Latest Posts
Three groups of modern Chinese tourists: how to win them over – Ashley Dudarenok
Marketing expert Ashley Dudarenok identifies three different groups of modern Chinese tourists and gives tips in Dao Insight on how businesses can attract them, especially now they tend to spend their money domestically, not internationally. She says now is the best time to set up 2023 and 2024 strategies.Read More →
How China views the Blinken and Yellen visits to Beijing – Shaun Rein
China business analyst Shaun Rein looks at the different views China has on the Blinken and Yellen visits for CNBC. Both officials represent a different camp in the Biden administration, and unfortunately, Blinken might have more sway compared to Yellen, he thinks.Read More →
Taking stock of the USA-China fight – Arthur Kroeber
The geopolitical arguments between China and the USA are developing fast. Renowned economist Arthur Kroeber takes the stock right now as US treasury secretary Yellen visits Beijing, for the NPR. How can two major economies disentangle if they rely so much on each other?Read More →
Post pandemic China has a range of challenges for the upcoming years – Shaun Rein
China business veteran Shaun Rein discusses with Cyrus Janssen how China has faced challenges since it opened up post-Corona. Outbound travel has not resumed, expected revenge spending did not happen and consumer confidence is at the lowest rate ever. No, he says, China is not yet back to normal, because consumers sit on their corona savings, unwilling to spend. And foreign investors, while CEOs are going to China, are hesitant to resume investing in China, at least till the end of 2023. But support for Xi Jinping is still there, he sees. Though, expect a tough 10-20 years.Read More →
China economic interests moving to the Arab world – Rupert Hoogewerf
Hurun rich-list founder Rupert Hoogewerf visited the recent 10th Arab-China Conference in Riyadh and explains why China’s economic interests are moving in the direction of the Arab world: new energy, building infrastructure, and rapid industrialization, he tells at Arab News.Read More →
The next travel hurdle: getting visa into Europe and the US
Travelers from China are trying to secure visas for the first post-Corona summer holidays, but are running into problems as issuing visas for both the Schengen countries as the US face severe delays, up to three months before applicants can get an interview, according to the South China Morning Post. For the reverse track, visas for visitors into China, the article does not give information, but the logistic process might face similar problems.Read More →
More US restrictions on China’s chips: a lose-lose situation – Winston Ma
It’s complicated, says Winston Ma, Adjunct Professor of Law at NYU and Author of “The Digital War” about the new US export restrictions on chips for China, and it is potentially a lose-lose situation, he tells at Bloomberg.Read More →
China’s underground historians – Ian Johnson
China veteran and scholar Ian Johnson will publish in September 2023 his next book Sparks: China’s Underground Historians and their Battle for the Future. “It describes how some of China’s best-known writers, filmmakers, and artists have overcome crackdowns and censorship to forge a nationwide movement that challenges the Communist Party on its most hallowed ground: its control of history,” writes Ian Johnson at his weblog.Read More →
China’s economy: problematic for the next two years – Jim Rogers
China’s economy is not going to recover for the next two years, says renowned investor Jim Rogers to The Deep Dive. For the first time, the country is deeply indebted, faces a global bear market, and has not been able to solve the downturn in its real estate, he tells at the Deep Dive.Read More →
China-US flights planned to increase
China and the US have agreed to expand the number of flights in an effort to expand trade relations between both countries. Although China has abolished most of its zero-covid measures since March, the number of weekly flights between both countries was stuck at 24, reports Reuters on June 28. Before Corona, that number was up to 350 per week.Read More →
Payment giants will accept foreign credit cards
One of the major nuisances for foreign visitors to China might be gone as the country’s major payment giants, Tencent (operating WeChat Pay) and the Ant Group (operating Alipay) agreed to accept foreign credit cards on their platforms. Up to now, visitors needed to have a Chinese bank account to use those common payment tools in China.Read More →
China aviation industry expects recovery by the end of 2024
Just lifting the stringent Covid-19 restrictions in China did not revive its economy as expected. The lockdowns ended in December 2022 and visas were issued in March 2023 again, but the recovery had been lackluster. The aviation industry belongs to those with the most disappointing predictions by June. 22, 2023, as it expects to be back to normal by the end of 2024, hoping for an extension of government support, reports the South China Morning Post.Read More →