China’s consumers are sitting on excess savings of 6 trillion yuan (US$874 billion), but business analyst Shaun Rein sees consumer confidence is pretty low, and they seem unwilling to spend their savings, he tells the South China Morning Post.Read More →

China lost 229 billionaires in the last year as a faltering economy, sliding stocks and a depreciating yuan hit the country’s super-rich harder than their peers in any other nation, according to a new list published by Hurun Report. Rupert Hoogewerf, chairman and chief researcher of Hurun Report, “Chinese entrepreneurs will actively look to expand abroad from this year as they have a global perspective,” says Hoogewerf, according to the South China Morning Post.Read More →

China calls itself a democracy, to the confusion of people living in democracies. China scholar Ian Johnson explains how China moves between democracy and dictatorship, and how both terms can be defined, in an explanatory video from the Council of Foreign relations.Read More →

In a next step in opening up after the Zero-Covid policies were canceled in December, China will resume issuing all visas to foreigners starting March 15, including tourists, for the first time in three years time, according to the news agency Reuters.Read More →

Women account for 70% of the purchases in China’s households, and marketing expert Ashley Dudarenok looks into the 2023 trends for the female consumer at China’s Women’s Day, for the Jing Daily. Most of China’s platforms dive deep into this important segment of consumers.Read More →

Tech investor William Bao Bean, managing director of Orbit startups, shares the major stories he learned from the tech revolution in China, at a Pakistan conference. “The government chooses to go out of the way of change,” he tells his audience. Why startups do not need to be squeezed between China and the US.Read More →