Eyebrows were raised when China’s food delivery service Ele.me last week announced it raised funds worth US$630 million, while in reality it was less than US$400 million. Startup expert William Bao Bean was not amazed. China´s startups are very competitive, and cheating on figures is part of that, he told VentureBeat.Read More →

If the big military parade in Beijing proved one thing, it is Xi Jinping is firmly in charge, writes defense analyst Wendell Minnick in Defense News. “Instead of party members, Russian President Vladimir Putin stood shoulder-to-shoulder with Xi.”Read More →

The recent downturn in the financial markets is not going to have too much impact on the booming scene of startups in China, says ChinaAccelerator managing director William Bao Bean in the Business Standard. Although the second half of 2015 would have been anyway tougher.Read More →

Dust might have settled down on the recent surprise devaluation of the Yuan by the time President Xi Jinping will meet his counterpart in the US, says financial analyst Arthur Kroeber in Bloomberg. Relations with the IMF have been defining the moment for this long-expected move.Read More →

Since Chinese government agencies have started to remove crosses from churches – officially for security reasons – the resistance, and government backlash, has been growing. Focus is in Zhejiang province. Journalist Ian Johnson toured experts and made an update for the New York Times.Read More →

Author Howard French, of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa explains in Foreign Policy what President Obama did not mention in his Nairobi speech. Obama did not really get the fast development of Africa, and has ignored the continent.Read More →