The US and Europe might be bracing for another global crisis, but the wealth of China rich increases undeterred, noted Hurun’ founder Rupert Hoogewerf of China’s rich list in an interview with Xinhua on Thursday. They booked another record year of growth.Read More →

Taiwan might shift its preference to the F-35 Joint Strike Fighter (JFK) after the US declined to sell F-16’s to the island, to safeguard its relationship with China, defense specialist Wendell Minnick writes in Defense News, quoting deputy Defense minister Andrew Yang.Read More →

Drooling foreign publishers are trying to enter the Chinese market, like recently on the International Book Fair in Beijing. But author Zhang Lijia warns on her weblog for too high expectation, as the already limited number of books per Chinese is even dropping.Read More →

Professor Bill Fischer of IMD in Lausanne discusses how the digital cowboys of today are changing corporate landscape and how a failed leadership at larger companies have to deal with this impatient generation. “They do not accept premature mediocracy anymore.”Read More →

While the US administration is falling short of calling China a “currency manipulator”, US fear for the Chinese currency still prevail. In Foreign Policy economic analyst Arthur Kroeber argues why its financial authorities do not trust the markets to set its rates.Read More →