Eyes were on Sofia, Bulgaria, last week, as China’s prime minister Li Keqiang tries to improve relations with Eastern Europe. Economist Sara Hsu puts Li’s efforts into perspective as both trade and investments between China and Eastern Europe have been stagnant, compared to other countries in the One-Belt, One-Road initiative, she tells at CGTN. Also: the contagious relations with the EU.
Category Archives: investments
Despite talks of trade war and erratic tweets and policies by US president Donald Trump, China’s rich still see in the US the preferred destination for migration, says the 2018 Hurun report on immigration and China’s HNWI’d. And despite talk of the Brexit, London is moving upwards in its annual rankings, says Hurun chief researcher Rupert Hoogewerf.
Many foreign companies get it wrong when they try to use WeChat to sell in China. Marketing veteran Ashley Dudarenok, author of Unlocking the World’s Largest E-Market: A Guide to Selling on Chinese Social Media gives the main takeaways for using WeChat for reaching the Chinese consumers.
Investors from China are not discouraged by the upcoming Brexit, the exit of Britain from the EU, says Hurun China Rich List founder Rupert Hoogewerf on his second tour with twelve Chinese investors through the UK, he tells the China Daily.
William Bao Bean, managing director of the Chinaccelerator, the first and longest-running startup accelerator program in China, supported in 2017 160 investments in startups. The blockchain is becoming increasingly a feature larger companies need, and where startups can help, he says in this interview.
China is way ahead of Europe when it comes to its digital transformation, says Zhejiang University professor Mark Greeven, author of Business Ecosystems in China: Alibaba and Competing Baidu, Tencent, Xiaomi and LeEco to the NRC. Europe is way over-regulated compared to China, he says, and companies get in China much more leeway to experiment.
Internet giants Baidu, Tencent and Alibaba increasingly buy into innovative companies to stay ahead of the competition. They have become dominant investment vehicles, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, to the South China Morning Post.
China’s massive One-Belt, One-Road program has often been compared with the US Marshal plan after the Second World War. Keen to reap the benefits, risks have also been highlighted, writes financial analyst Sara Hsu at Capital Watch. US investors like Marc Merlino, head of Citi’s global subsidiaries group started to explore the field, she writes.
China is adamant when it says it does not want to replace the United States as an international player. But what does it want, asks The Diplomat Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order. ” Many nations feel Western, historically ethnically white nations have an outsized say in institutions like the World Bank or IMF and feel the U.S. contains their growth.”