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.
US president Trump called China a currency manipulator and announced a 45% import tax on Chinese goods during his election campaign, but instead came up with a 100-day plan to work out friendly relations. Political analyst Sara Hsu discusses how the 100 day plan is developing, and why Trump changed his viewpoint.
Unlike the remembrance of the former colonial forces in Africa, China’s current geopolitical adventures into the continent “Africans’ view of China “is still positive, but not as exuberant as it was”. says Howard French, author of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa to Today Online.
A relative slow growth, a rapidly aging population in an unprecedented demographic transition, and no serious social safety net. Author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power calls at the Asia Society the next 10, 15 years the most dangerous for China.
China’s auditing regulators have issued temporary bans for the Chinese affiliate of BDO and Ruihua, the Chinese affiliate of both Crowe Horwath and RSM, over the past few months. Harsh measures to get auditing firms in line, even for international standards. Beida auditing professor Paul Gillis has his doubts, he writes at his weblog.
Lynk & CO and NIO both launched their first production models at the Shanghai auto show in April, but the question is whether new technology is enough to sell their cars. Branding expert Tom Doctoroff says to Wardsauto that the newcomers on this market need a bit more to succeed.
Hypes are a part of China’s competitive climate, and with the hypes VC capital floods industries, like bike-sharing and food deliveries. And that might be nice for a while, warns Shanghai-based VC veteran William Bao Bean, it does not mean the best ideas get funded, he tells the Globe&Mail.
Competition in China is rough and bloody for almost every company that even has the smell of possible success. But Beida business professor Jeffrey Towson did not yet find a reason why this rule does not apply to Starbucks. No competitor gets near the giant and – he wonders at his weblog – there is no real reason for that.
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.
Xi Jinping’s One Belt, One Road initiative has raised many voices, inside China rather positive, outside China often sceptical. Financial analyst Sara Hsu looks at some details of the multiple trillions US dollar project and feels getting it right might be tough, whatever side you are on as financial checks and balances are lacking, she writes in the Huffington Post.