A tough fight against corruption and a firm increase of their budget. President Xi Jinping is using both sticks and carrots to get the powerful military establishment into line, writes defense analyst Wendell Minnick in Defense News.Read More →
Finally the government takes pollution serious, long after its citizens noted the dangers, concludes journalist Ian Johnson in ChinaFile, after a smog documentary was taken off the internet. But censors acted after 100 million Chinese watched the much-praised movie, that sparked off an unprecedented debate.Read More →
In a surprise move US internet giant Amazon is opening a webshop at Tmall, part of its competitor Alibaba ´s empire. Retail analyst Ben Cavender explains why Amazon is teaming up with its competitor to enter the China market at CNBC.Read More →
China´s proposal to IT vendors to give access to their devices to fight terror has raised the tensions in the industry. Apple seems to have agreed to share its source code with China, and that might cause Obama a headache, says business analyst Ben Cavender in Quartz.Read More →
Brazil depends to a large degree on China´s demand for its ore. But that dependence is dangerous, economist Arthur Kroeber told a conference in the country. Demand will be high for the next five years, but then drop sharply, and cause trouble if Brazil has not diversified its economy.Read More →
Financial leasing companies, unless they are supported by one of the banks, are increasingly running into problems, as they lose access to funding, writes financial expert Sara Hsu in The Diplomat. ” Ordinary financial leasing companies in particular are feeling the funding pinch.”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 →
China´s lawmakers are preparing for their annual sessions of the advisory CPPCC and the National People´s Congress. Among them a large amount of influential business people. Political analyst Victor Shih explains the interaction between business and politics in China in the New York Times.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´s financial authorities have been balancing to keep up with capital flows, massively outward in January. But to bolster services and consumer demand more structural reforms are needed, writes financial analyst Sara Hsu in the Diplomat.Read More →
Many cities try to lure massive spending Chinese tourists, but Paris is year after year the winner, also when it comes to what they spend per capita. China Rich List founder Rupert Hoogewerf explains the magic of France´s capital in the Jakarta Post, and the challenges for competitors.Read More →
China´s expanding military power got much media coverage over the past years. But defense analyst Wendell Minnick got a just released report on a less covered subject: why is China´s military build-up less strong than anticipated. From Defense News.Read More →