When brands enter China, they not only have to figure out what their demanding customers want, but also have a good look at politics, argues business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, in a wide-ranging interview at Knowledge CKGSB.
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.
The recent attacks in Manchester and especially London do not seem to have a huge impact on the stream of Chinese tourists, who still put Europe and especially the UK on the top of their destinations. But tourists from China are very security conscience, says business analyst Shaun Rein, who does expect a short-term decline, he tells the South China Morning Post.
President Xi Jinping´s speech at the World Economic Forum in Davos has been greeted with enthusiasm by global corporate leaders, confronted with opposite movements from Donald Trump and the Brexit. But political analyst Victor Shih warns it does not mean China is heartily embracing economic liberalism, he tells the LA Times.
The purchase of the Plough at Cadsden in rural Buckinghamshire, the bar where then-prime minister David Cameron and president Xi Jinping toasted on their relationship by the Chinese company SinoFortone shows a change in the typical tourist habits, says Peking university business professor Jeffrey Towson in the China Daily.
The trend of China´s rich planning migration to other countries has increased to 60 percent in 2016, according to the latest report by the Hurun Rich list. A weaker currency and fear for a collapsing domestic real estate market are the main reasons, Hurun founder Rupert Hoogewerf tells in the South China Morning Post. The US topped the list, followed by Britain, Canada, Australia and Singapore.
European soccer clubs and their stakeholders look on with mixed feelings when yet another Chinese billionnaire sets his eyes on their clubs. But from the perspective of the Chinese billionnaires it makes perfectly sense, says Rupert Hoogewerf, founder of the China Rich List Hurun to the Telegraph.