Cash was king, not so long ago in China. But as wealth and the middle class increased, mobile payments had an advantage, says business analyst Ben Cavender. Because other payment tools like cards did not have a solid footprint, eager smartphone users adopted mobile payments quickly, he tells That’s Magazine. But: “Realistically, I don’t think cash will go away entirely, but it will certainly be relegated to a less important role.”Read More →

China’s millennials are increasingly defining the country’s consumer space, and Western fashion brands fail to appeal to them, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, to the South China Morning Post. Brands like Mark&Spencer failed because they focused on the middle-class, he saysRead More →

The world was once again flabbergasted by the US trade measures since it did hurt designated trade enemy China less than potential US allies again China, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. Behind those measures are efforts to design a whole new playbook, to change global economy, he tells both Livemint and Bloomberg.Read More →

The disruption caused by trade tensions is not going to give the US more market share for American companies, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to Bloomberg. And that is not what the US wants: “The USTR is not trying to bargain with Beijing: it is trying to force a deep change in behavior.”Read More →

China has reacted pretty cool on the increased signals US president Donal Trump is heading for a trade war, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the Washington Post. While the traditional conflict-solving procedures at the WTO might not fit the tit-for-tat approach of a trade war, China can afford to keep its composure.Read More →

Chinese investments into the US have recently gotten into the crosshairs of the CFIUS, the organization checking foreign investments into the US for security risks. Private equity investor and former CFIUS employee Harry Broadman tried to shed some light on this often murky process, and its political dimensions for Forbes.Read More →