When the recent spat between Hong Kong and the central government on how the island state should elect its leaders has proven anything, it is that Hong Kong lost the importance it used to have, says economic analyst Arthur Kroeber in Gulf News.Read More →
Hong Kong´s political future, and how its leader is being elected, has caused major upheaval in the past month. Those political choices have a profound influence on the city´s economic future, warns financial analyst Sara Hsu in the Diplomat.Read More →
Lower barriers to capital accounts, make it easier to trade in China´s currency, the Renminbi. Offshore trading centers expand, at the country builds up it financial leverage. Financial analyst Sara Hsu has a look at the expanding RMB clearance banks in the Diplomat. After Hong Kong, London, Frankfurt and Seoul, Paris and Luxembourg followed.Read More →
While consumer confidence in China might be high in general, the so-called middle class – earning between 6,000 and 115,000 US dollar per year – are fairly pessimistic, explains business analyst Shaun Rein at CNBC. Mid-tier consumer brands are being hit, he predicts.Read More →
Japan is quietly trying to repair its relationship with China, as it is not longer sure in the cause of a conflict, it will be backed by the United States, writes the Japan Times. Author Howard French analyses how Japan deals with this new uncertainty in international relations.Read More →
Hong Kong retail is booming, as mainland shoppers in first-tier cities saw wages going up 12% in 2013, says business analyst Shaun Rein on CNBC. But consumer confidence is still weak, especially middle-class men who are fearing wage stagnation as investments drop.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 →
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 currency the Renminbi is not going to be a global reserve currency soon, and perhaps not in a very long time, writes political science professor Victor Shih (co-authored with Susan Shirk) in Foreign Policy. 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 →
The wine market in China is still dominated by crazy prices for crazy bottles, but Hurun founder Rupert Hoogewerf expects the madness will phase out, and China will become a mainstream wine drinking nation, he tells The Telegraph.Read More →
The rising anti-Chinese sentiment in Hong Kong hurts the feeling of its mainland visitors, but might hurt Hong Kong where it really hurts: in its retail sales, as the super-wealthy might choose other destinations, says business analyst Shaun Rein in CNBC.Read More →