The Chinese restaurant owner in Nairobi with a ´No Africans´ policy raised many questions, got arrested and focused the attention on the between one and two million Chinese in Africa. Author Howard French of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa explains in PRI some of their reasons.Read More →
The China-led Asia Infrastructure Investment Bank (AIIB) caused much controversy, even before it took off. Such a bank can improve the governance of projects, writes financial analyst Sara Hsu in the Diplomat, although there is no guarantee that will happen.Read More →
A slowdown of art sales in China is not only caused by the anti-graft campaign or the economic slowdown, but also by a growing sophistication of the art collectors, says China Rich List founder Rupert Hoogewerf in Barrons. They are not only going for big-ticket super-stars, but develop their own appreciation.Read More →
Yahoo has announced it will close its remaining Beijing R&D facility. A move that only makes sense, given the poor shape the former internet giant is in now, tells business analyst Shaun Rein in Livemint. 300 People are going to lose their jobs.Read More →
Chinese are becoming more adventurous in bed, told author Zhang Lijia Sunday at the Beijing Bookworm, with 71% having premarital sex (compared to 15% in 1989). Zhang Lijia prepares a novel “Lotus”, on prostitution in China, writes the Wall Street Journal. The Wall Street Journal: Only several decades ago, “Chinese womenRead More →
The Transpacific Partnership (TPP) in a proposed investment treaty covering both sides of the Pacific Ocean, including the US, but China is missing. Since the treaty covers 40% of the global GDP, China´s stance towards the TPP is key, writes financial analyst Sara Hsu in the Triple Crisis.Read More →
The consumption of the French Bordeaux might be dropping, the appetite for a Bordeaux chateau is still very much alive among China´s wealthy, says China Rich List founder Rupert Hoogewerf in the Wine Spectator. “It is seen as a safe investment.”Read More →
An opinion piece in the Wall Street Journal by David Shambaugh on March 7 claims the Communist Party is falling apart. Economist Arthur Kroeber explains in ChinaFile why he is wrong. The next episode in a longstanding “China-is-collapsing” tradition.Read More →
Finally the government takes pollution serious, long after its citizens noted the dangers, concludes journalist Ian Johnson in ChinaFile, after a smog documentary was taken off the internet. But censors acted after 100 million Chinese watched the much-praised movie, that sparked off an unprecedented debate.Read More →
Brazil depends to a large degree on China´s demand for its ore. But that dependence is dangerous, economist Arthur Kroeber told a conference in the country. Demand will be high for the next five years, but then drop sharply, and cause trouble if Brazil has not diversified its economy.Read More →
Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.Read More →
China´s lawmakers are preparing for their annual sessions of the advisory CPPCC and the National People´s Congress. Among them a large amount of influential business people. Political analyst Victor Shih explains the interaction between business and politics in China in the New York Times.Read More →