China is not only the world’s fastest-growing market for meat consumption, but it also has a long-standing tradition of using meat alternatives, says China-lawyer Mark Schaub at the China Law Insight. China’s government can use that tradition as it tries to change the country’s diet as they develop rules and regulations, he adds.Read More →
Observers got alerted when internet giant Tencent said it wanted to take search engine Sogou private, even tough Soguo is smaller than market leader Baidu. Marketing specialist Ashley Dudarenok explains to KR-Asia why the move makes sense, “Sogou lacks Baidu’s larger market share but possesses better search technology and algorithms, allowing for better user experience,” she says.Read More →
China is home to four out of five largest unicorns – startups valued over one billion US dollars, second to the US, says the latest report by the Hurun Global Unicorn Index, published on Tuesday. “The rest of the world needs to wake up to providing an ecosystem that allows unicorns to flourish,” says Rupert Hoogewerf, chairman and chief researcher of the Hurun report to the South China Morning Post.Read More →
Chinese internet users have been voicing loud opposition against the possible deal by Bytedance to sell Tiktok to Microsoft, as the company might be hit by a ban by US President Donald Trump. But the verdict by startups and investors in China has been milder, says Shanghai-based VC William Bao Bean to Techcrunch.Read More →
The coronavirus crisis has hit China’s economy and its graduates face a rough time for at least a year, as they are looking for jobs now, says financial analyst Sara Hsu, a visiting scholar at Shanghai’s Fudan University to CGTN. Job creation has come to a stand-still, and graduates might rely on finding jobs at state-owned companies, the government or even the military to survive in the coming year, she says.Read More →
A large number of foreign journalists, mostly Americans, got kicked out of China earlier this year, including long-term veteran Ian Johnson. In-depth journalism is now hurt, he tells the Deutsche Welle, as most media organizations have only one or two correspondents in China, who cannot do more than scratch the surface.Read More →
Donald Trump’s plan to ban Tiktok from the US is straight-up Sinophobia, says former Baidu communications director Kaiser Kuo to Slate. Most successful apps in China will not make a decent following among consumers in the rest of the world, he argues, just because they are too much adjusted to China’s internet rules and customs, he adds.Read More →
Having a strong digital strategy has put Burberry ahead of luxury competitors even before the coronavirus crisis hit the purchasing behavior of China’s consumers, says business analyst Shaun Rein to the BBC.Read More →
A range of incidents between China and the US is making headlines, as US President Donald Trump is trying to win the next presidential elections in the US. But Trump is strengthening China’s President Xi Jinping’s hand, warns political analyst Harry Broadman in a debate on Bloomberg.Read More →
Third-generation social media are getting ready to emerge, and marketing specialist Arnold Ma explains how Tiktok – Douyin in China – is leading the way away from platforms to content-driven communication, he tells at the UK Advertising Exports Group (UKAEG) at Shanghai International Advertising Festival (SHIAF) July 2020. Will WeChat survive in the new digital revolution? How 5G will change the world.Read More →
The crisis caused by COVID-19 is going to change many familiar habits by consumers and companies, says Shanghai-based VC and SOSV General Partner William Bao Bean to E27. Who will be the winners, despite the expected economic downturn?Read More →
One of the key legacies of president Xi Jinping is moving away from some of the key reforms initiated by his predecessor Deng Xiaoping, for example, where it comes to the importance of private companies for China’s economy, says leading economist Arthur Kroeber in Global Village Space.Read More →