Category Archives: Speaker News

Starbucks competitor Luckin struggles to hold on – Ben Cavender

The first quarter of China’s coffee maker Luckin after it’s US IPO earlier this year proved to be a rough one, as shares dropped. Luckin has a of work to do to catch up with competitor Starbucks, says retail analyst Ben Cavender to Reuters.

Devaluation: no manipulation, just basic economics – Jim Rogers

China is not manipulating its currency, says trader Jim Roger. When your currency gets hit by massive tariffs it is basic economics your currency goes down, he says to RT….

Marketing to China’s silver hair consumers – Ashley Dudarenok

Most wealth in China is in the hands of the 50+ year generation, says marketing expert Ashley Dudarenok, but most marketing still focuses on the young. She wants to step up marketing efforts for the silver-haired consumers, who have 70-80% of the countries wealth to spend.

What if China runs out of US dollars? – Victor Shih

China has been saving much capital in US bonds and could use those resources to finance its debt and policies in the past. But what happens if China runs out of US dollars, asks political analyst Victor Shih in the New York Times.

New retail: changing the shopping mindset – Ashley Dudarenok

New retail is changing the mindset of both the Chinese consumers and the retailers, writes marketing expert Ashley Dudarenok. Some brands are finally getting the idea, but for traditional retailers, there is still a lot of work to be done, she says in the China Economic Review.

African states can ask China for more transparency – Howard French

Transparency is not a natural thing for China, not domestically nor internationally. But African states can ask China for more transparency, argues journalist Howard French, author China’s Second Continent: How a Million Migrants are Building a New Empire in Africa, to Inkstone.

How to compete in China – William Bao Bean

In China, the internet is the economy. SOSV managing director William Bao Bean explains how international firms can enter the China market. With magic information on how Tencent and their WeChat dominate the playing field, and how you can win that war. And how Chinese companies are conquering the world.

Big four accounting firms: winning again in China – Paul Gillis

The Chinese government has tried to promote local CPA’s on the expense of the Big Four, but – says  Beida accounting professor Paul Gillis – the 2018 top-10 CPA ranking shows the Big Four are back winning market shares, with PwC, Deloitte and E&Y in the top three, he writes at his Chinaaccountingblog.

Next in the trade war: economic disengagement between US and China – Arthur Kroeber

New tariffs are not the main worry, as new shots are fired in the trade war between China and the US, says economist Arthur Kroeber according to Barron’s. Next is the upcoming disengagement between both economies and the question of what domains will be involved.

China moves to kill animal cruelty in cosmetics tests – Mark Schaub

China forced global cosmetics brands to use animal tests before entering the market, but is now moving to fall in line with cruelty-free cosmetic tests, writes lawyer Mark Schaub at the China Law Insight. “For international cosmetic companies, this may make the Chinese market more attractive for cruelty-free brands. However, issues will still exist but the direction at least should be applauded,” he says.