China´s economy is diversifying fast, where some foreign companies win, others lose. WSJ´s weath editor Wei Gu talks with former China economist Ben Simpfendorfer. While growth is still high, some industries do better than others. “There is no longer a single China.”
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Tom Doctoroff, APAC CEO of JWT, tries to close the abyss between social media and traditional branding in his latest book Twitter is Not a Strategy: Rediscovering the Art of Brand Marketing. In Thoughtful China he explains why branding on social media need the more traditional insights.
Author Shaun Rein of The End of Copycat China explores at Richard Heffner’s Open Mind a fast changing China. Twenty years ago Chinese had trouble to meet their basic needs, but now – as wealth has exploded – they start to redefine what is important in life, their Chinese dream, as president Xi Jinping calls it.
Premier Li Keqiang will visit Germany this week with the largest business delegation ever. Business analyst Shaun Rein explains why China has a rather weak economy, and needs Europe for support. With some advise on German business how to treat Chinese competitors.
Last year China promised it would not bail out its unruly financial sector. It still did. It promised swiping financial reforms. They did not materialize. Financial analyst Sara Hsu discusses the current state of China´s finance and what the government should do. Asking questions are Chao Pan and Fons Tuinstra.
What is the room for newcomers in China´s e-commerce after Alibaba´s successful IPO? WSJ wealth editor Wei Gu discusses with Jef Walters of Boston Consulting, and finds that massive growth is still possible. Only half of China´s internet users is purchasing online, and mobile is still taking off in a country where most users have mobile.
High profile donations from Chinese wealthy to US top universities have been hitting the headlines a few times. But, discovers WSJ wealth editor Wei from BE Education founder William Vanbergen, donations from China are lagging compared to other nationalities, although that might change.
Shenzhen-based Mark Obama Ndesandjo, half-brother of US president Barack Obama, discusses in his book An Obama’s Journey: My Odyssey of Self-Discovery across Three Cultures their different perspectives of the Obama´s, his family and the relation with this half-brother. “Follow your own path is most important,” he tells in BroadSide.
Despite its close to US$22 billion IPO at the New York Stock Exchange today, business analyst Shaun Rein does not see in Alibaba a real global company. “Its model is not scalable in other large market like the US and Indonesia”, he says at has much work to do at home, especially on mobile where it is lagging.