Surveys by the Hurun China Rich List not only show that China´s affluent have spent more money in 2016, but increasingly do to while traveling, says Hurun chairman Rupert Hoogewerf in the Luxury Daily. The number of days per month they travel went up again.Read More →
While Trump still has to make his mark on international relations, fears rise that he might disrupt international order in a gross way. Leading economist Arthur Kroeber says it might trigger off international anarchy where China will be unwilling to step into the void, according to the Globe&Mail.Read More →
For years the trend seemed irreversible: China´s rich were leaving the motherland in troves. But in 2017 the trend has reversed, says Hurun China rich list composer Rupert Hoogewerf to the South China Morning Post. This year could be a turning point, Hoogewerf says about the findings in the Hurun Chinese Luxury Consumer Survey 2017.Read More →
While US president-elect Donald Trump prepares to be sworn in, global business leaders worry what the near future might bring them. A trade war, business as usual or something in between? US-China economic relations for sure need a re-set, tells leading economist Arthur Kroeber, and author of China’s Economy: What Everyone Needs to Know® in the Chicago Tribune.Read More →
While the jury is still out on what China´s role will be at the post-Brexit Trump era of global trade, president Xi Jinping did emerge as a global player at the World Economic Forum, tells leading economist Arthur Kroeber at Bloomberg.Read More →
President Xi Jinping´s speech at the World Economic Forum in Davos has been greeted with enthusiasm by global corporate leaders, confronted with opposite movements from Donald Trump and the Brexit. But political analyst Victor Shih warns it does not mean China is heartily embracing economic liberalism, he tells the LA Times.Read More →
Social mobility between the generations in China has stalled, argues author Zhang Lijia, even more than elsewhere. While she moved herself from factory worker to a social commentator, and recently wrote Lotus: A Novel on prostitution in China, most Chinese are currently stuck socially where they were born.Read More →
Increased government restrictions on the outflow of capital will severely impend the outbound M&A activities in the first quarter of 2017, after a record year in 2016, expects business analyst Shaun Rein, according to the South China Morning Post.Read More →
Chinese has followed the lead by their former leader Deng Xiaoping to “become rich first”. But while hundreds of millions have indeed become more wealthy, social mobility has stalled, writes journalist Zhang Lijia, author of the forthcoming book on prostitution in China Lotus: A Novel in the New York Times.Read More →
While much of the upcoming economic policies of president-elect Donald Trump are still clouded, many expect a golden opportunity for China in the Asia Pacific. But we should not be surprised when China is not that much interested, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.Read More →
President-elect Donald Trump has announced he will get American jobs back from China, and named China a currency manipulator. But jobs have already moved away from China, says business analyst Shaun Rein, author of The End of Cheap China, in the International Business Times, and he has missed 10 years of change in China.Read More →
China´s economy is struggling from a relatively lower growth rate and lack of efficiency. Despite all good intention, China will keep a leading role for the state in the economy, says economist Arthur Kroeber and author of China’s Economy: What Everyone Needs to Know® in a wide-ranging interview in Knowledge.ckgsb.Read More →