Blog Archives

Local VC’s got hit by another China winter – William Bao Bean

China’s economic slowdown has mainly hit local VC’s, says William Bao Bean, managing director of the Chinaccelerator, at OZY.com. A government crackdown on risky investments and the fallout from the trade war is hitting the industry after the 2017-2018 boom.

The trade war is not yet over – Harry Broadman

Former trade negotiator Harry Broadman warns at Bloomberg the trade war is far from over despite positive sounds on the phase 1 agreement. US President Donald Trump seems more engaged in winning the 2020 presidential elections than ending the trade war. And he introduces agricultural deals for the US that makes the country look more Chinese than ever.

Alipay, WeChat at last opened for foreigners – Shaun Rein

Alipay and WeChat, China’s largest payment options, opened their services for foreign credit card holders, and it was about time too, says Shanghai-based business analyst Shaun Rein, author of the bestseller The War for China’s Wallet: Profiting from New World Order to the South China Morning Post.

How does Alipay works for foreign tourists? – Ashley Dudarenok

Marketing expert Ashley Dudarenok is enthusiastic about the announcement of Alipay to open up for tourists visiting China, followed shortly by a similar move by WeChat. On her vlog, she explains how visitors without a Chinese bank account can now use Aliba. Details on WeChat were not yet known at the moment of recording.

Financial experts at the China Speakers Bureau (updated)

Now a massive row of Chinese companies, including Alibaba, are preparing for IPO´s, both at home at abroad, insights in China´s financial industry are more important than ever,

The government wants to allow market forces to decide what financial direction the country is taking, and because more than even capital is owned by Chinese citizens, just looking at what the central government in Beijing is doing, is not longer good enough.

Fintech experts at the China Speakers Bureau (updated)

From a cash country, where transactions were done by moving plastic bags with money between bank branches, China has turned into a leading force in fintech or financiel technology. Mobile payment are standard. Bitcoins and blockchain technology found in China early adopters. Social media have – more than anywhere in the world – adopted payment systems to facilitate online trade.

How Google entered and lost China – Kaiser Kuo

When Google entered the China market in 2006 it notified its users they are looking at a censored search engine. The government hated it, says Kaiser Kuo, former head international communication of competitor Baidu to the Go Tech Daily.

State-owned companies get too many loans – Arthur Kroeber

Private companies have a hard time getting bank loans, says economist Arthur Kroeber to Barron’s. But that is nothing new, he adds, the problem is that state-owned companies get loans too easy. That division is more important than the level of China’s debts, he adds. “Too much attention has been paid to the debt problem.”

How to launch your product at Zhihu – Ashley Dudarenok

Zhihu, China’s popular Q&A site comparable to Quora, can be a good place to launch your product, says China marketing expert Ashley Dudarenok at the Jing Daily. But the content-driven platform needs – not surprisingly – also a content-driven strategy, she explains.

Understanding the consumer in China – Ben Cavender

Understanding the consumer in China is tough for most foreign companies entering this competitive market, says retail analyst Ben Cavender. There is no escape from shopping here, as retail is fully integrated into daily life. “China is where all the future trends are happening,” he says.