When you deal with consumers in China, WeChat and its payment systems, cannot be ignored. Starbucks did so for years, and lost much business, says business analyst Shaun Rein to Bloomberg. The American company now joined WeChat, although concerns about data safety remain.Read More →
China´s financial authorities try to stem to massive outflow of capital but those counter measure severely hurt the competitiveness of Chinese companies, says business analyst Shaun Rein in the South China Morning Post. That is going to be a dilemma in the long run.Read More →
A Chinese bid for the Chicago Stock Exchange is running into major roadblocks, both in China and the US. The bidder the private Chinese company Chongqing Casin Enterprise Group might have waited too long, says business analyst Shaun Rein in the South China Morning Post. Both in China and the US barriers seem too high to close the deal.Read More →
A strengthening US dollar since the election of US president-elect Donald Trump might increase the outflow pressure of the Renminbi, and China might first try more stricter measures to increase capital control, says financial specialist Victor Shih to Bloomberg. But if that fails, financial authorities might consider a more uncontrolled floating currency to get the market into balance.Read More →
Politics under president Xi Jinping has certainly become more exciting than under his predecessors, says political scientist Victor Shih in the Policy Forum. But Xi´s push for his China dream getting realistic approaches to achieve that goal have become, and might curtail his ambitions.Read More →
The ChinaAccelerator, a tech-focused US$200m fund, picked Shanghai over Beijing, although typically most IT firms started off in Beijing. Shanghai is more international, says managing director William Bao Bean in the Economist. 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 →
The story of the Briton Ross Walked, 73, desperately looking for investments in his tech company, hit the media as he got capital from Chinese investors. Tech guru William Bao Bean from Shanghai explains in the Sixth Tone why age is not a barrier in China, unlike in the UK.Read More →
Getting traction among China´s picky consumers is one thing, keeping it up is another. Larger foreign firms like Yum and Starbucks have been slow in picking up consumer trends in China, says business analyst Shaun Rein to Bloomberg, for example in their adoption of fintech developments.Read More →
The move by Blackstone not to sell a landmark California hotel to the Anbang Insurance group for security concerns shows domestic volatility in the US and serious risk for Chinese companies looking for investment opportunities, says business analyst Shaun Rein to the South China Morning Post.Read More →
The central government is encouraging its downstream agencies to engage more in sponsored venture capital deals to stimulate innovation. That is not a guarantee for success, says financial expert Victor Shih in Bloomberg and might cost the tax payers a lot of money.Read More →