China´s call for innovation has caused a lot of action by government departments on different levels. But most initiatives are run by officials or universities, not the experienced business people the markets need, tells William Bao Bean, the managing director of one of the Chinese incubators to Reuters.Read More →
Can Asia produce its own Mark Zuckerberg, the founder of Facebook? “No,” noted the reporter of E27 from a speech Chinaccelerator director William Bao Bean gave at the Echelon Asia Summit 2016. Unfortunately, the reporter did not wait for the second part of the speech, and William explains why Google and Facebook changed the playing field at Facebook.Read More →
Chinese authorities have started to crack down on zombie firms, firms that mostly exist in name. A good sign, writes financial analyst Sara Hsu in the Diplomat, but there might be huge differences between provinces, she warns, as the government also wants to avoid job losses.Read More →
The new rules on taxation of cross-border e-commerce have caused fear the government is trying to kill an increasingly lucrative industry. It was inevitable the government would start to regulate – not kill – this booming business, says Shanghai-based lawyer Mark Schaub in Lexology. The timing was a surprise, and unfortunately, regulations are not very clear, he adds.Read More →
China has slapped tax on cross-border e-commerce, a trade that went previously under the tax radar. Especially the smaller operations could be hurt, tells retail analyst Ben Cavender the China Daily, while the larger ones can avoid damage.Read More →
Peer-to-peer lending got quite some coverage in China´s media, both as a huge business opportunity, and as an attractive criminal operation ground, says financial analyst Sara Hsu in the Diplomat. Authorities have tried to crack down on crime, but are also afraid to kill a good business.Read More →
The Beijing Auto Show was an exceptional bright spot during an economic slowdown that is worrying many, writes financial analyst Sara Hsu in the Diplomat.”We can expect China’s auto industry to keep moving.”Read More →
While economic growth has come down dramatically, it is very unlikely Chinese companies will reduce their investments in Europe and America, says business analyst Shaun Rein to the VOA. Foreign investments will be a key strategy for 2016.Read More →
Lexmark was the latest American company, finding itself in Chinese hands. Chinese companies use acquisition to embark on their global journey, and they have a special appetite for American brands, tells business analyst Shaun Rein in Marketplace.Read More →
Cross-border fraud in China is on the rise, says Shanghai-based lawyer Mark Schaub in Lexology. And when it happens, you should take action right away. First he paints what could happen.Read More →
The USTR, the United State Trade Representative, has qualified the Chinese Great Firewall, blocking and filtering internet traffic, as a trade barrier. Analyst Sara Hsu is not that sure, and suggests more research to find this our, in the Diplomat.Read More →
Macau tries to stay relevant by opening six new multi-billion hotels this year alone. But business analyst Shaun Rein wonders whether that is the right strategy. Bigger is not always better, he tells the South China Morning Post.Read More →