Category Archives: Shanghai

Alipay, WeChat at last opened for foreigners – Shaun Rein

Alipay and WeChat, China’s largest payment options, opened their services for foreign credit card holders, and it was about time too, says Shanghai-based business analyst Shaun Rein, author of the bestseller The War for China’s Wallet: Profiting from New World Order to the South China Morning Post.

Understanding the consumer in China – Ben Cavender

Understanding the consumer in China is tough for most foreign companies entering this competitive market, says retail analyst Ben Cavender. There is no escape from shopping here, as retail is fully integrated into daily life. “China is where all the future trends are happening,” he says.

How Trump helps China’s innovation – Shaun Rein

China veteran Shaun Rein explains at the WSJ Tech Live conference how the policies of US President Donald Trump help China companies to focus on their own innovation instead of buying technology in the US.

China tops 2019 global unicorn list – Rupert Hoogewerf

Three Chinese companies, Ant Financial, Didi Chuxing and Bytedance top the inaugural global unicorn list 2019 for startups in this century, says Hurun chief researcher Rupert Hoogewerf according to the CEO Magazine.

Tech replaces manufacturing and real estate at rich list – Rupert Hoogewerf

China’s Hurun rich list is signaling yet another economic shift, says Hurun chairman Rupert Hoogewerf at CNN. This time the rich from tech firms are replacing those from manufacturing and real estate, according to the latest annual rich list.

How China’s urbanites create new identities – Ian Johnson

China’s big cities are developing a new city life, including new identities, writes journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, at the opening chapter of, Shanghai Sacred: The Religious Landscape of a Global City, by photographer and anthropologist Liz Hingley, quoted in a review of the photo exhibition in Liverpool at Creative Boom

Why multinationals eye incubators for a competitive edge – William Bao Bean

China’s competitive landscape is changing fast, and the blooming incubators for startups offer multinational a much-needed edge in local competition, says William Bao Bean, managing director of the Chinaccellator in Shanghai to Forbes. “When you’re under pressure and local players are taking market share from you, you look to innovation.”

China’s consumers hate to go for a premium product – Ben Cavender

Competition between Starbucks and Luckin has been heating up, and Luckin seems to focus on a higher segment of the market. But business analyst Ben Cavender warns the company might fall into a sword it helped to create itself, he tells to Reuters.

What happens when China’s economy slows down – Ben Cavender

The effects of a slowdown in China’s economy on foreign companies might vary, on the industry they are working in and on their size, says Shanghai-based business analyst Ben Cavender to Reuters. Smaller firms might close down, while larger ones try to diversify over time, he adds.

How SOSV became Asia’s no. 1 accelerator – William Bao Bean

VC William  Bao Bean explains at MOX in Taipei how his firm SOSV became the no.1 accelerator in Asia, globally investing in 150 startups every year in multiple verticals.