The Wall Street Journal has more details of the earlier released Hurun report about how China’s rich spend their money while traveling. Tension with France have been forgotten, as Paris has become their most favorite destination. The Hurun report is produced by Rupert Hoogewerf.Read More →
China’s billionaires and millionaires are a much-wanted market for the travel industry. But those rich have very distinct travel habits, discloses a new Hurun report, its founder Rupert Hoogewerf tells the China Daily. Key words: youth, self-reliance and brand loyalty.Read More →
Federal Reserve chief Ben Bernanke is not worried about inflation in America, writes Shaun Rein in CNBC, but he should be worried when China sends its high costs to the US.Read More →
China’s PLA is about 20 years behind the US military, Defense minister general Liang Guanglie told the Shangri-la Dialogue last Monday, writes Wendell Minnick in Defense News. It was the first time ever a high-ranking delegation of the People’s Liberation Army joined the annual conference.Read More →
North Korea is likely to launch a third nuclear test, based on highly enriched uranium (HEU), writes Wendell Minnick in the Defense News, based on a book by Jonathan Pollack. China nor the US can stop the country’s nuclear program.Read More →
We expect China will be firmly on the political agenda in the US again as the upcoming election for the new president of the US get under steam. At the China Speakers Bureau we are going to focus on that debate and we have created a special category: #elections2012 to collect all stories and contributions of our speakers.Read More →
US businesses working in China are reluctant to criticizes Chinese government departments, like they would do in the US, and for good reason tells professor Victor Shih in The International Business Times. The chance of getting into trouble is always present.Read More →
Strong rumors – denied by the government – suggest Taiwan is planning to defer payments for US weapon systems to the US, writes the Asia Sentinel. Defense expert Wendell Minnick suggests that would give the Obama administration a good argument to back out of already closed weapon deals.Read More →
Taiwan President Ma Ying-jeou urged the U.S. to release F-16 fighters and submarines during a speech May 12 at the Washington-based Center for Strategic and International Studies, writes Wendell Minnick in Defense News.Read More →
The US could lose 1 to 2 trillion US dollar in revenue if they successfully scare away Chinese investors, writes Shaun Rein in CNBC, quoting a recent Asia Society report. “Fear mongering about China by American politicians and businessmen like Donald Trump has made Chinese think twice about investing in the U.S.”Read More →
US senator Charles Schumer via Wikipedia Is China closing its doors, as companies like GE, BASF and Siemens say, or is it more open than ever, as the country’s officials say? It’s a matter of perception, writes Shaun Rein in CNBC, especially now America’s economy is in trouble and politiciansRead More →
Arthur Kroeber by Fantake via Flickr While China’s rank as the second economy in the world means little in material terms, it has an important psychological effect on its international affairs, tells Arthur Kroeber in the Wall Street Journal: But Arthur Kroeber, managing director of GaveKal Dragonomics Research in Beijing,Read More →