Classic tourists destinations like France are out for China´s rich, as they focus on more exotic destinations like the Arctic and Africa, reports the Wall Street Journal based on a new report by Rupert Hoogewerf´s Hurun Rich list. Only Switzerland survives in Europe.
Category Archives: Speaker News
Dire predictions for the trust industry have not materialized, because of smart interventions by China´s financial authorities. But that does not mean the industry is off the hook, writes financial analyst Sara Hsu in The Diplomat. Danger from the property market will remain till the end of 2014.
Google services in China have been disrupted for the past ten days and business analyst Shaun Rein explains at Bloomberg TV how foreign and domestic businesses in China face limitations in their global operations. Although in the short run US tech firms suffer most.
When LinkedIn gained access to the attractive Chinese market, it had to make sure it would adhere to the country´s laws and regulations, including the censorship. Now, at June 4 we know what that means. Business analyst Shaun Rein tells the Wall Street Journal how he was censored.
Author Howard French´ latest book China’s Second Continent: How a Million Migrants Are Building a New Empire in Africais getting raving reviews. Here a few remark by Kerry Brown, Director of the China Studies Centre at the University of Sydney for Caixin.
High-end brands are no longer the only winners in China´s luxury industry, as affordable fashion gets the favor of consumers, and high-costs items are mostly purchased outside China, explains business analyst Ben Cavender in the China Daily.
After the massive gas deal between China and Russia, both countries are now working on a deal on Russian fighters and surface-to-air missiles. But it is not yet a done deal, explains defense analyst Wendell Minnick in Defense News.
WSJ wealth editor Wei Gu discusses the turning point in China´s real estate market with JP Morgan economist Zhu Haibin. While weak demand and oversupply leads to an adjustment, no price collapse is expected like in the US real estate crisis.
Name me one innovative project coming from China, US vice-president Joe Biden challenged his audience. CNN took up the challenge and lists four major ones. “Biden is playing to an outdated idea of China, says Shaun Rein, author of the upcoming The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia.