Category Archives: globalization

Experts on the US-China trade war at the China Speakers Bureau

The official trade war between the US and China seems to be entering its end game. But that does not mean the hostilities will end. Making sense out of what the world’s first and second-largest economies will do will only be slightly easier. A few speakers at our office might be able to help you out.

Foreign investment law not the feared VIE-killer – Mark Schaub

For years the business community feared China’s central government would kill the so-called VIE’s (variable-interest entity). The tool to circumvent the country’s strict ownership regulations was never endorsed by the government but has also never been in serious trouble, tells China veteran and lawyer Mark Schaub to Bloomberg. The ban even did not show up in the draft foreign investment law, last week.

Huawei: too late to save its international image? – Tom Doctoroff

China’s telecom giant Huawei turned on an unprecedented PR machine after it got into rough weather and even exposed its reclusive founder to foreign journalists. Too late, too little, but not untypical for most Chinese companies, even when they have global aspirations, says marketing veteran Tom Doctoroff to the Holmes Report.

The Belt and Road initiative: all roads lead to China (updated)

One of the major global initiatives by China was the massive Belt and Road Initiative, reviving the old silk roads. In May 2017 a major international conference showed what our experts were already expecting: now all roads lead to China. Even countries who suffered from difficult relations with China, including both Koreas, appeared in Beijing.Larger than the former Marshall Plan after the Second World War, OBOR is going to redefine global trade.

The Alstom-Siemens merger does not stop competition from China – Harry Broadman

The EU competition commissioner Margrethe Vestager banned the merger of European rail giants. They presented the merger as the way to stop competition from China. China expert Harry Broadman commends Vestager for her much debated ban as, Broadman argues, size is not the way to fight Chinese companies. Innovation is, he writes in Gulf News.

How Trump’s trade war is backfiring – Sara Hsu

Trump’s trade war against China is backfiring, says financial analyst Sara Hsu at the China Focus. While ideologically the trade war makes sense, US consumers and companies pay a high price, she says.

Didi: still a lot of trouble with the authorities – Ben Cavender

Ride-hailing company Didi Chuxing, the main competitor of Uber, is trying to move upscale, into self-driving cars, foreign cooperation and projects out of China, but at home, they still face basic challenges, says Shanghai-based business analyst Ben Cavender. Local authorities focus on illegal drivers, according to Reuters.

Renminbi: not yet close to US dollar as world currency – Wang Haiyan

China’s Renminbi is not coming close to the US dollar as the world’s reserve currency, says business analyst Wang Haiyan to Money Talks. Even though more trade is done in the Chinese currency, the US dollar is still dominant. China cannot expect export to save its economy but relies on domestic consumption. But that transition is not going overnight, Wang adds.

Alibaba: well positioned to enter Russia – Ashley Dudarenok

China internet giant Alibaba struck a major deal last week with Russia’s  Mail.ru – one of Russia’s leading tech and media conglomerates that is already called Russia’s Alibaba. A smart move says Russian Ashley Dudarenok, a veteran marketer on China’s e-commerce and author of Unlocking the World’s Largest E-market: A Guide To Selling on Chinese Social Media in the China Economic Review.

How emerging markets turn around the product lifecycle – Harry Broadman

Emerging markets have turned around the traditional view on the product lifecycle, as multinational knew them, argues Harry Broadman in his speech on innovation and entrepreneurship. No longer is the US the birth ground of new ideas, who then spread to emerging economy, but innovation from emerging countries conquer the world in its own right.