Author Joel Backaler of China Goes West discusses at ´Thoughtful China´ the pros and cons of Chinese firms going west. Not surprisingly, Chinese companies make many of the mistakes foreign firms made when they entered China.
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Alibaba´s Jack Ma was only the latest of a string of Chinese millionaires investing into football in their country. Football is a game changer, only in the early phase of commercializatin, say WSJ´s wealth editor Wei Gu and Roy Lu of Starline Inc., a Sino-U.S. sports entertainment agency.
Inflation is up, but business analyst Shaun Rein does not expect the government to push more liquidity into the economy, he tells at Bloomberg TV. The weak domestic demand is troublesome, though, he says: “I have never seen it so bad in my 17 years in China.
WSJ wealth editor Wei Gu discusses the turning point in China´s real estate market with JP Morgan economist Zhu Haibin. While weak demand and oversupply leads to an adjustment, no price collapse is expected like in the US real estate crisis.
China is hitting US tech interests now on an almost daily basis, and this battle is likely to continue in the coming months, tells business analyst Shaun Rein at Bloomberg TV. While the Edward Snowden disclosures might have set off these measures, the indictment of five Chinese for cyber espionage was the trigger.
Annette Nijs, CEIBS Executive Director Global Initiative, was among the five presenters, was among five experts explaining president Xi Jinping at his visit at CEIBS how China can attract foreigners and innovation to the country.
In the China-Africa debate, the voices of both the Chinese and Africans are often ignored. Former foreign correspondent Howard French wants to change that in this book, China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa, he tells the Huffington Post.
China´s smartphone maker Xiaomi has launched its first tablet and business analyst Ben Cavender sees the company doing well in the 15-35 year bracket of consumers who never used a PC. Apple and Samsung should start to worry, he explains in Bloomberg TV.
Private bankers are a hot commodity in Asia, although their corporate live can be tough. WSJ wealth editor Wei Gu gives aspiring wealth managers a few career advises. Being a good seller is more important than your family connections.