Foreign media too often focus on China’s crackdown on religion, but former foreign correspondent Ian Johnson, author of Sparks: China’s Underground Historians and their Battle for the Future, sees an opposite trend as China’s government started to support traditional faiths, in an effort to gain new legitimacy, he writes in the Council on Foreign Relations. Read More →

Business analyst Shaun Rein discusses the current state of China’s economy, how consumer confidence is slowly recovering, and why the fear of geopolitical tensions stops them from spending more in the economy. Why investors should be careful in investing right now into the second economy.Read More →

During the Cold War, authors from Eastern Europe and Russia belonged to household names among Western elites, but today translations of their Chinese counterparts failed to make it to Western bookshelves, says Ian Johnson, author of Sparks: China’s Underground Historians and their Battle for the Future. One of the reasons is the changed commercial business models of publishing houses, he says in an extensive interview in China Law & Policies.Read More →

Cashless payments have become mainstream in China, but cash is still valuable and the government supports cash payments, says financial expert Sara Hsu, an associate professor at the University of Tennessee, specializing in supply chain management in the Guardian. A “[recent] directive pushes China’s policy of inclusive finance further to ensure that both elderly Chinese and foreigners can participate in economic transactions,” says Hsu.Read More →

Tesla is losing its China market in the competition with its Chinese competitor. It might lose the rest of the world unless foreign protectionism saves the American car, says Shanghai-based business analyst Shaun Rein at CNBC. Nobody can beat China when it comes to price wars, he adds, and Chinese manufacturers will dominate the market in five to ten years, he adds.Read More →

Days are gone when Chinese consumers carried large plastic bags of cash to pay for houses, cars, international trips, and other big-ticket purchases. Credit cards are big among especially younger consumers, says Shanghai-based business analyst Shaun Rein at the WSJ.Read More →