With the export industry in peril yet again, China’s government needs to focus on its assets back home, domestic consumption, tells business analyst Shaun Rein to the McClatchy Newspapers. Rising wages are needed to boost economic activity.
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Chinese growing number of millionaires are a different breed compared to those in other parts of the world, tells Rupert Hoogewerf or Hurun, composer of the China Rich List to ABC from Australia.Read More →
Setting the stage for the holiday season, Chinese American Kaiser Kuo, currently director international relations for search engine Baidu, calls for real people-to-people relationship on a rally to support Americans studying in China and improve mutual relations, according to the China Daily.Read More →
IMD-professor (and formet CEIBS dean) Bill Fischer wrote up on his weblogwhat makes him successful in executive education, answers on questions from CEIBS professor Ellie Weldon. “One of the few advantages that I have found to be associated with aging, however, is that sometimes people ask for your opinions, and then actually listen.”Read More →
China’s universities might be churning out millions of engineers, real innovative enterprises are led by US-educated returnees, writes business analyst Shaun Rein in CNBC. He disagrees with Washington Post columnist Vivek Wadhwa who fears China’s education.Read More →
Drooling foreign publishers are trying to enter the Chinese market, like recently on the International Book Fair in Beijing. But author Zhang Lijia warns on her weblog for too high expectation, as the already limited number of books per Chinese is even dropping.Read More →
China’s super rich massively try to get foreign passports, but it is not because of fear for government interference, discovered business analyst Shaun Rein in 36 interviews. China’s rich go abroad because of the poor health care and poor education, he writes in CNCB.Read More →
Obesity in China is mainly a problem for the children, says retail analyst and co-author of the book “Fat China” Paul French to The National. But after the kids, in the future, also the parents will suffer from overweight, like in developed countries.Read More →
After becoming the shop floor of the world, China is now focusing on its position as global innovator. IMD-professor Bill Fischer examines in Forbes whether those ambitions can become true. Counting patents is certainly not the way.Read More →
Paris might be the hot spot for luxury shopping by China’s rich, when they have to pick an education they go for England’s top universities, especially Eton and Harrow, says Hurun China’s rich list founder Rupert Hoogewerf in The Telegraph. Read More →
Famous economist Nouriel Roubini took a fast train from Shanghai to Hangzhou and saw it was almost empty. Shaun Rein explains him in Forbes why one train ride is not enough to predict a bubble in China that will pop in 2013. Read More →
Is China becoming an innovative force? Arthur Kroeber belongs to the bears in this debate, he tells Reuters, as the academic climate in the country is too much constrained. Not only lack of intellectual property protection and a failing educational system holds innovation back.Read More →