With large companies like Alibaba and Baidu entering the financial industry, P2P lending has become a major issue in China, as common bank loans are hard to get. But there are huge risks involved, writes financial analyst Sara Hsu in The Diplomat, as the new ventures lack essential transparency.Read More →
E-commerce is booming with expected annual growth of 50%, tells business analyst Shaun Rein at BloombergTV. Costs for brick-and-mortar stores are high, labor costs are booming, so much business is going online. Without big US players like Amazon and Ebay though.Read More →
Retail analyst Shaun Rein expects e-commerce in China to grow 50% year-on-year, giving its leader Alibaba a gigantic headwind, now the industry has won the confidence of the consumers, he tells Bloomberg TV. And pollution forces buyers out of the shopping malls to Alibaba.Read More →
Innovation is no stranger in China, as CEO’s of Baidu, Tencent, Haier, Alibaba and Huawei show. But it is only a handful, argues IMD professor and leading author on innovation Bill Fischer in the Harvard Business Review. There is not a innovative culture, although Haier offers hope.Read More →
Single’s Day has become a huge commercial success, and retail analyst Shaun Rein explains why luxury sales will boom thanks to e-commerce: for many Chinese the luxury stores are just too far away, he tells in CNBC.Read More →
Single’s Day in China, on 11 November, has become a major discounting e-commerce event, passing even America’s Cyber Monday in size. Retail analyst Shaun Rein explains why the Single’s Day makes Chinese youth happy at CNBC.Read More →
More than half of the world’s richest female entrepreneurs come from China, says the latest annual Hurun Rich List, according to the China Daily. A proof for China’s good business climate, says Hurun founder Rupert Hoogewerf.Read More →
China’s government has picked Google’s Android for its dominant position, because the government simple does not trust Google, tells business analyst +Shaun Rein to Bloomberg. But Android has not real local competition for the next two, three years, and China’s consumers just want the best, he addsRead More →
Almost half of China’s top-1000 wealthy saw their resources decline, according to the 14th annual Hurun Report, published today. The total number of billionaires dropped and 37 even lost more than half of their wealth, says Hurun founder Rupert Hoogewerf. Read More →
Economists differ very much on the future of China’s short term economic direction, upwards or downwards. But in every case, e-commerce giant Alibaba is going to be a winner, predicts consumer analyst Ben Cavender in Bloomberg.Read More →
Sharon Gai is the former Head of Global Key Accounts at Alibaba and General Manager at a billion-dollar e-commerce unicorn. Sharon Gai travels from San Franciso, USA Sharon Gai is a China-born Canadian who is an expert in e-commerce, digital transformation, and AI. She is the former Head of GlobalRead More →
Ashley is a China marketing expert with 12 years of professional experience in China. Ashley is fluent in Mandarin, Russian, German and English. She travels from Hong Kong.Read More →