The 2024 China company list for non-state companies has seen a large number of newcomers and a drop in traditional companies, says Rupert Hoogewerf, chairman and chief researcher of the Hurun Research Institute, at the China Daily. Companies on industrial products, semiconductors, and software services went up, while medical devices and consumer goods went down.Read More →

Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher, presented on Wednesday in Beijing “the Hurun Future Unicorns – Global Gazelles Index 2024, a list of the world’s start-ups founded in the 2000s but not yet listed on a public exchange and most likely to ”go unicorn”,(meaning hitting a valuation of US$1bln) within three years,” writes the ECNS. Read More →

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.Read More →

Now China suddenly started to retract its zero-Covid strategy, strategic analyst Ian Johnson looks back at how the country got itself into this unprecedented mess at the Prospect. The economic slowdown and high unemployment “are all underlying issues that actually make the government’s challenge greater than first appears,” says Ian Johnson.Read More →

Guangzhou added in the first six months of 2022 nine new global unicorns, a privately held startup company valued at over US$1 billion – taking its total to 19, according to a new list from the Hurun List, writes the China Daily. “These unicorns are leading a new generation of disruptive technology,” says Rupert Hoogewerf, chief researcher of the Hurun Report.Read More →