A slowdown of art sales in China is not only caused by the anti-graft campaign or the economic slowdown, but also by a growing sophistication of the art collectors, says China Rich List founder Rupert Hoogewerf in Barrons. They are not only going for big-ticket super-stars, but develop their own appreciation.Read More →
The Transpacific Partnership (TPP) in a proposed investment treaty covering both sides of the Pacific Ocean, including the US, but China is missing. Since the treaty covers 40% of the global GDP, China´s stance towards the TPP is key, writes financial analyst Sara Hsu in the Triple Crisis.Read More →
Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.Read More →
The number of leading women executives rises, says Rupert Hoogewerf, founder of the China Rich list, especially in China, the UK and the US, where inequality between men and women has been dropping, he tells in the Shanghai Daily.Read More →
China has retained a second place on the 2015 Global Rich List, despite the growing number of billionaires. India got bronze, passing the UK and Russia. Hurun founder Rupert Hoogewerf: “Tech has been leading the way again for new billionaires. It’s all eyes on the new economy,” according to the Independent.Read More →
After a boycott over the past three years, Japan is back as a favorite in 2015 for Chinese tourists, now relations are more stable, tells business analyst Shaun Rein to WSJ wealth editor Wei Gu. Hong Kong is passe, and domestic travel is in, especially for youngster who do not focus on shopping anymore.Read More →
China is in the middle of a shift from the world´s factory to a base of innovation, argues author Shaun Rein of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. Silicon Valley and US firms in general should pay attention to that shift, he tells in the Mercury News.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´s nuclear weapons are getting better and more powerful, writes defense analyst Wendell Minnick in Defense News. He cites a US congressional report, warning for the Chinese power to threaten US forces within 10 years.Read More →
Journalist Ian Johnson joins a radio debate at “On the Point” on the NPR on the blogger Zhou Xiaoping, who was last month endorsed by president Xi Jinping. Xi, or at least his speech writers, are trying to regain the ideological high-grounds, says Ian Johnson. They are looking for new moral values, and Zhou fits into this picture. His message ´proud to be Chinese´, comes with an anti-American slant. He is criticizing Western media when they report about China, tells Johnson, but also himself not really sticking to the facts when talking about the US.Read More →
Despite its close to US$22 billion IPO at the New York Stock Exchange today, business analyst Shaun Rein does not see in Alibaba a real global company. “Its model is not scalable in other large market like the US and Indonesia”, he says at has much work to do at home, especially on mobile where it is lagging.Read More →
When a Chinese J-11 fighter challenged a US Navy P-8 Poseidon on Aug. 19 near Hainan Island, it triggered off a debate on the way the US performs its surveillance strategy, writes defense analyst Wendell Minnick in Defense News.Read More →