Unlike their counterparts in the rest of the world, China’s youngsters are fiercely saving their money, says business analyst Shaun Rein at CNBC. “Unlike youths in the 2010s who often spent more than they earned and borrowed money to buy fancy items like Gucci handbags and Apple iPhone, young Chinese have started saving more,” he told CNBC. Read More →
China veteran Ian Johnson, author of Sparks: China’s Underground Historians and their Battle for the Future (September 2023), and fellow at the Wissenschaftskolleg zu Berlin describes how a generation of underground historians passed on their stories while staying under the radar.Read More →
China veteran Ian Johnson, author of China’s Underground Historians and their Battle for the Future (September 2023), announces he will leave as senior fellow at the Council of Foreign Relations and move from New York to Berlin. He will work as a fellow at the Wissenschaftskolleg zu Berlin and work from Berlin starting on July 1, 2024, writing a new book on the misuses of religion in Xi’s China in the summer of 2024.Read More →
What happened to former foreign minister Qin Gang one year ago is still unclear. After a stellar career, the sudden disappearance of Qin triggered a slew of rumors, including an extramarital affair with a British spy, an affair with Xi Jinping’s daughter, and more speculations. Political analyst Victor Shih tells Politico that China’s leadership is still unsure of how to handle this case.Read More →
China veteran Kaiser Kuo of the Sinica Podcast moderates a discussion on how the US-China tension have an profound impact on the war in the Ukraine and the position of Taiwan at the Ukrainian platform for Contemporary China.Read More →
In numbers, the Chinese tourists might be reaching this year pre-pandemic levels, but their destinations will be more domestic and cheaper, says marketing expert Ashley Dudarenok at CNBC. She expects recovery in Chinese traveling internationally to take longer, partly as “the feeling that the rest of the world is mad and unsafe is even higher than in 2023.”Read More →
Business analyst Shaun Rein discusses the current state of China’s economy, how consumer confidence is slowly recovering, and why the fear of geopolitical tensions stops them from spending more in the economy. Why investors should be careful in investing right now into the second economy.Read More →
AI and XR Metaverse expert Alvin Wang Graylin of HTC explains in an interview with Ashley Dudarenok how fast development will cause a new industrial revolution that will bring us to the next level of development. He co-authored Our Next Reality: Preparing for the AI-powered Metaverse, Read More →
Tesla is losing its China market in the competition with its Chinese competitor. It might lose the rest of the world unless foreign protectionism saves the American car, says Shanghai-based business analyst Shaun Rein at CNBC. Nobody can beat China when it comes to price wars, he adds, and Chinese manufacturers will dominate the market in five to ten years, he adds.Read More →
After a lackluster start of 2024, consumer expert Ben Cavender sees a modest improvement in consumer sentiment in China, he tells Reuters. He said some companies were thinking about how to grow their business in China again after years of holding off on investing, which was helping sentiment to improve.Read More →
The USA is dealing with huge problems and cannot afford to challenge China directly, but decided to stabilize the relations between both countries, says Shanghai-based business analyst Shaun Rein to CNBC-TV18. But the USA is for sure keeping economic pressure going, he adds.Read More →
Bestseller author Shaun Rein’s post-pandemic book on US-China relations, “The Split: How US-China Conflict is Changing China’s Economy and Consumer Behaviour” is ready for pre-order and will appear in early September 2024.Read More →