Tencent’s WeChat released last week to manage its successful mini-programs, moving ahead with an operating system, pushing against the already embattled competitor Apple, says Tencent watcher Matthew Brennan in CNBC. The fight focuses on China, where mini-programs are most popular.
Bargaining at Chinese markets is a show, explains marketing veteran Ashley Duranenok at her daily vlog, and she gives some basic rules. “Always stay in your role,” is a key one.
Negotiators at both China and the White House are figuring out what kind of trade deal might be possible, while the trade war is still moving on. Leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, looks into the next moves for both parties for the South China Morning Post.
The arrest on Meng Wanzhou, the Huawei CFO, in Canada, has a huge impact on business relations, says Hurun chief researcher Rupert Hoogewerf, who was in Canada for the Hurun Canada Fortune Forum on Sunday in Markham, to the China Daily.
Bureaucratic rules have hampered China’s access to international talents, for example because of troublesome rules on visas for experts. But Hainan is going to do this better, says innovation expert and managing director of the Chinaccelarator in Shanghai William Bao Bean to the South China Morning Post.
Luxury brands jumped on Douyin, a hip short video app that is popular among China’s young social media users, that has even been called the WeChat for luxury goods. Wrong, very wrong, says marketing veteran Ashley Dudarenok to the Jing Daily.
President Xi Jinping is effectively replacing former leader Deng Xiaoping as the thought leader of China’s development, and he is well on his road to set the road for the country as a global power, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at Bloomberg.
2019 does not look good for China’s economy, says financial analyst Sara Hsu, as the effects on import and export of the trade war kick in, and China was experiencing a slowdown already before the trade war started. In the US specific industries are hard hit, like automotive, agriculture and tech, she adds.