Category Archives: Hainan

High-end Chinese travelers make new choices – Rupert Hoogewerf

Where do they go to, where do they stay. The travel industry is eagerly looking at the luxury traveler from China. The latest Hurun Chinese Luxury Traveller report shows some answers: they increasingly go for luxury homes instead of hotels, says Hurun chairman Rupert Hoogewerf to the South China Morning Post.

What if gambling takes off in Hainan? – Sara Hsu

The debate is taking off on whether China would allow gambling on Hainan Island. Financial analyst Sara Hsu explains gambling would diversify the tourism industry on the island, but would also hurt the economy in nearby Macau. Two earlier efforts on Hainan were already aborted for political reasons.

The Boao forum: a stepping stone in China’s global policies – Shaun Rein

The ongoing Boao Forum in Hainan never attracted as much attention as this year, as China’s global aspirations expand, and US president Donald Trump is heading for a trade war, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post.

At the end of a century of shame – Howard French

After a century of submission under foreign powers, China is winning back its old glory, and its influence in the region and the world, writes Howard French, author of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power at the New York Times.

What is China looking for in the South China Sea? – Howard French

China´s endeavors into the South China Sea has both flabbergasted and worried its neighbors. Journalist Howard French looks for the Guardian into the efforts, and comes with an explanation: overcoming the humiliations of the recent past, is an important theme. The struggle of an upcoming superpower.

China challenges US surveillance practices – Wendell Minnick

When a Chinese J-11 fighter challenged a US Navy P-8 Poseidon on Aug. 19 near Hainan Island, it triggered off a debate on the way the US performs its surveillance strategy, writes defense analyst Wendell Minnick in Defense News.

Yacht sales having a tough year – Wei Gu

Sales of yachts in China are under pressure, WSJ wealth editor Wei Gu notes at the Hainan Rendez-Vous, caused by China´s anti-corruption drive at the China Real Time of the WSJ. It did not help that last year sex-and-drugs stories emerged from the 2013 fair.

Golf for the masses at Hainan – Wei Gu

Golf operator Mission Hills is opening a large public golf course at Haikou at Hainan island, to tap into China´s huge domestic tourism industry. WSJ wealth editor Wei Gu talks to Ken Chu, CEO of the Mission Hills Group on how to involve more than the current 5 million Chinese golf players in this sector.

Tariff cut needed to boost luxury sales – Shaun Rein

Chinese have spent last year 13 billion US dollar on luxury goods, but only 40 percent in China itself, says Shaun Rein in CNBC. Because of the high tariffs luxury goods, including cars, are 20-30 percent more expensive on the mainland. “They are shooting themselves in the foot.”