Yahoo has announced it will close its remaining Beijing R&D facility. A move that only makes sense, given the poor shape the former internet giant is in now, tells business analyst Shaun Rein in Livemint. 300 People are going to lose their jobs.Read More →
China might be facing many problems, a crisis of confidence is certainly not one of them. Economist Arthur Kroeber, acknowledged bull on China, tells The Age the Party is much more powerful than any domestic enemies.Read More →
Chinese are becoming more adventurous in bed, told author Zhang Lijia Sunday at the Beijing Bookworm, with 71% having premarital sex (compared to 15% in 1989). Zhang Lijia prepares a novel “Lotus”, on prostitution in China, writes the Wall Street Journal. The Wall Street Journal: Only several decades ago, “Chinese womenRead More →
Paul French, author of the Fat China: How Expanding Waistlines are Changing a Nation (China in the 21st Century) summarizes for The Guardian what the government has done over the past decade to fight obesity. He is underwhelmed.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 →
The consumption of the French Bordeaux might be dropping, the appetite for a Bordeaux chateau is still very much alive among China´s wealthy, says China Rich List founder Rupert Hoogewerf in the Wine Spectator. “It is seen as a safe investment.”Read More →
China´s lack of direction or ideology, makes it very hard to make sense out of its future, writes author Howard French in ChinaFile, in a contribution to the David Shambaugh debate on the demise of the communist part. “Such is the degree of uncertainty we must all live with.”Read More →
The environmental documentary “Under the Dome” by Chai Jing has become more influential, even after Chna´s censors banned it from the internet. Not only because between 100 and 200 million already watched the documentary, says author Zhang Lijia to Bloomberg. The government can no longer brainwash the people.Read More →
China´s fiscal deficit will be the largest in six years. Financial analyst Sara Hsu explains why this is a good move, so it can encourage spending, she writes in the Diplomat.Read More →
An opinion piece in the Wall Street Journal by David Shambaugh on March 7 claims the Communist Party is falling apart. Economist Arthur Kroeber explains in ChinaFile why he is wrong. The next episode in a longstanding “China-is-collapsing” tradition.Read More →
McDonald´s used to be a winner in China, but has started to face dropping sales. Retail analyst Ben Cavender explains why the US firm is likely to keep on dropping in AsiaOne. Food scandals caused loss of confidence among the consumers, and McDonald´s has been unable to repair the damage.Read More →
Apple´s latest iPhone has been a huge success in China, after the company had more problems entering the China market earlier. But the Apple Watch is going to be a success, expects business analyst Shaun Rein, according to Bloomberg.Read More →