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Rupert Hoogewerf

Luxury consumer price index drops – Rupert Hoogewerf

Prices of luxury consumer goods have dropped for the first time in eight years, according to the Hurun Luxury Consumer Price Index, an annual study that gauges levels of top-end individual spending in China , writes the China Daily. Lowering of the prices is one of the reasons, says Hurun founder Rupert Hoogewerf.

Arthur Kroeber

Stock markets will not drag the economy down – Arthur Kroeber

Heated arguments still rage on the effect of the recent downturn of China´s stock markets. And while the government dealt badly with the financial markets, the effect on China´s economy will be limited, writes economist Arthur Kroeber in ChinaFile.

Rupert Hoogewerf

Expected: more superrich despite economic slowdown – Rupert Hoogewerf

A slower economic growth and dropping stock markets is not stopping the growth of superrich, says Rupert Hoogewerf, the founder of the Hurun China Rich List, in the Korea Herald. He expects a record high of 450 Chinese dollar billionaires, up 26% from last year.

Kaiser Kuo

How Baidu became a leader in Big Data – Kaiser Kuo

As China´s largest search engine, it was obvious that Baidu has access to an enormous amount of big data. Communication director Kaiser Kuo explains how Baidu has been building on that main asset for Knowledge CKGSB.

Arthur Kroeber

One China, three worries – Arthur Kroeber

Economist Arthur Kroeber spells out three worries for China in the Business Standard. The stock market, short-term growth and long-term growth and reform. Here is his first worry. Damage to the economy seems limited.

Howard French

What is China looking for in the South China Sea? – Howard French

China´s endeavors into the South China Sea has both flabbergasted and worried its neighbors. Journalist Howard French looks for the Guardian into the efforts, and comes with an explanation: overcoming the humiliations of the recent past, is an important theme. The struggle of an upcoming superpower.

Sara Hsu

Not to worry about capital flight – Sara Hsu

About US$142 billion in capital left China in April and June, triggering off some concerns. But according to financial analyst Sara Hsu writes in the Diplomat, here there is no reason to worry. China is encouraging outbound investment programs, and then it is hardly a concern when capital actually leaves the country.

Victor Shih

Football transfers under threat after market reshuffle – Victor Shih

The recent downturn in the stock market and the government restrictions on money capital transfers might hit transfers in China´s football leagues, says financial analyst Victor Shih to Associated Press. “It is a general problem for wealthy people in China who are major shareholders in companies,”

Ian Johnson

Rethinking Mao Zedong, an interview – Ian Johnson

Stanford sociologist Andrew G. Walder rewrote the history of Mao Zedong as we knew it in his book China Under Mao: A Revolution Derailed, where he argues that Mao was not inspired by Communism, but a poor understanding of Stalinism. Journalist Ian Johnson interviewed him for the New York Times.

Shaun Rein

Art and travel, the new status symbols – Shaun Rein

Spending patterns of the super-rich have change a lot, tells business analyst Shaun Rein at CNN, Now they focus on both art and exclusive travel. Sales of luxury goods are dropping, and many blame Xi Jinping´s anti-corruption drive, but the rich just make different choices, says Rein.

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