US companies profit already a lot from the trade relations with China, says China veteran Tom Manning to CNBC and the country is already liberalizing its economy. Those will be the two arguments China’s Xi Jinping will bring into the meeting between presidents Donald Trump and Xi Jinping, Manning says. This meeting will be only a start of a relationship at best.
Superinvestor Warren Buffett made a surprise appearance on CoCa-Cola’s Cherry Coke’s can during their China launch. A good move, says business analyst Shaun Rein to AP. Business leaders like him are more popular than sport starts.
China’s emerging religious experiences have often been misunderstood by the West, says author Ian Johnson of The Souls of China: The Return of Religion After Mao in an interview with the New York Times. “I think the government is happy to see these things grow—almost as a form of stability.”
Chinese investors are moving into the world, including Europe, and doing business has become easier, says RSM professor Zhang Ying. Often they know each other already from the past investments into China, and communication has become much easier, she tells at a website of the Spanish government.
China’s markets are littered with failures by US firms, but Airbnb might actually have a chance, says Beida business professor Jeffrey Towson in the Guardian. Domestic competition is not strong, and Airbnb has opportunities in international travel by Chinese.
Journalist Zhang Lijia’s book Lotus: A Novel on prostitution in China hides nice jewels in different corners. Sex workers often held very strong religious believes, she tells Karen Ma in AsianCha.”I believe it is their way of cleansing themselves, but also because they feel the deities won’t judge them.”
Journalist Ian Johnson provides in The Souls of China: The Return of Religion After Mao an unprecedented view on how religion has been developing in China over de past years. In an interview with the author for the LA Review of Books Ting Guo argues Johnson did miss important developments. Ian Johnson disagrees.