The main reason for China’s government to start the Shanghai Free Trade Zone last weekend was to increase competitiveness in the service sector, where in telecom and finance state-owned giants have been dominating up to now, tells Shanghai-based business analyst Shaun Rein on Radio Australia.Read More →
Services are replacing manufacturers as preferred investors in China, tells business analyst Shaun Rein in VOA as Shanghai is opening its free trade zone. That could be a trial balloon for the next five to ten years, before moving on, he expects.Read More →
The story Shanghai’s Free Trade Zone will offer investors uncensored internet, is a very small, but highly symbolic move by China’s government, explains business analyst Shaun Rein in Bloomberg. Some sections of the government are listening to complaints by foreign and Chinese business leaders, but do not expect major changes fast.Read More →
Story of the day is the Shanghai’s new Free Trade Zone might allow Twitter, Facebook and other western social media on the internet. About time, says business analyst Shaun Rein in CNBC as the current limitations hurt the competitiveness of Chinese companies.Read More →
Apple’s new iPhones are not getting the buzz the Apple products used to get in the past, tells business analyst Shaun Rein in Bloomberg. It might a against the bible of Steve Jobs, but it would help if they would listen to their users. And the fingerprint technology is not helping either.Read More →
Giving bribes to doctors and hospitals is illegal, and goes against the beautiful mission statements many pharmaceutical companies have written. But if you want to expand your drug business in China, there is not other way than paying bribes, tells business analyst Shaun Rein in NPR.Read More →
Maybe the recent bird flu was not as bad as SARS ten years ago, but the fear for a pandemic has certainly damaged business in China, tells business analyst Shaun Rein in NPR’s Marketplace. Read More →
Celebrity author Paul French flew out in person from Shanghai to receive in New York the prestigious Edgar Best Fact Crime award for his book “Midnight in Peking: How the Murder of a Young Englishwoman Haunted the Last Days of Old China. Report from CSmonitor.Read More →
The German electronic retailer Media Markt announced now officially it will close its China stores in April, after a two year long expedition into the China market. Retail analyst Ben Cavender sums up for the China Daily what Media Markt did wrong.Read More →
The quality of the internet in China has become so bad over the past months, it is jeopardizing business operations because of the governmental filters, tells business analyst Shaun Rein in the Wall Street Journal. Pulling out of China is no option, but business might scale down.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 →
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 →