One of the purposes of Trump’s trade war is convincing US companies to leave China. But they are not yet ready to move, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in the Channel News Asia. And when they move, they might before countries like Vietnam over the US, he adds.
Western media have been portraying China’s massive investment program One Belt, One Road (OBOR) or Belt Road Initiative (BRI) as a colonial trick to put developing countries into debt, and then seize their assets. Business analyst Andy Mok sees debt problems as a normal business risk in highly complicated investments on infrastructure, he tells at the state-owned CGTN.
A market of four billion users is waiting to be tapped into and William Bao Bean, managing director of the Shanghai-based SOSV, explains how his MOX is helping startups to do so. With a solid background in banking, telecom and the internet, William saw how mobile applications disrupted traditional industries, and offer new possibilities for companies to enter developing markets.
In China, Tencent’s WeChat became the leading messaging apps, but – unlike many think in the West – it is not government censorship that kept international competition at bay, says WeChat expert Matthew Brennan in The National. Also in other countries, local messaging app prove to be stronger.
Business analyst Shaun Rein author of The War for China’s Wallet: Profiting from the New World Order defines three different relations China can have with other countries: hot, warm or cold partners. From Cambodia he reports how a hot partner like Cambodia can deal with its powerful neighbor, according to the Phnom Penh Post.
China’s erstwhile “peaceful rise” has been less peaceful over the past years. Will China face a pushback from its neighbors, asks former foreign correspondent Mary Kay Magistad author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power in a wide ranging interview about his book in PRI.
China is inching up as a world power, and author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power finds it about time to dive deeping into what moves the country’s political thinking, says the Irish Times in a review. French: ” “China will wish to restore itself to the pinnacle of affairs in East Asia.”