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.
Victoria Secret’s high-profile problems with authorities in Shanghai were not the first when big brands try to organize events in China, nor will they be the last. Brands are simply not aware enough of politically or morally sensitive issues, different from their home market, says branding experts Ben Cavender to Reuters.
China is inching up as a world power, and author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power finds it about time to dive deeping into what moves the country’s political thinking, says the Irish Times in a review. French: ” “China will wish to restore itself to the pinnacle of affairs in East Asia.”
South-Korea was the latest country to suffer from economic boycott measures from China after it deployed THAAD missiles on its soil. Tourism backed out and Korean factories suffered surprise inspections. A standard procedure, says business analyst Shaun Rein to CBS. Norway, France, Japan, Taiwan and other suffered from similar boycotts.
South-Korea is not the first country to see China can fight an argument without sending the army in: Japan and France are just a few examples where tinkering with economic power was more effective, for example by redirecting its tourists. It is easier to bully South Korea than Japan,” says business analyst Shaun Rein in the South China Morning Post.
The world is still trying to make sense out of president-elect Trump´s Taiwan call, and what it means for the future. China veteran Kaiser Kuo argues that the US should rethink its now 40-year relationship with the island, but certainly does not think Trump picked the best way and time to do so, he writes at SupChina.