Famous economist Nouriel Roubini took a fast train from Shanghai to Hangzhou and saw it was almost empty. Shaun Rein explains him in Forbes why one train ride is not enough to predict a bubble in China that will pop in 2013. Read More →
China’s billionaires and millionaires are a much-wanted market for the travel industry. But those rich have very distinct travel habits, discloses a new Hurun report, its founder Rupert Hoogewerf tells the China Daily. Key words: youth, self-reliance and brand loyalty.Read More →
Federal Reserve chief Ben Bernanke is not worried about inflation in America, writes Shaun Rein in CNBC, but he should be worried when China sends its high costs to the US.Read More →
Five hundred mainland Chinese per day can visit Taiwan from July 1 as tourist, but defense expert Wendell Minnick tells Asia Sentinel he does not expect an increase in spying activities. Much of the real spying is done with other means.Read More →
China’s PLA is about 20 years behind the US military, Defense minister general Liang Guanglie told the Shangri-la Dialogue last Monday, writes Wendell Minnick in Defense News. It was the first time ever a high-ranking delegation of the People’s Liberation Army joined the annual conference.Read More →
Luxury bag producer Louis Vuitton has scored a major deal by cooperating with the Beijing National Museum, says retail analyst Shaun Rein in News Channel Asia. Linking to its own historical roots works very well in China.Read More →
North Korea is likely to launch a third nuclear test, based on highly enriched uranium (HEU), writes Wendell Minnick in the Defense News, based on a book by Jonathan Pollack. China nor the US can stop the country’s nuclear program.Read More →
China’s efforts to cool the economy make it harder for the country’s millionaires and billionaires to spend their capital, writes Shaun Rein in CNBC. So, what do they do when they can only buy one house? They buy a really huge one.Read More →
Foreign journalists visiting the headquarters of Baidu in Beijing, China’s largest search engine, might be up for a surprise, as they are met by rock musician Kaiser Kuo, also spokesperson of Google’s competitor. Here is a part of the report by Jordan Pouille in Metro.Read More →
The Chinese government should be revaluate its currency on one time to stop the price rises in the country, Shaun Rein explains in CNCB. In the past he argued against a too fast increase of the value of the renminbi, since that would hurt the export and the manufacturers. Now, to prevent social unrest, stiff action would be needed to stem inflation.Read More →
We expect China will be firmly on the political agenda in the US again as the upcoming election for the new president of the US get under steam. At the China Speakers Bureau we are going to focus on that debate and we have created a special category: #elections2012 to collect all stories and contributions of our speakers.Read More →
US businesses working in China are reluctant to criticizes Chinese government departments, like they would do in the US, and for good reason tells professor Victor Shih in The International Business Times. The chance of getting into trouble is always present.Read More →