier cities may boost tourism to cheaper destinations like the Philippines and Thailand, he adds.

2017: Even sharper drop in outbound investments – Shaun Rein

At the end of 2016 a sharp decline in outbound investments by China became clear as financial restrictions kicked in. Business analyst Shaun Rein expects the curtailing measures to last for at least six months into 2017, he tells the South China Morning Post.

China´s rich spend more time on travel – Rupert Hoogewerf

Surveys by the Hurun China Rich List not only show that China´s affluent have spent more money in 2016, but increasingly do to while traveling, says Hurun chairman Rupert Hoogewerf in the Luxury Daily. The number of days per month they travel went up again.

Trump can trigger anarchy in international relations – Arthur Kroeber

While Trump still has to make his mark on international relations, fears rise that he might disrupt international order in a gross way. Leading economist Arthur Kroeber says it might trigger off international anarchy where China will be unwilling to step into the void, according to the Globe&Mail.

Rich migrate less from China – Rupert Hoogewerf

For years the trend seemed irreversible: China´s rich were leaving the motherland in troves. But in 2017 the trend has reversed, says Hurun China rich list composer Rupert Hoogewerf to the South China Morning Post. This year could be a turning point, Hoogewerf says about the findings in the Hurun Chinese Luxury Consumer Survey 2017.

US-China economic relations need a re-set – Arthur Kroeber

While US president-elect Donald Trump prepares to be sworn in, global business leaders worry what the near future might bring them. A trade war, business as usual or something in between? US-China economic relations for sure need a re-set, tells leading economist Arthur Kroeber, and author of China’s Economy: What Everyone Needs to Know® in the Chicago Tribune.

At Davos, Xi Jinping emerged as a global player – Arthur Kroeber

While the jury is still out on what China´s role will be at the post-Brexit Trump era of global trade, president Xi Jinping did emerge as a global player at the World Economic Forum, tells leading economist Arthur Kroeber at Bloomberg.