The China Banking Regulatory Commission (CBRS) brought out last month new regulations to make online banking more safe. But foreign banking institutions and IT vendors fear exclusion from the China market, and they might be correct, writes Shanghai-based lawyer Mark Schaub in China Law Insight. His take-away.Read More →
A declining economic growth and stiff anti-pollution measures hit especially the coal industry in China hard, as prices fall in an industry suffering from overcapacity, writes financial analyst Sara Hsu in the Diplomat. The trend will continue. although “the transition to a diminished reliance on coal is difficult.”Read More →
Author Zhang Lijia looked – at the request of Al Jazeera – back at the history of the famous CCTV New Year gala, attracting each year hundreds of million viewers, with a major impacts on China´s citizens. Her main advice: “de-politicization of the show. The most important thing is to let people to have some fun as they deserve on the special occasion.”Read More →
A reasonable price and still a premium, those are the assets of the iPhone 6 as a key gift for Chinese New Year business analyst Shaun Rein notes at CNBC. “The anti-corruption drive is more serious than most analysts realize,” said Rein.Read More →
Journalist Ian Johnson talked extensively to the famous Chinese architect Wu Liangyong, for the New York Times. His wide-ranging interview starts with a notorious debate among architects, where Wu explains why Rem Koolhaas was wrong on Beijing, and why president Xi Jinping supports Wu.Read More →
One in ten, of the over 2 thousand billionaires at the 2015 Global Hurun list, were women, is revealed by The Women of China. 35 Of them were from China, says Hurun founder Rupert Hoogewerf, who explains how this year´s changed way of counting delivers a better result, counting in self-made women billionaires.Read More →
China´s labor conditions were notoriously bad, but the shift to higher-skilled, younger laborers, and better legislation has changed the country profoundly, writes urbanization expert Sara Hsu in the Diplomat. Although, there is still room for more improvement.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 →
Journalist Ian Johnson interviewed democracy guru Liu Yu on her work and the political debate in China for the New York Review of Books. In this fragment they discuss how China´s internet users start to learn from those debates abroad, if they are interested, that is.Read More →
Li Hejun, a solar energy entrepreneur whose Hanergy Holding Group Ltd has become China´s richest man, according to a new calculation on Tuesday by the Hurun Rich List, founded by Rupert Hoogewerf, writes Reuters. Wang Jialin and his family of Dalian Wanda retained the second place.Read More →
Political relations between China and India are tense, and Indian internet users follow the issue closely. The opposite happens at the other side of the border, says Kaiser Kuo, director international communication of Baidu in the Beijing Review. “The sad truth is that most Chinese just don’t think that often about India.”Read More →
China state media framed the last week´s Hurun Report on the luxury industry a success for the anti-corruption struggle of president Xi Jinping. But the rich cut back their spending only marginally, and Hurun founder Rupert Hoogewerf calls 2014 even a “banner year”.Read More →