For those who have missed it: corruption is high on China´s hitlist for the past year, just ask executives at pharmaceutical companies. Author Paul French argues in Ethical Corporation the crackdown on foreign firms could have been expected, and will last.Read More →

Sales of luxury goods dropped in 2013, the third year of decline, and is expected to drop even further in 2014, according to a new Hurun report. “In terms of traditional luxury – leathers, accessories, watches – this year is going to be flat if not a little bit down,” Hurun founder Rupert Hoogewerf tells Reuters.Read More →

The consolidation of president Xi Jinping´s power is going to be the news story of 2014, says Kaiser Kuo, director international relations at Baidu in PRI. Kuo has a rather positive view on 2014, despite recent rise in international tensions.Read More →

For the communist party, fighting corruption is a matter of life and death, author Zhang Lijia told CNN’s anchor Kristie Lu Stout in “On China”, focusing on the crackdown on corruption by the current leadership. “They will catch a big tiger from each province. But again you guess, which tiger will get caught. The most corrupt one, or the most politically weak?”Read More →

Mooncakes and watches are just a few of the items you cannot give officials as a gift anymore, as Xi Jinping’s anti-corruption drive is gathering steam, in stead of losing it. But gift-giving is not disappearing, tells business analyst Shaun Rein in the Jing Daily, it is just changing.Read More →

President Xi Jinping’s anti-corruption drive has lasted longer than everybody expected, hurting high-profile drink manufacturer Moutai hard. The drink is unfortunately “synonymous with corruption and hedonism”, tells retail analyst Shaun Rein Reuters.Read More →

GlaxoSmithKline found itself in the hot seat, after China’s authorities started an investigation into its bribery practices and one of its executives was broadcasted on central tv, confessing his crimes. But in some industries, including pharma, bribery is endemic, tells marketing analyst Ben Cavender at CNN.Read More →

China’s most famous liquor Moutai is the Ferrari among alcoholic drinks. But when austerity is high on the political agenda, that might actually create a lot of trouble, explains business analyst Shaun Rein to Reuters. Although they might be able to circumvent those measures.Read More →