Category Archives: Speaker News

China´s wealthy go to exotic places – Rupert Hoogewerf

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.

Trust industry is not yet off the hook – Sara Hsu

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 block hurts Chinese interests – Shaun Rein

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.

Censored by LinkedIn – Shaun Rein

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.

Giving a face to Chinese in Africa – Review

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.

Affordable fashion gives boost to fast brands – Ben Cavender

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.

Big four lose in ranking on China – Paul Gillis

The trouble the big four accounting firms are having in China is hurting both turnover and their rankings, accounting professor Paul Gillis from Peking University writes on his weblog. “The Big Four had better find their game soon.”

Next: China deal on Russian fighters – Wendell Minnick

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.

Turning point in the real estate market – Wei Gu

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.

Why did Joe Biden miss China´s sea change innovation? – Shaun Rein

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.