2019 was a good year for most of China’s industries, the corona virus black-lash might be rough for some industries, says leading economist Arthur Kroeber in the Financial Times. Substantial double-digit declines in many production-side economic indicators might be expected over the first three months of the year,” he added.Read More →
The key question for China is: is there sufficient market reform to allow more growth, says former U.S. Assistant Trade Representative Harry Broadman at a conference at the London School of Economics in February 2020.Read More →
When you are in business and managing logistical chains, you are prepared for disruption. But the coronavirus is a different kind of disruption that needs a different mindset, says Harry Broadman. “The coronavirus is something that knows no borders and is far more diversified than any supply chain. That’s why you’re seeing pretty pronounced effects reverberating,” he says at US News.Read More →
Becoming a successful marketeer can be learned, says China-veteran Ashley Dudarenok at Hive Life. She gives six tips to move forward in selling into China. For example: get a mentor. “You can do it all – but it’s going to take you twenty years. Do you want to do it the hard way? Or do you want to pay somebody some money to show you how to do it in probably in just two to three years? “Read More →
The bike-sharing industry sees a spike now contingency measures allow more people to hit the road in major cities, but business analist Ben Cavender expects the positive news to be short-lived, he tells Abacus News. “In the longer term, it will still be difficult for the industry to bounce back and grow,” says Cavender.Read More →
Every crisis offers an opportunity and China is pushing ahead with its plans to develop autonomous vehicles, as the car market in in the doldrums. China lawyer Mark Schaub summarizes the effect of the country’s plans for the future at the China Law Insight.Read More →
Health organizations have been warning for shortages in essential drugs, now supplies from China are disrupted. But the problems are more fundamental than a concentration of drug production in China, also Indian manufacturers get into trouble, warns business analyst Shaun Rein at the BBC.Read More →
Superinvestor Jim Rogers advises to buy airlines and hospitality firms in Asia, as the world gets into the next phase of coronavirus panic. Panic is the real disease, not the virus, he argues in Kitco news.Read More →
The annual Hurun Global Rich List counted today more billionaires in China than in the US and India combined, says Rupert Hoogewerf, chairman of the Shanghai-based Hurun Report after its publication on Wednesday, to Caixin. In 2019, China created 182 billionaires, three times the number as those in the U.S., according to the Hurun Report.Read More →
Startups from India can profit from previous experiences in China, says startup guru William Bao Bean, managing director of the Shanghai-based Chinaccelator to Livemint. “I’m not saying China is the same as India, but the challenges people face in Tier-2+ cities in China were similar to those that people outside Indian metros face. So the approaches that worked in China are more likely to work in India than the approaches that worked in the US,” he says.Read More →
The Indian startup TryNdBuy has been adopted by the Chinaccelerator, and Shanghai-based managing director William Bao Bean explains why the virtual fitting room has a good chance to succeed in China, he tells at Livemint. Up to now, every virtual fitting room including Amazon and Microsoft, makes the consumer look bad, he explains.Read More →
The national fight against the coronavirus has also triggered off help in temples, churches and mosques, writes author Ian Johnson of The Souls of China: The Return of Religion After Mao in the New York Times, but not all help has been appreciated. Religious groups have been donating large amounts of money, a feature hard to imagine even ten years ago, he writes.Read More →