China has been preparing for the fallout of a decision of the Federal Reserve, but find themselves dealing with an unexpected black swan, says financial and political analyst Victor Shih to Bloomberg. The Renminbi might be under pressure.Read More →
While the world is trying to get to grips with the fallout of a possible Brexit, very few of the effects for China can be sure, with the exception of the currency trade, says economist Arthur Kroeber to Bloomberg. At this stage, the risks seem fairly limited.Read More →
McDonald´s might be in China for decades, it still has problems to adjust to the fast changing realities on the ground, says business analyst Shaun Rein to QZ. They now decided to increase their franchises and leave the cooking to people who better know the Chinese taste, says Shaun Rein, and that seems a smart idea.Read More →
Whether China is copying or innovating is a useless discussion, says VC William Bao Bean to the South China Morning Post. Everybody is building on previous experiences, he says, but certainly in social commerce, how to sell online, China is way ahead compared to other parts of the world.Read More →
Can Asia produce its own Mark Zuckerberg, the founder of Facebook? “No,” noted the reporter of E27 from a speech Chinaccelerator director William Bao Bean gave at the Echelon Asia Summit 2016. Unfortunately, the reporter did not wait for the second part of the speech, and William explains why Google and Facebook changed the playing field at Facebook.Read More →
Starbucks raised its prices, causing a stir among the many users of the popular coffee chain. They will whine a bit, but get over it very soon, says retail analyst Ben Cavender in the China Daily, and he does not expect a sustained backlash.Read More →
Shanghai Disney opened this week after five years of preparing while China´s growth had been relatively slowing down. But business analyst Shaun Rein does not see this mega operation will be hurt by dropping consumer spending. Chinese still spend on experiences and their kids, he tells AP.Read More →
Chinese authorities have started to crack down on zombie firms, firms that mostly exist in name. A good sign, writes financial analyst Sara Hsu in the Diplomat, but there might be huge differences between provinces, she warns, as the government also wants to avoid job losses.Read More →
The new rules on taxation of cross-border e-commerce have caused fear the government is trying to kill an increasingly lucrative industry. It was inevitable the government would start to regulate – not kill – this booming business, says Shanghai-based lawyer Mark Schaub in Lexology. The timing was a surprise, and unfortunately, regulations are not very clear, he adds.Read More →
The Hurun China rich list published its annual list of people giving to charities. Not only grew the amount of gifts year-on-year in 2016 50%, the givers organize their charity more professional and are better aware of its effects, tells Hurun Chairman Rupert Hoogewerf in the Luxury Daily.Read More →
China has a longstanding tradition of rewriting and even recreating its own past. The current regime is not different, writes journalist Ian Johnson in the Guardian and he meticulously analyses the complicated relationship between the Communist Party and its history.Read More →
China and the US start today annual high-profile talks in Beijing in an effort to mend their relations. In some ways the relations between both countries looks like an arranged marriage, says economist Arthur Kroeber to NPR. Relationship status? It’s complicated.Read More →