Most attention has gone to the chances of the financial industry at the new Shanghai Free Trade Zone, but while those opportunities might occur in the long term, niche markets like gaming companies can already win today, argues lawyer Mark Schaub, Partner at King&Wood and Mallesons, in a legal note. Read More →
China´s leading search engine Baidu launched just before Chinese New Year a heatmap, showing how the millions of Chinese make their way home and back. Director international communication Kaiser Kuo show some of the findings and patterns Baidu discovered to the Wall Street Journal.Read More →
Seamless transfer between video devices is key for the industry and its players, says Baidu´s director communications Kaiser Kuo. China´s second search engine Baidu offers this already for search, but the development will continue, he tells in Knowledge CKGSB. Read More →
A narrow escape from default of the USD495 million of the trust fund, organized by the ICBC for the Shanxi Zhenfu Energy Group in the last week of January, is not the end of the troubles for other trust funds, writes shadow banking expert Sara Hsu in The Diplomat. “A liquidity crisis might expose more problems.”Read More →
Among the Chinese companies becoming fast household names among global players, Haier was one of the first to enter the word arena. Haier´s CEO Zhang Ruimin has put his bets early on quality, explains IMD professor Bill Fischer in The Corner, and that explains why he is winning now.Read More →
Famous brands are losing their star status in China, as preferences of consumers shift, tells retail analyst Shaun Rein at Adage, in its 2014 of changing consumer trends in China.Read More →
January 31 is going to be a major test for the shadow banking in China, as a 3 billion RMB fund matures, without support of the larger banks. One of the main victims could be China´s SME, who had to turn to shadow banking as officials refused them funding, writes financial specialist Sara Hsu in the South China Morning Post.Read More →
Real estate giant Wanda is expanding its upscale hotel chain, both domestically as international. Wanda Hotel and Resorts wants to be a top-player in their industry, tells China Rich List founder Rupert Hoogewerf in CRIEnglish.Read More →
The consolidation of president Xi Jinping´s power is going to be the news story of 2014, says Kaiser Kuo, director international relations at Baidu in PRI. Kuo has a rather positive view on 2014, despite recent rise in international tensions.Read More →
Apple got after five years negotiating its deal with China Mobile, the world´s largest mobile telecom provider. But according to business analyst Shaun Rein it is very unlikely many of the 759 million China Mobile subscribers will fall for Apple´s 4G phones. The top-end users have already signed up subscriptions with for example Samsung, and 80% of the users use 2G and won´t switch easy to 4G.Read More →
Apple got after two years of negotiations its deal with the world’s largest telecom company China Mobile. But the 500 million customers of China Mobile might not all queue up for a 4G deal with Apple, tells business analyst Shaun Rein at Bloomberg. And recent reform plans might not spell well for China Mobile either.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 →