Getting customers in the China market was already expensive and the 2019 capital winter makes live for startups even harder, says William Bao Bean, managing director of the Shanghai-based SOSV. That might be bad news initially, but makes them more competitive in the longer run, he says according to Pymnts, quoting the Financial Times.Read More →

China’s internet companies are moving fast into India, but find a very different situation, says William Bao Bean, managing director of the Shanghai-based Chinaccelator and founder of the MOX SOSV’s Mobile-Only Accelerator. India is very diverse, offering a more competitive environment. Read More →

Financial analyst Sara Hsu compares on her weblog China and the US in trying to see if they are using different methods for getting a competitive advantage. Both do spy on each other and third countries, and China uses the One Belt, One Road (BRI) program to expand its power.Read More →

Online education is a booming business in China, and regulations are catching up, very slowly, says China-lawyer Mark Schaub in a thorough overview of the legal minefield for online educational ventures at the China Law Insight. “Curiously for a business that combines two highly sensitive areas of the Chinese economy – the internet and education – online education was only first officially addressed in 2018.”Read More →

Vision, robotics and language are key areas where China is worldwide leading artificial intelligence, says Rupert Hoogewerf, chairman of the Hurun report on AI. The number of patent applications has been rising sharply over the past five years, he adds in the South China Morning Post. Huawei holds a top position.Read More →

China’s economic slowdown has mainly hit local VC’s, says William Bao Bean, managing director of the Chinaccelerator, at OZY.com. A government crackdown on risky investments and the fallout from the trade war is hitting the industry after the 2017-2018 boom. OZY.com: Local venture capital firms that raise money and investRead More →

Many stories about China and the Chinese in Africa are simply myths, says journalist and author Howard French, of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa. He discusses how Chinese entrepreneurs ended up in Africa. “There was no big masterplan by the Chinese state to do so,” he says at The Columbia Global Centers in Nairobi.Read More →

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.Read More →