Innovation and creativity have been changing China profoundly, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. And those changes are about to change the rest of the world too, he tells the Globe and Mail.Read More →
The world looked up surprised when the Tiens Group took 6,500 of its employees to Paris and the Cote-d´Azur, but for China rich-list founder Rupert Hoogewerf says in IBT that this move fits into a tradition. More surprising is that an international company like Tiens has stayed so long under the Western radar.Read More →
The relative economic slowdown forces the Chinese government to have a thorough look at tax breaks for foreign companies, writes financial analyst Sara Hsu in the Diplomat. The central government looks at tax evasion, and local government are less eager to offer tax breaks.Read More →
The Chinese restaurant owner in Nairobi with a ´No Africans´ policy raised many questions, got arrested and focused the attention on the between one and two million Chinese in Africa. Author Howard French of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa explains in PRI some of their reasons.Read More →
The Transpacific Partnership (TPP) in a proposed investment treaty covering both sides of the Pacific Ocean, including the US, but China is missing. Since the treaty covers 40% of the global GDP, China´s stance towards the TPP is key, writes financial analyst Sara Hsu in the Triple Crisis.Read More →
McDonald´s used to be a winner in China, but has started to face dropping sales. Retail analyst Ben Cavender explains why the US firm is likely to keep on dropping in AsiaOne. Food scandals caused loss of confidence among the consumers, and McDonald´s has been unable to repair the damage.Read More →
In a surprise move US internet giant Amazon is opening a webshop at Tmall, part of its competitor Alibaba ´s empire. Retail analyst Ben Cavender explains why Amazon is teaming up with its competitor to enter the China market at CNBC.Read More →
Brazil depends to a large degree on China´s demand for its ore. But that dependence is dangerous, economist Arthur Kroeber told a conference in the country. Demand will be high for the next five years, but then drop sharply, and cause trouble if Brazil has not diversified its economy.Read More →
Financial leasing companies, unless they are supported by one of the banks, are increasingly running into problems, as they lose access to funding, writes financial expert Sara Hsu in The Diplomat. ” Ordinary financial leasing companies in particular are feeling the funding pinch.”Read More →
China´s lawmakers are preparing for their annual sessions of the advisory CPPCC and the National People´s Congress. Among them a large amount of influential business people. Political analyst Victor Shih explains the interaction between business and politics in China in the New York Times.Read More →
A declining economic growth and stiff anti-pollution measures hit especially the coal industry in China hard, as prices fall in an industry suffering from overcapacity, writes financial analyst Sara Hsu in the Diplomat. The trend will continue. although “the transition to a diminished reliance on coal is difficult.”Read More →
Much on the consumer debate in China focuses on the high-income buyers. Time to change that, says retail analyst Shaun Rein, and author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. Spending power of low-income consumers is going up fast, he tells KTUU.Read More →