The successful IPO of Pinduoduo,  the third e-commerce platform in China after Alibaba and JD.com, took many by surprise. But it does not mean Pinduoduo will be equally successful in the future, warns business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, at the South China Morning Post. Just days later, it was accused of hosting counterfeit goods.Read More →

Figuring out who might be hurt by the trade war between China and the US is still be tough, but tech companies like Alibaba and Tencent see their US ties as a liability, says financial expert Sara Hsu to Cheddar. “The trade spat between Washington and Beijing has not only quelled investors’ appetites, it has also discouraged Chinese tech giants from expanding internationally.”Read More →

Many successful Chinese companies listed in the US, rather than in China, because of the stringent regulations in their own country. Now going IPO in China is at least becoming easier, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to Harbour Times. And some Chinese companies might come back from the US.Read More →

Spinoffs are typically business transactions where the total of all entities increase their value by splitting up their existing business. But not so for Chinese companies, listed in the US, argues Beida accounting professor Paul Gillis. Not the shareholders or the company gains, but mostly management, he explains at his weblog.Read More →

The efforts by the Public Company Accounting Oversight Board (PCAOB)  to get access to Chinese data from US-listed Chinese firms went into a new phase as it banned a Hong Kong accounting firm, reports Beida accounting professor Paul Gillis on his weblog. It could be a new item on Trump’s China agenda, he suggests.Read More →

China has lifted hundreds of millions out of poverty and president Xi Jinping vowed to give the last millions of poor also a better life. Economics professor Sara Hsu of the State University of New York explains in CCTV what the country’s receipt for poverty relief has been.Read More →

Beida accounting professor Paul Gillis points at his weblog at the rumor Goldman Sachs has decided to suspend work on a HNA subsidiary IPO in the US, because they are unable to get enough information on this Chinese conglomerate. Gillis wonders what auditor PwC knows about their client.Read More →

Despite the election of Donald Trump, increased immigration barriers to the US and increased animosity between China and the US, the US is still the top destination for rich Chinese leaving their country, says China Rich List researcher Rupert Hoogewerf. Although the number of rich leaving their country is dropping, he tells the South China Morning Post.Read More →

Tom Doctoroff has been appointed as senior partner at Prophet, a global brand and marketing consultancy, the company announced.

Previously he was for more than two decades working for JWT in China, lastly as its APAC CEO.Read More →

Trump properties might have gotten some extra glamour after their name-giver became president of the United States. But China’s rich have historically shown very little interest in the Trump assets, says Rupert Hoogewerf, chief researcher of the Hurun China Rich List, and it is unlikely going to change, he tells the New York Post.Read More →