Low wages in the world’s factory floor China have been for decades a deflationary force in the global economy. But as labor costs rise in China, developed countries can no longer count on getting cheap products, tells business analyst Shaun Rein in Global Sources. “China will focus on high value-added products.Read More →
Asia has most US dollar billionaires, followed by North America and Europe on the second and third place, according to the Hurun China rich list, published by its founder Rupert Hoogewerf, according to the Australian.Read More →
Chinese brands are slowly going global, forced by a relative slowdown in their own country. But any progress is going to be a long-term one, warns business analyst Shaun Rein at the BBC. But they will enter the life of European and US consumers.Read More →
China’s millionaires are getting ready to send their kid to boarding school abroad, Hurun Rich list founder Rupert Hoogewerf told an audience of Swiss business people and government official at the pre-launch of his school guide “The Best of Swiss Education” at the Beau Rivage Palace in Lausanne, Switzerland on Tuesday 29 January.Read More →
The UK might be lagging when it comes to attracting average Chinese tourists, the country is certainly successful in attracting the wealthy section of the Chinese. Key driver were the Olympics, estimates Hurun rich list founder Rupert Hoogewerf in the Telegraph.Read More →
Are you still planning to buy overpriced military JSF fighters and other equipment in the US? Perhaps you should have a look first in China, writes Military analyst Wendell Minnick, who attended the Zhuhai ninth biennial Airshow China, in Defense News.Read More →
China’s government is trying to change its economy from export and investment oriented into a consumer nirvana. Unfortunately, writes retail analyst Paul French in Channel4, corruption and inflation hinder that policy greatly. What will the upcoming CCP-congress bring?Read More →
China’s luxury goods market might still be going strong, despite a dip in the country’s growth. But previously popular brands like Burberry are losing traction, tells retail analyst Paul French in the Huffington Post. But there is still hope.Read More →
Despite softening growth figures, China’s economy will see a soft landing, tells business analyst Shaun Rein the BBC. That is, unless the Eurozone collapses, then the country will face serious trouble.Read More →
As a first sign Europe might be turning away from its weapon embargo against Taiwan by deploying three Eurocopter EC225 helicopters, sending a message to Washington, writes defense analyst Wendell Minnick in Defense News.Read More →
France is the top destination of luxury traveler, followed by the US and Australia. The Maldives, Switzerland and Dubai are the fastest growing, tells Rupert Hoogewerf, founder of the rich list in the Shanghai Daily.Read More →
Former colonial powers have been anxiously watching how China has been entering Africa. While it is too early to give a final verdict, former foreign correspondent in Africa and China Howard French sees more positive than negative effects, he tells in AllAfrica.Read More →