Category Archives: business

The real force behind the sharing economy – Jeffrey Towson

The winner among the sharing companies is not the one who sells most rides, but the one who is best in collecting smart data, says Peking University professor Jeffrey Towson to the New York Times. “The fight is no longer over who has the biggest fleet,” Towson says, “but who has the smartest fleet.”

Lessons for crossing borders – William Bao Bean

Try to solve a problem, even when that means you have to throw your ideas in the bin, tells William Bao Bean an Australian audience. When people in India or China do not have the problem you try to solve, going there does not make sense. The managing director of Chinaccelerator helps preparing for the next four billion of customers.

The War for China’s Wallets – Shaun Rein

The long-awaited third book by Shaun Rein The War for China’s Wallet: Profiting from the New World Order is now available on Amazon. After two earlier bestsellers, Shaun Rein now focuses on the fast-changing playing field for foreign companies to make their operation work in China.

Manipulating figures, part of the Single’s Day game – Shaun Rein

The top-2 e-commerce players Alibaba and accused each other of cooking the turnover they recorded at China’s Single’s Day. Business analyst Shaun Rein would not believe either of them, he tells the Sixth Tone.

Trump: a bit of business, few jobs from China – Paul Gillis

The result of Donald Trump’s visit to China has been underwhelming, especially when some of the published deals were put under scrutiny. Beida accounting professor Paul Gillis looks at the Washington Post and the opening of financial markets where foreign firms could get a majority share.

Honouring Zhejiang entrepreneur Lu Guanqiu – Rupert Hoogewerf

The iconic Zhejiang entrepreneur Lu Guanqiu, founder of China’s largest automotive parts company Wanxiang Group, passed away last week, 72 years old. Hurun China rich list founder Rupert Hoogewerf remembers him as ” industrious, down-to-earth and low-profile” , he tells in Asia One.

Internet giants crush the smaller ones – William Bao Bean

Who will survive in the travel industry: the global giants or the local ventures, was a question for William Bao Bean, managing director of the Shanghai-based Chinaccelerator, at the WIT 2017 Conference in Singapore. William, who guided hundreds of startups, believes the big internet firms will crush the small ones, writes WebinTravel.

Timing and resilience, key for success startups – William Bao Bean

Many cities, including those in China, are teeming with startups. Many will fail, some will succeed. Timing and resilience are two factors that are crucial for the success of startups and their founders, says William Bao Bean, managing director of the Chinaccelerator at the WIT Bootcamp 2017, according to Web In Travel.

Cross-border startups, guided through the Chinaccelerator – William Bao Bean

Crossing borders is challenging for startups. Willliam Bao Bean, managing director of the Chinaccelerator, guides us through their crowded Shanghai offices, and explains this unique collaboration between starting entrepreneurs, governments, companies, while finding a way through massive numbers of interns.

China’s rich control US$2.6 trillion – Rupert Hoogewerf

China’s growth might have reduced, and investing abroad more difficult, but China’s annual Hurun rich list has been growing faster than ever, says its chief researcher and founder Rupert Hoogewerf to the South China Morning Post. China’s rich now control US$2.6 trillion, he adds.