London-based China veteran Mark Schaub summarizes in his China Chit-chat newsletter the meetings his law firm had with 24 Ultra High Net Worth Individuals (HNWI) from China over the last three months of 2023. They were checking out opportunities in Europe and the Middle East, partly because their offspring was not really interested in joining their China business. They would look for lessons from their European counterparts but failed because of the differences between Chinese and Europeans, and because the concept of paying for professional legal advice did not yet take root among the Chinese visitors.Read More →

While China is seriously trying to get to terms with the end of the zero-Covid policies since the end of December 2022, international business has not been following suit, according to the Financial Times. International business delegations and other foreign visitors have not yet returned to Shanghai, writes the paper.Read More →

The world has been utterly confused by China’s attitude to Russia and the war in Ukraine. One thing is sure, says China analyst Ian Johnson in an opinion piece for CNN, we should not expect China to solve the war in Ukraine. “Becoming involved in foreigners’ disputes makes no sense. Better to stay out of the fray, see who is likely to win, and then cut deals,” Ian Johnson says.Read More →