China’s most popular short-messages platform WeChat has at last included Snapchat/Instagram style stories. Long overdue, says Tencent and WeChat specialist Matthew Brennan at his website. He tells how it works, and why – if very late – this is a smart move.
Beijing’s Forbidden City tried to follow international cultural centers by developing itself as a brand. But business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, wonders if the effort has been very successful, he says in the South China Morning Post.
Alibaba’s major competitor JD is trying to change its corporate structure, after its CEO and owner Liu Qiangdong has been accused – and acquitted – of sexual misconduct. Business analyst Ben Cavender sees an effort to reframe the JD story, he tells in Benzinga.
The crackdown on two of five churches has not so much to do with religion, but is part of the government to control civil society, says journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, including NGO’s and others outside government control, at CNN.
Google’s effort to enter China’s censored search market has failed a second time, first in China itself, now because of opposition in the US and Google staff. Former communication director Kaiser Kuo at China’s leading search engine Baidu looks back at how the internet company failed at its first move back in 2006, for the MIT Technology Review.
Islam has been high on the hitlist of the central government, but Christian faiths seem to get a different treatment. journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, dives for the Independent into the differences between Protestants and Roman Catholics.
China’s former leader Deng Xiaoping has been celebrated as the architect of the country’s economic reform. Current president Xi Jinping is no longer following Deng’s track, but defines his own state-dominated economy, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to Bloomberg.
Financial authorities have been cracking down on protest caused by financial scandals, especially in P2P lending. Financial analyst Sara Hsu looks at her weblog at the expectations for China’s fintech industry in the near future during a slowing economy.
Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, did spend much time with pastor Wang Yi and his Early Rain Covenant Church during his research of his book. Now the government is cracking down, it means a drastic change of attitude by the authorities, but Johnson does not expect the religious revolution in China is over, he writes on his website.
Two financial regulators in the US, the SEC and the PCAOB, have joined the trade war of their country and combined it with their struggle for better accounting practices in China, writes Beida accounting professor Paul Gillis at his weblog. While the complaints are not new or surprising, he wonders about the timing, Gillis adds.