A major shift is taking place in financial IT investments, tells William Bao Bean, managing director of the Chinaccelerator at CNBC. In the past 15 years VC’s helped to solve basic problems, he says. That’s done and we move now to AI.Read More →
Try to solve a problem, do not focus too much on your own product, tells Chinaccelerator managing director William Bao Bean at a CNBC tech talk panel in Singapore entrepreneurs looking for VC money. He saw too many entrepreneurs trying to enter China and Asia without asking themselves whether it was needed.Read More →
A favorite hobby among analysts and journalists is comparing Chinese companies with American or European competitors. Alibaba has little in common with Amazon. The differences are often larger than the similarities, says business analyst Ben Cavender. And getting into the China market is certainly not easy, he adds at the BBC.Read More →
China is no longer the cheap production house for the world it used to be. That offers the government major challenges, as it has to re-skill those production workers, says business analyst Ben Cavender. But into what, he wonders at CNBC.Read More →
China’s consumers do not trust the food produced in their own country, after many food scandals. That could also be a great business opportunity, says business analyst Shaun Rein in Barfblog, who looked at Weinberg’s Inscatech — a global network of food spies.Read More →
Fast food chain McDonald’s faces decline worldwide, but wants to counter that trend by doubling the number of stores in China. Its alliance with property giant Evergrande makes sense for this strategy, explains business advisor Shaun Rein to the South China Morning Post.Read More →
Innovation expert William Bao Bean, managing Director of SOSV’s Chinaccelerator, discusses entering the China market is tough, if not impossible for foreign players in many industries. In the Hutong podcast, William looks at the way he trains Chinese startups for a global play, and foreign startups for the China market.Read More →
HNA was the last in a row of Chinese conglomerates, losing support from their most important financial backers. In the slipstream details emerged about the hidden ownership structure behind HNA. But most of these ownership relations remain opaque says political analyst Victor Shih to Fortune.Read More →
A decade ago, in China cash was king. But in less than another decade, the same country could be the first fully cashless society, says business analyst Ben Cavender to AFP. Cavender estimates China’s mobile payment market is already 40-50 times larger than the United StatesRead More →
China is moving fast in developing self-driving cars, but also authorities move fast in paving the legal roads for those cars by developing Draft Guidelines, says Shanghai-based lawyer Mark Schaub in Lexology. The ambitious approach is in line with the technological improvements, the government is having on its agenda.Read More →
China has become the testing ground of many international network marketing companies, as many Chinese consumers prefer foreign brands. But apart from opportunities, Shanghai-based lawyer Mark Schaub also sees legal challenges of operating in this new promised land, he writes in Lexology.Read More →
The China Food and Drug Administration (“CFDA”) has released in April a draft regulation for supervision of so-called health food. Shanghai-based lawyer Mark Schaub of King & Wood Mallesons sees it as an open way to discuss a new system of filing, and less registration, he writes in Lexology.Read More →