For a while, London was in the running to get the Tiktok international headquarters, but under the Tiktok-Oracle deal the UK’s capital seems to have lost that opportunity, says China internet watcher Matthew Brennan to CNBC. That seems another setback for the UK now the country is already suffering under the corona crisis and Brexit.Read More →

China´s central government is pushing offshore RMB bonds as a tool to support Chinese firms to go abroad. Financial analyst Sara Hsu looks at the current state of offshore RMB bonds, and expects a massive expansion, she writes in the Diplomat.Read More →

Lower barriers to capital accounts, make it easier to trade in China´s currency, the Renminbi. Offshore trading centers expand, at the country builds up it financial leverage. Financial analyst Sara Hsu has a look at the expanding RMB clearance banks in the Diplomat. After Hong Kong, London, Frankfurt and Seoul, Paris and Luxembourg followed.Read More →

Paris and Europe in general are losing track as hot spots for buying luxury goods, as the crisis hits China’s middle class, and consumers move from luxury goods to lifestyle, tells business analyst Shaun Rein in WSJ. “Why buying expensive goods, if you cannot have clean water and air?”Read More →

China displayed for the first time its first unmanned combat aerial vehicle (UCAV), the Pterodactyl UAV, at the Paris Air Show last week. Defense analyst Wendell Minnick explains in Defense News how China’s new toys can change the power balance by circumventing current embargoes and other regulations.Read More →

The UK might be lagging when it comes to attracting average Chinese tourists, the country is certainly successful in attracting the wealthy section of the Chinese. Key driver were the Olympics, estimates Hurun rich list founder Rupert Hoogewerf in the Telegraph.Read More →

China’s luxury goods market might still be going strong, despite a dip in the country’s growth. But previously popular brands like Burberry are losing traction, tells retail analyst Paul French in the Huffington Post. But there is still hope.Read More →