China’s economy is facing rough weather, but while the luxury market has its problems, some segments are doing better than ever, says Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher at the Hurun Report. And more important, the happiness of China’s high net worth individuals is increasing he adds at the  20th anniversary of the Hurun Best of the Best Awards.Read More →

AI is going to have a major beneficial effect on extended reality (XR), like augmented reality (AR), virtual reality (VR) and mixed reality (MR), says Alvin Wang Graylin, China President and Global VP of Corporate Development at HTC at Golf Business. “Motion tracking, hand tracking, voice interactions, spatial scanning, and procedural world generation would all not be possible without AI,” adds Graylin.Read More →

AI is going to change our lives in the next five to ten years, says AI expert Alvin Wang Graylin, co-author of the new book Our Next Reality, in an interview at MRTV. “Nothing will be the same anymore! In this 90-minute in-depth discussion Alvin Wang Graylin gives us fascinating insights on how the AI-powered Metaverse will change all our lives and what we can do to make it an overall positive outcome for our society,” MRTV writes.Read More →

About 90 percent of the China expats have left, estimates China lawyer Mark Schaub in his latest China Chitchat. And while new people are slowly coming back, those who left are struggling to sell their business, he says. What are the challenges they are facing, Schaub summarizes in the first part.Read More →

Branding expert Ashley Dudarenok, author of Innovation Factory: China’s Digital Playbook For Global Brands (September 2023), discusses with Pascal Coppens what global brands can learn from China. Business models from the USA, Germany, and Japan have left their footprint in business education. Still, the innovations coming from China have been left out of this business learning process, says Dudarenok, especially regarding ways to reach consumers directly.Read More →

VC William Bao Bean, managing director of Orbit Startups explains how Asian companies can learn from the example from Chinese companies. Not by simply copying the China models, but by learning the lessons and applying them in a new situation, he tells the Future Investment Initiative Hong Kong.Read More →

The China Speakers Bureau is happy to announce Sharon Gai is joining its stable of high-profile speakers. Sharon Gai is based in San Francisco and has worked at top management positions in Alibaba and other e-commerce companies.Read More →

Single’s Day (11/11) used to be the heyday for China’s consumerism, but this year the consumers went for the cheap stuff, says business analyst Shaun Rein at CNBC. Low consumer confidence forced the e-commerce platforms for the whole year to discount products, but Single’s Day was the cheapest event ever for consumers. Alibaba is losing its shine to newer platforms, he adds.Read More →