President-elect Donald Trump has announced he will get American jobs back from China, and named China a currency manipulator. But jobs have already moved away from China, says business analyst Shaun Rein, author of The End of Cheap China, in the International Business Times, and he has missed 10 years of change in China.Read More →
China-bashing has been part of the US elections for ages, and in 2016 the ritual is the same, although China has become a much stronger force than in the past and the US candidates have failed to adjust their tone, writes author Zhang Lijia of the upcoming Lotus: A Novel. Few Chinese leaders lose sleep over the US elections, she writes for Aljazeera.Read More →
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.Read More →
The move by Blackstone not to sell a landmark California hotel to the Anbang Insurance group for security concerns shows domestic volatility in the US and serious risk for Chinese companies looking for investment opportunities, says business analyst Shaun Rein to the South China Morning Post.Read More →
If the presidency of China over the G20 in Hangzhou has showed anything, it is that a more self-confident nation needs the rest of the world not as much as in the recent past, says political analyst Arthur Kroeber to LA Times. “The U.S. has less leverage to get things it wants.”Read More →
Beer has always been a poor-people product, but has been going upmarket, now China´s elite discover the more fancy beers, tells retail analyst Shaun Rein to the Boston Globe. Although, in the sales, craft beers in China hardly show up, that is going to change.Read More →
Uber learned much from the failures of other American internet companies who tried to enter the China market, but still failed. China veteran Kaiser Kuo looks in ChinaFile at the competitive market in China, making it almost impossible for foreign internet companies to gain substantial market share. Read More →
I did it for the kids, says former Baidu communication director Kaiser Kuo in his exit interview on the Sinica podcast. He recently swapped Beijing for Chapel Hill, NC in the US. I wanted them to be truly bi-cultural, and after learning and submerging in China during their first years, going to college in the US was inevitable. `We planned this move for five years.” While the political climate is not improving, it was not the reason to leave, he says. “It was way worse when I arrived here.”Read More →
China is becoming more mercantilist, and – in a narrow way – Donald Trump is right about China, says author Arthur Kroeber of China’s Economy: What Everyone Needs to Know® in an interview with Bloomberg. And the US are following a global trend for more protectionism.Read More →
China has been preparing for the fallout of a decision of the Federal Reserve, but find themselves dealing with an unexpected black swan, says financial and political analyst Victor Shih to Bloomberg. The Renminbi might be under pressure.Read More →
China and the US start today annual high-profile talks in Beijing in an effort to mend their relations. In some ways the relations between both countries looks like an arranged marriage, says economist Arthur Kroeber to NPR. Relationship status? It’s complicated.Read More →
US judicial authorities have arrested the Chinese national Fuyi “Frank” Sun for trying to steal carbon fiber, used for military and aerospace applications, defense analyst Wendell Minnick writes in Defense News. Sun was caught by an undercover unit of Home Land Security (HSI).Read More →