China and Russia are negotiating about the purchase of Russian bombers Tupolev Tu-22M3 Backfire long-range strategic bombers and Sukhoi Su-34 fighter-bombers. Very much is unclear about China’s requirements, but defense analyst Wendell Minnick has some backgrounds on what China is going, he writes in Defense News.Read More →
Chinese brands are slowly going global, forced by a relative slowdown in their own country. But any progress is going to be a long-term one, warns business analyst Shaun Rein at the BBC. But they will enter the life of European and US consumers.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 →
Despite bad memories on the first deal with the Sukhoi Su-27/J-11A fighter, Russia seems to move forward in negotiations on a second fighter deal with China, writes defense specialist Wendell Minnick in Defense News. Reason: geopolitical considerations, rather than business sense.Read More →
Economic and political reforms have to go hand in hand, economist Arthur Kroeber argued at a forum on the new leadership in China, organized by the state-run Global Times on Tuesday. In a summary by the Global Times.Read More →
Consumer demographics, and especially the position of the middle class, boils out in China very different, cause problems for brands focusing on that middle class, tells business analyst Shaun Rein in OpenMarkts, in an interview ticking off different parts of his book “The End of Cheap China.”Read More →
Against international agreements Taiwan is developing 1,200 km surface-to-surface missiles, writes defense analyst Wendell Minnick in Defense News. Southern and Central China, including Shanghai, are within reach, and the development will add to the regional tensions.Read More →
Smart Beijing sat down with “Baidu International Communications Director/Sinica podcast co-founder/pioneering Beijing longhair” Kaiser Kuo, and asked him about life and music in China’s capital Beijing. About Cui Jian, the Black Panther and much more.Read More →
The decision to close down German retailer Media Markt in China shows – yet again – a profound lack of understanding on how the market in China works, tells business analyst Ben Cavender in the China Daily.Read More →
Money does not make happy, says the saying. China’s rich are now discovering that truth as the latest Hurun report indicates a dropping happiness among China’s rich. Insecurity is on the rise, tells Hurun founder Rupert Hoogewerf in CNN.Read More →
The UK might be lagging when it comes to attracting average Chinese tourists, the country is certainly successful in attracting the wealthy section of the Chinese. Key driver were the Olympics, estimates Hurun rich list founder Rupert Hoogewerf in the Telegraph.Read More →
Chinese consumers expect foreign brands to be safer and better than domestic ones. But when that confidence is hurt, like happened after a government investigating into the poultry supply of KFC, damage can be huge, explains business analyst Shaun Rein in Bloomberg.Read More →