China´s first tier cities seem to be getting out of breath, while second and third-tier cities blossom. Business analyst Shaun Rein has been predicting the shift already for a long time, he tells the South China Morning Post. The rising prosperity of lower-tier cities may boost tourism to cheaper destinations like the Philippines and Thailand, he adds.Read More →
Chairman Jack Ma of Alibaba promised US president-elect Donald Trump a million US jobs, but what he might get, says retail analyst Ben Cavender at CNN, are very, very few real jobs. “I don’t see a lot of job creation happening.”Read More →
If the presidency of China over the G20 in Hangzhou has showed anything, it is that a more self-confident nation needs the rest of the world not as much as in the recent past, says political analyst Arthur Kroeber to LA Times. “The U.S. has less leverage to get things it wants.”Read More →
Foreign companies and their business organizations used the G20 meeting in Hangzhou as an opportunity to point at the restrictions they face when they want to invest in China, while outbound investments from China go through the roof. You only have to look at the basic figures to see they are right, says author Arthur Kroeber of China’s Economy: What Everyone Needs to Know® to the South China Morning Post.Read More →
Officially gender discrimination is banned, but until recently that law was not enforced. That is changing now women take the offenders to court, and get their legal rights, writes author Zhang Lijia on her weblog. She discusses the cases of Huang Rong and Cao Ju.Read More →
After Alibaba´s IPO, its founder Jack Ma now tops China´s Hurun rich list, says Hurun founder Rupert Hoogewerf to the BBC. “The entrepreneurial spirit that has caught China seems not to be abating”. Jack Ma has now a fortune of US$25 million.Read More →
Alibaba´s IPO might have made a lot of people and banks more wealthy, especially Hangzhou – the birthplace of the eCommerce giant – will benefit. Rupert Hoogewerf, founder of the Hurun rich list, expects more expensive sport cars in the Hangzhou streets, he tells in USA Today.Read More →
Single’s Day in China, on 11 November, has become a major discounting e-commerce event, passing even America’s Cyber Monday in size. Retail analyst Shaun Rein explains why the Single’s Day makes Chinese youth happy at CNBC.Read More →
China’s rich saw much of their capital shrink over the past year, the 14th Hurun rich list disclosed yesterday. But looking at the past decade, wealth still has boomed tremendously, adds Hurun founder Rupert Hoogewerf in Reuters.Read More →
Sharon Gai is the former Head of Global Key Accounts at Alibaba and General Manager at a billion-dollar e-commerce unicorn. Sharon Gai travels from San Franciso, USA Sharon Gai is a China-born Canadian who is an expert in e-commerce, digital transformation, and AI. She is the former Head of GlobalRead More →