China’s president Xi Jinping has painted himself into a corner, summarizes the famous economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, the economic dilemma China finds itself in, according to NPR. “He cannot back down from his China Model.”Read More →
In Southern Beijing, China is building the prestigious Beijing Daxing International Airport, due to open next September and serving up to 72 million passengers annually by 2025. But it is not only glamor being constructed, writes Beijing-based author Ian Johnson for the New York Times. If the military would not tightly control the Chinese airspace, the airport would not be needed to start with.Read More →
The number of wealthy families on Greater China has grown in 2017, but growth is dropping and might even be lower in 2018 caused by the trade war and declining economic growth, says Rupert Hoogewerf, chairman of the Hurun China Rich List according to Barrons in a new report released this week.Read More →
Chinese-American rockstar Kaiser Kuo used to be frontman of the Beijing heavy metal band Tang Dynasty. For Sixth Tone he explains how Chinese culture can make a difference in music. “Drawing on Chinese culture can help bands stand out from the rest,” he says.Read More →
Journalist Ian Johnson, author of the bestseller The Souls of China: The Return of Religion After Mao, will join a PdD program with Philip Clart at the Leipzig University with a study on urban religion and civil society in China.Read More →
China’s luxury travelers are high on the agenda of the tourism industry, and Rupert Hoogewerf, publisher of the Hurun China Rich List, sees a few major trends. Family trips are emerging as a preference, and WeChat groups of alumni of key universities a forgotten way to connect to the luxury travelers, he tells in the South China Morning Post.Read More →
Americans find it hard to get China is ahead of them in terms of technology and innovation. Chinese American Kaiser Kuo sits down with Steve Sjuggerund of the Daily Wealth to discuss his observations after he spent two decades in China, partly as communication director for internet giant Baidu.Read More →
Renowned investor Jim Rogers sold his US stocks and changed them for Chinese equities, he told at Yicai Global. For him, the Belt and Road initiative fits into his optimistic view on China’ economy, he adds.Read More →
China is not going to bend over for Donald Trump, they have nobody to answer to but themselves, says Asia investor Jim Rogers. “This trade war is insane to start with,” he adds.Read More →
The trade war between the US and China has up to now mainly hit headlines, nervous traders and heated political debates, but there is no doubt consumers will feel the burnt too, says financial analyst Sara Hsu to Reuters. Moving away from China is mostly not an option, she says. “It can take up to five years to move from China to another country.”Read More →
China’s central government and the Vatican closed a deal on appointments of Catholic bishops in China, causing debate among the already divided Catholics in the country, writes journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao at the New York Times. The way the Communist-ruled state church might integrate with the Roman Catholic church might not please all Catholics, he writes.Read More →
China is running out of steam in putting tariffs in US imports, but certainly not running out of options to fight the ongoing trade war, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, to the South China Morning Post.Read More →