Investor William Bao Bean, Managing Director of Orbit startups, explains how he helped artists make money from their music at All That Matters 2023, introducing three successful investments from his portefeuille. Explaining the fast-changing models to generate money, using for example Tiktok/Douyin, and many more new tech models.
Business analyst Shaun Rein is interviewed by marketing guru Ashley Dudarenok on the most recent developments, as consumer confidence in China is slowly recovering at the end of 2023. But because of the ongoing trouble with the US, and because US firms fear more counterproductive measures by US President Biden, there are still many bears on the road to economic recovery. China focuses more on domestic companies, as US companies retreat, and the global south turns decisively to China for support, he says.
The equity market is shunning China, and especially Hong Kong, says business analyst Shaun Rein to the Schwab Network. But it is for the wrong reasons, as the economy is still bad, but slowly recovering, he says. Retail sales are going up, employment is improving and FDI is coming back in 2024, so reasons are enough to take those positive signs into account.
Single’s Day (11/11) used to be the heyday for China’s consumerism, but this year the consumers went for the cheap stuff, says business analyst Shaun Rein at CNBC. Low consumer confidence forced the e-commerce platforms for the whole year to discount products, but Single’s Day was the cheapest event ever for consumers. Alibaba is losing its shine to newer platforms, he adds.
In an in-depth account of his book Sparks: China’s Underground Historians and their Battle for the Future, author Ian Johnson explains how China’s rulers have been changing the country’s history to solidify their position. He quotes extensively the current generation of so-called underground historians, who use new technologies to reinstate their views on their history, for a talk at USC China Institute.
President Xi Jinping has touched down in the US for talks with US President Joe Biden in an effort to get the relations on track between both countries. China’s economy needs US investments, says Shanghai-based business analyst Shaun Rein at CNBC, but US firms fear Biden might announce more restrictions on trade with China. While the economy is doing bad, China is still the world’s largest retail market and the US cannot afford to stay away, he adds.
History called the communist party to save China, that is the way history is used by the party, says author Ian Johnson in a speech about his newly published book Sparks: China’s Underground Historians and their Battle for the Future in WorldOregon. But the official history doesn’t remain unchallenged. “Ian Johnson explores how some of China’s best-known writers, filmmakers, and artists have overcome crackdowns and censorship to forge a nationwide movement that challenges the Communist Party on its most hallowed ground: its control of history,” says the website.
China’s economy looks better for 2024, says business analyst Shaun Rein, as multinationals are moving back their investments to China away from other destinations. Both consumer confidence and real estate are still in bad shape, but sentiments are moving in the right direction, he says at CNBC, despite the geopolitical tensions with the US.
Author Ian Johnson recently published Sparks: China’s Underground Historians and their Battle for the Future, and discusses the dominance of women as underground historians with Jeffrey Wasserstrom at the Los Angeles World Affairs Council. Women are relative outsiders in China’s power structures which puts them in a good position to document the country’s history, he says.
Foreigners have left China in large numbers, but the most important reasons were other than COVID-19, argues intercultural coach and consultant Gabor Holch in his video. Already before the coronacrisis, the exodus was taking place because economic growth was dropping, career opportunities for expats were diminishing and the expat community was already severely hit before the lockdowns, he argues.