Shanghai introduced in January a compensation scheme for investors who lost money on their investments, hoping to trigger more innovations. By doing that China´s second-largest city funds faulty investment deals, tells VC veteran William Bao Bean the BBC.Read More →
The first billion internet users entered the space using their PC´s. But the last four billion users will be mobile only, says innovation expert William Bao Bean in Tech in Asia, talking about the MOX demo days. To reach those billions, innovation startups also has to be mobile.Read More →
Getting a Chinese defense company at an exhibition would be awkward, since they were not prepared to give any information, not even to customers, writes defense analyst Wendell Minnick at Defense News. At the latest Singapore Airshow they improved, but only slightly.Read More →
Everywhere governments are looking for ways to encourage innovations. For super-innovator William Bao Bean the solution is pretty simple: get out of the way. And give visas where possible. Compensating VC for possible losses, like Shanghai wants to do, is certainly the wrong way. Singapore on the other hand does a good job.Read More →
China´s central government is pushing offshore RMB bonds as a tool to support Chinese firms to go abroad. Financial analyst Sara Hsu looks at the current state of offshore RMB bonds, and expects a massive expansion, she writes in the Diplomat.Read More →
The story China´s rich send their kids abroad is not new, but their numbers are growing and the ages of the kids are dropping, found the latest Hurun report. And says Hurun founder Rupert Hoogerwerf, they go to more different countries, he tells at Yibada.comRead More →
China was again present with fighter jet targeting pods at the Singapore Airshow in February, showing new confidence in its military export products, notes defense expert Wendell Minnick in Defense News.Read More →
China is trying to sell its L-15 fighter jet internationally at the Singapore airshow, but mainly competes with Russia, tells Defense analyst Wendell Minnick at CNN. “Minnick says the models on display pale in comparison with those of the U.S.”Read More →
Just before Xi Jinping and Barack Obama sat down for their California summit, the region’s military representatives sat down in Singapore for the 12th Shangri-la Dialogues. Our defense analyst Wendell Minnick saw a classic Shakespeare act deploying, although with less drama than in the past, he writes in Defense News.Read More →
Money does not make happy, says the saying. China’s rich are now discovering that truth as the latest Hurun report indicates a dropping happiness among China’s rich. Insecurity is on the rise, tells Hurun founder Rupert Hoogewerf in CNN.Read More →
China’s luxury goods market might still be going strong, despite a dip in the country’s growth. But previously popular brands like Burberry are losing traction, tells retail analyst Paul French in the Huffington Post. But there is still hope.Read More →
The Ferrari crash in Singapore by a rich Chinese, killing three including himself, triggers off another debate on China’s moral crisis. Author Zhang Lijia addresses at Channel Asia the issue of people getting rich too fast.Read More →