Latest Posts
Why movies in China are doing suprisingly well – Ben Cavender
Consumer spending in China might be in the doldrums, but a remarkable exception is the movie industry, says business analyst Ben Cavender in the Wall Street Journal. Visiting film theaters has become an affordable time out for friends and families of more tight-fisted consumers, he says. The planned expansion of the number of theaters to 5,000 per year shows the industry’s optimism. Also: domestic movies are doing better than the previously popular foreign competitors.Read More →
How AI will move the metaverse forward – Alvin Wang Graylin
Innovations expert Alvin Wang Graylin, global VP of HTC and co-author of Our Next Reality: Preparing for the AI-powered Metaverse explains at the AI Shift podcast how AI is going to push the metaverse forward.Read More →
Consumer spending down under economic pressure – Ashley Dudarenok
China’s consumers spend less on luxury products, especially foreign brands, says marketing expert Ashley Dudarenok at the state-owned China Daily. Only domestic luxury brands are partly escaping that downward trend, she says.Read More →
No structural reform expected for China – Arthur Kroeber
Despite the hope of the international financial community, China is not heading for structural reforms, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to CNBC. Pushing up demand is not high on the agenda for China’s leadership, he says, and they do not want to push up debts levels to new heights.Read More →
New energy industry: key for urban development – Rupert Hoogewerf
China’s new energy industry is key in creating wealth, says Rupert Hoogewerf at the Hurun website, reporting on the the Global Unicorn Index 2024. “In the latest Hurun China Top 500, new energy has risen to fifth place, with 36 companies making the cut. This was significantly up on just five years ago, when there were a mere 14 new energy companies, making the industry not even a Top 10,” says Rupert Hoogewerf.Read More →
China’s financial measures focus on stability, not on pushing consumption- Arthur Kroeber
Leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, says most economists are wrong in suggesting China wants to push consumer demand. Fixing stability is key, he says according to MSN.Read More →
Why the mini-bazooka is not enough to restore confidence in China’s economy – Shaun Rein
Business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, explains why China’s mini-bazooka will not help its economy in the long run. People need a serious fiscal stimulus, so they are confident about the economy again, he argues in a talk with David Lin. “People have to feel safe again before they are going to spend the money they made again,” he adds.Read More →
How AI helps e-commerce in transforming challenges into opportunities – Sharon Gai
E-commerce expert Sharon Gai explains how AI is helping her industry transform challenges into opportunities, speaking at Mike Allton’s podcast on strategic marketing with AI. Gai has extensive experience in China and uses her insights to help e-commerce stay competitive in a fast-changing industry.Read More →
Stock market rally might continue for next 2, 3 weeks – Shaun Rein
Financial analyst Shaun Rein expects the stock markets to rally for another two to three weeks, as Chinese investors return from their holidays and try to gain on the A-shares bump, he tells CNBC. The economy is still a mess, and export is having some problems, but in the short term stock markets will do fine, he says.Read More →
Black dog, review – Zhang Lijia
Journalist Zhang Lijia, author of “Socialism Is Great!”: A Worker’s Memoir of the New China, is thoroughly impressed by the movie Black Dog, which won an award at Cannes. In her review, she writes, “This Cannes Un Certain Regard winner stands as a richly deserved accolade—a poignant narrative beautifully told. “Read More →
Stimulus has no effect on economy until key problems are tackled – Shaun Rein
Some e-commerce firms in China have profited from a rally of their stocks, triggered off by a major financial stimulus, but that might not help the economy to really improve, says financial analyst Shaun Rein at CNBC. It’s a rally of exuberance, he adds, and might only triple down into the economy in six to nine months. The real problem is for example companies cannot fire their staff very easily, and make their lives hard, hoping they will leave by themselves, he says.Read More →
Why I wrote this book on AI Powered Metaverse – Alvin Wang Graylin
AI expert Alvin Wang Graylin, working at HTC, explains why he co-authored his recent book on the AI Powered Metaverse Our Next Reality: Preparing for the AI-powered Metaverse, in a discussion in the AI Shift Podcast.Read More →