The US gained very little in its trade agreement with China, says trade veteran Harry Broadman on NBC News. The text on trade secret does not add any value, and the US firms and consumers pay the price for tariffs, he says.Read More →
The US is catching up to China, VC-veteran William Bao Bean jokes at AppsFlyer’s MAMA Minsk 2019 about the mobile payments in both countries. The US spends 50 billion US dollars per year on their mobiles, Chinese 12.5 trillion US dollar.Read More →
By trying to take on China alone on trade, the US failed to achieve real results in its first trade deal, says trade-veteran Harry Broadman to Bloomberg. China did not adhere to the multilateral trade deal it closed by joining the WTO, but Donald Trump failed to address the issues related to that.Read More →
William Bao Bean, partner at SOSV managing director at the Shanghai-based Chinaccelerator, discusses the investment climate in the US, China and Europe at the F50 Global Capital Summit 2019 Fall. He does not fear the Trump administration, he says, “governments cannot stop businesses even if they want to,” he adds.Read More →
China and the US might be signing a first trade deal, but that is just the start of prolonged negotiations, as even most tariffs will remain on the table, says financial analyst Sara Hsu in The Heat.Read More →
Shanghai-based VC William Bao Bean, general partner at SOSV, who is also the managing director of two SOSV accelerator programs—MOX and Chinaccelerator, explains how India is becoming the next bet for his startup accelerator after China, in an interview with Kr-Asia.Read More →
China internet giant Tencent has a gigantic investment portfolio, but has a rather hands-off approach when it comes to those investments. Tencent watcher Matthew Brennan explains at Technode how to look at that strategy.Read More →
China is profiling itself as a stabilizing actor on in world politics, after the US killing of Iranian Major General Qassem Soleimani, says political analyst Victor Shih at the South China Morning Post. However, China’s presentation of itself as respectful of the sovereignty of other nations does not square with numerous examples of China looking to use its economic sway to influence other nations’ diplomacy or politics, Shih said.Read More →
Multinationals knew they were up for a hard time in fighting local brands in China, but local brands all over Asia are becoming more successful, says business analyst Shaun Rein to Industry Week. Consumers are changing their preferences to local brands.Read More →
Getting customers in the China market was already expensive and the 2019 capital winter makes live for startups even harder, says William Bao Bean, managing director of the Shanghai-based SOSV. That might be bad news initially, but makes them more competitive in the longer run, he says according to Pymnts, quoting the Financial Times.Read More →
China and the US might be signing a first trade deal this month, economist Arthur Kroeber does not see much change. Uncoupling with economies is not possible, he argues, and the trade deal does not deal with the real problems, he tells in The New Yorker.Read More →
China tech expert Kaiser Kuo discusses why China tech rise is unsettling the US. He calls back two narratives that did not work out as expected: tech did not liberate us, and did not lead to more political freedom, but rather the opposite.Read More →