China needs to shift its economy from state investments to domestic consumption to survive. But can China withdraw that kind of power from state institutions, wonders political and financial analyst Victor Shih in the Financial Times.Read More →
Cheap labor has made the country into a source of deflation for global consumers, but as Chinese wages go up, consumers in Wall-Mart and elsewhere better prepare for higher prices, tells the author of The End of Cheap China Shaun Rein an in interview with the BBC radio.Read More →
Why the Chinese will not become like the Americans, explains China advertising expert Tom Doctoroff in his latest book “What Chinese Want: Culture, Communism and China’s Modern Consumer”. The Atlantic summerizes one of his key viewpoints.Read More →
Young billionaires worldwide tend to inherit their capital, but not in China. In China very few of the rich inherit their wealth, tells Rupert Hoogewerf of Hurun of the China Rich List in the Shanghai Daily.Read More →
During her last-week speech at TedxMongkok in Hong Kong author Zhang Lijia described the differences in personal freedom from the time she worked in the rocket-factory in Nanjing and how in Beijing. A growing freedom in a cage, summarized on her weblog.Read More →
Every successful author needs to have his next book ready before the previous book is out. Celebrity author Paul French of Midnight in Peking has two in the making, while he is touring to promote his latest book, he tells The Scotsman. Read More →
Former colonial powers have been anxiously watching how China has been entering Africa. While it is too early to give a final verdict, former foreign correspondent in Africa and China Howard French sees more positive than negative effects, he tells in AllAfrica.Read More →
The famous author Zhang Lijia discussed earlier this week in the New York Times the prospect – of better the lack thereof – of political reform in China. In Google+ Hangout-on-air we will discuss early next week why she does not think the upcoming leadership is ready for that task.Read More →
Not a dropping growth is China’s problem, as some economists predict, but income equality is hurting and might offer one of the country’s real challenges, argues economist Arthur Kroeber in Foreign Policy. Read More →
Wanda’s purchase of AMC Theathers raised more than a few eyebrows in the US? Is China buying a backdoor to execute its soft power? Business analyst and author Shaun Rein explains in Foreign Policy what is behind this and other high-profile corporate purchase by Chinese companies.Read More →
Ruling Prime Minister Wen Jiabao warned a few months ago the country needs real political reforms to avoid another Cultural Revolution. Is China’s upcoming leadership ready for that tasks? Author and celebrity Zhang Lijia writes in the New York Times she has her doubts.Read More →
We noted already in April the storm of news coming over us, May has not been different. The fall out of the Bo Xilai case, a anti-foreigner drive in Beijing, bringing CCTV anchor Yang Rui in the limelight. And two of our speakers, Shaun Rein and Tom Doctoroff are in the middle of the promotion campaign of what promises to be two bestsellers on China.Read More →