Handing out hongbao’s when staff returns from Spring festival is one way how Chinese companies retain staff. WeChat expert Matthew Brennan joined Tencent’s CEO Tony Ma handing out hongbao’s last Friday in Shenzhen to some of this 43,000 employees, he reports on his LinkedIn page.Read More →

China’s market economy has brought pros and cons to the women, says author Zhang Lijia of the bestseller Lotus: A Novel, on prostitution in China, to the BBC.“I think women have shouldered most of the cost and burden during the transition from a planned economy to the market economy,” she says. She is currently working on a book on the left-behind children in China.Read More →

Much of China and many Chinese have become wealthy. But just a few decades ago, remembers author Zhang Lijia of “Socialism Is Great!”: A Worker’s Memoir of the New China Spring Festival was the only moment in the year where food was abundant. At her website, she looks with a nostalgic view at those poorer times.Read More →

China has become a politicized society, and countries and businesses can only ignore politics at their own peril. That is one of the key messages of political analyst Shaun Rein’s book The War for China’s Wallet: Profiting from the New World Order, and at the China Economic Review, he explains how that – in his view – works.Read More →

Chinese New Year is ahead and economists have their predictions about the country’s economy ready. Much of their gloomy prospects (Over-investment, too much debt, bubbly markets, faked data, Ponzi-like financial structures) depends on their location, observes business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, according to Bloomberg. Those located in China tend to get the uptick in the economy better than those observing China from afar.Read More →

Tencent is one of the world’s largest and most influential IT companies, but very few know what the company looks like. WeChat expert Matthew Brennan made for China Channel the Tencent Report, a short introduction to the company.Read More →

Who killed more, Hitler or Stalin, is a question often asked. Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, argues – 60 years after the Great Leap Forward started – that Mao Zedong is often wrongly excluded from this debate. But he opts for a nuanced approach in The New York Review of Books, although in numbers Mao beats both Stalin and Hitler.Read More →

hejiang province, with its capital Hangzhou, have developed into a preferred destination for billionaires, says Rupert Hoogewerf, founder of the Hurun China rich list. Zhejiang not only passed domestic cities like Beijing and Shanghai, but also Paris and San Francisco in the 2018 Hurun report, writes the Digital Journal.Read More →