China’s e-commerce players JD, Alibaba and Pinduoduo tried to build leverage during the coronavirus crisis, explains marketing guru Ashley Dudarenok at Bloomberg. And how are they profiting now the demand for Chinese products in the rest of the world is down?Read More →
Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao interviews author and journalist Yuan Ling after he got into quarantine in his home province Shaanxi. “The virus has already had a deeper impact on the people than even the [2008] Sichuan earthquake [that killed 69,000],” Yuan Ling tells Ian Johnson on the phone, for the New York Review of Books.Read More →
Online education is one of the big winners in the ongoing corona crisis, next to health care, says Hurun rich list maker Rupert Hoogewerf in the South China Morning Post. “Valuations of traditional education institutions had recorded a severe drop, compared to the quick rise of education technology-focused companies,” he says.Read More →
China has been betting on two horses: restarting the economy and preventing the coronavirus from spreading. Political analyst Victor Shih sees how local officials put their bets: they prefer the virus from stopping over a risky restart of production, he says at CNN.Read More →
William Bao Bean, Shanghai-based managing director of startup accelerator Chinaaccelerator, discusses his investment strategy as the world is in disarray because of the coronavirus, at Focus Wire. “When things are bad, no one really does anything, and when things are hot, everybody’s investing,” Bean says.Read More →
Super investor Jim Rogers discusses the monetarian measures by Western central banks, while in China their colleagues have not lowered interest rates to fight the effects of the coronavirus. In Europe and the US they have not even started to fight the virus and we have to see how that works out, he tells at CGTN.Read More →
US president Trump might be doing his best to upset China in every possible way, but US-China relations are no longer top priority for either country, says political analyst Victor Shih at NBC News. “Fundamentally the big problem on both sides is that you now have leadership which no longer considers having good bilateral relationships as a highest priority,”Read More →
Countries in Europe, Africa and other parts of the world have turned to China to seek for help in their struggle against the coronavirus, as the European Union and the US are failing to offer assistance. But China expert Howard French wonders at the Intercept whether China can face up to this new challenge.Read More →
The coronavirus might have put pressure on many industries, the top healthcare companies in China do very well, says Rupert Hoogewerf, chief researcher of the Hurun Report in Laingbuissonnews.com. Healthcare is the third largest industry for non-state controlled companies in China, after manufacturing and real estate.Read More →
Shanghai-based business analyst Shaun Rein was with his family on a well-deserved holiday as the fallout of the corona virus crisis caught up with his trip. Panic is spreading over the world, especially now in the US. Rein is back in Shanghai and feels himself more safe than in some of the countries he has been in over the past few months, he tells at CGTN, although there is a lot room for improvement in China too.Read More →
The West could have known about the dangers of the corona virus when China started to fight it. But the West preferred to watch on, in stead of jumping into action, writes Beijing-based journalist Ian Johnson in an opinion piece in the New York Times.Read More →
Although not taken serious, when a spokesperson of China’s Foreign Affairs ministry blamed the US army for bringing the coronavirus into China, many paid attention. Political analyst Victor Shih explains why China relied on this very unlikely scenario at the New York Times.Read More →