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Tencent’s shares moved like a roller coaster, but that reflects more the short-term sentiments of investors than changes in the company’s prospects, says Tencent watcher Matthew Brennan to Global Times.Read More →
Traditionally China’s youngsters wanted a job with the government, but Alibaba’s Jack Ma changed that perspective and starting a startup became the choice of many, says William Bao Bean, a Shanghai-based partner at venture capital firm SOS, one of the largest VC’s, to Bloomberg. How Jack Ma changed China.Read More →
Alibaba’s chairman Jack Ma has unveiled his eagerly awaited succession plan, including a transfer of power to the current CEO Daniel Zhang. A very smart move, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the Nikkei Asian Review.Read More →
Chairman Jack Ma of Alibaba has been one of his kind in developing his company, and his retirement plan is no different, says Rupert Hoogewerf, the Shanghai-based founder of the Hurun Report, publisher of the China Rich List to the US News. “There’s only Bill Gates who has done the same.”Read More →
Religion in China is on the rise, shows journalist Ian Johnson in his book The Souls of China: The Return of Religion After Mao. China’s outbound investments in the One Road, One Belt (OBOR) or Belt and Road Initiative (BRI) program illustrate that change in China’s approach to religion, he says to Indepthnews.netRead More →
The luxury consumer price index (CPI) went up 4.1% in the first five months of 2018, the highest rise since 2012, says Rupert Hoogewerf, chairman and chief researcher of the Hurun Report, according to the Global Times. Read More →
Not only commodities like soybeans and caviar can be hit by tariffs in the ongoing trade war, China has many more potential targets, like the US casino’s in Macau, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, at Onlinepoker.net.Read More →
Tencent’s QQ has been the granddaddy of the Chinese internet and seemed on the way out, but is making a comeback, says Tencent expert Matthew Brennan at the South China Morning Post. With a slew of new features QQ has become attractive for the younger internet users.Read More →
Media are looking for winners and losers in the trade war between China and the US, and while damage can be inflicted in the short run, China is going to outlast an economic war with the US, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to Money Week.Read More →
The political debate in the US has become rough, and some fear a return of McCarthyism from the 1950s when everybody linked to Russia feared prosecution. Now China too has come into the equation, and political methods move into the same direction, says China analyst Kaiser Kuo to the US World&News Report.Read More →
A market of four billion users is waiting to be tapped into and William Bao Bean, managing director of the Shanghai-based SOSV, explains how his MOX is helping startups to do so. With a solid background in banking, telecom and the internet, William saw how mobile applications disrupted traditional industries, and offer new possibilities for companies to enter developing markets. Read More →
Tencent’s investment strategy is mostly a black box, where observers try to find a red line by looking at what the internet giant is doing. Tencent analyst Matthew Brennan got the unique possibility to discuss those issues with Tencent Investment Partnership Manager, Li Zhaohui, and published a translation on China Channel.Read More →