The surprise arrest of China´s Warren Buffet, Guo Guangchang, the chairman of Fosun international, has shocked the private sector, tells Rupert Hoogewerf, founder of the Hurun China Rich List at the International Business Times.Read More →
“Should I bother to come to China, people ask often, The answer generally is: No.” William Bao Bean talks to a group of Israeli startups in Tel Aviv. “When you use your gut feeling in China, you are mostly wrong. In China technology is not important, its about cash, friends or both.” Lessons from a seasoned investor, who says you can only succeed if you have an “unfair advantage”.Read More →
Going cheap is no longer the prevailing trend among China´s consumers, as especially the younger ones, who have traveled a lot, look for good quality, says retail analyst Ben Cavender in the International Business Times.Read More →
Zhou Qunfei, owner of Lens Technology, now China´s richest woman, is yet another rags-to-richest story from China. Ambition and success have been on her path, tells Hurun China´s rich list founder Rupert Hoogewerf to the Australian Financial Review. Ambition and taking risk is what most rich women have in common, he says.Read More →
Huawei has replaced Xiaomi as the preferred mobile in China. Is you want to be cool, you buy Apple, if you want a decent local product, you buy Huawei, says business analyst Shaun Rein in Yahoo Finance. Xiaomi is still a good company, but US$45 billion might be a little bit high, he says.Read More →
Study hard and make money fast, was what parents told their offspring in the past when they would sent them off to study. Successful tech giant like Alibaba, Baidu and Tencent have created new role models for graduates, tells Shanghai-based VC William Bao Bean in the Technology Review. Aspiration: becoming a VC.Read More →
China still has amazing growth figures, but not everybody is going to win the structural change the country is going through. Financial analyst Sara Hsu gives in the Diplomat an overview of the industries who relied on China´s double-digit growth an that will likely be hurt: commodities, real estate, import of goods and services.Read More →
Alibaba, and its competitor JD.com made a record sales (or gross merchandise volume, GMV, as it is called) during Single´s Day. But retail specialist Ben Cavender also looks at the little print in the contract, and wonders in CNN Money if the record sales contribute to the profits.Read More →
E-commerce is booming in China, even more than in the US, says Shanghai-based business analyst Shaun Rein in ABC. E-commerce is expected to grow from 25 percent now, to 50 percent soon. ABC: Shaun Rein, a Shanghai-based market research analyst, said these days it was exactly what the leaders wantRead More →
China will make another effort to sell its military products in the region at the Dubai Airshow, writes defense analyst Wendell Minnick in Defense News. While the Gulf market is attractive, China´s companies did not make many inroads yet.Read More →
Wang Jianlin, chairman of the China Wanda Group, tops the 2015 Hurun Property Wealth List, with 120 billion yuan (US$18.9 billion) in real estate. Property tycoon have been doing really well, says Hurun founder Rupert Hoogewerf in the China Daily, despite the relative drop in China´s growth.Read More →
China has backed out of the Trans Pacific Partnership, a long-negotiated trade agreement between a dozen countries. Political analyst Sara Hsu says in the Diplomat China might have enough reason and chance to join later, but has now too many other international commitments on its plate.Read More →