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 →
Australian Crown expats who get incarcerated illustrate that sticking to China´s rules and regulations might be a good idea when doing business in China. Airbnb and Apple even risk a backlash of their Western constituency by hosting their China data in China. Still the best way to move forward, says Shanghai-based business analyst Shaun Rein in The Street.Read More →
The internet in China has been dominated by four huge players, Alibaba, Tencent, Baidu and Sina Weibo. After crushing their domestic competitors, they are now ready for the online world war, says VC William Bao Bean at Next16 the German audience about startups. “You’re under-funded, too slow and don’t work hard enough.”Read More →
For long China was the world´s working place with thousands of workers toiling away in dirty workshops. But China´s youngsters do not want to work in factories anymore, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, to MIT Technology Review. In stead, robots take over.Read More →
The walled gardens of Whatsapp, Facebook and Google have lost great opportunities, and now they have to face Chinese competition as Tencent and others prepare expand into the next four billion users, outside China, told Shanghai-based innovation expert William Bao Bean last week at the Next16 conference in Hamburg.Read More →
The surprise alliance between makes perfect sense, says retail analyst Ben Cavender to Reuters. Sony gets more access to the huge Chinese movie market, and Wanda to Hollywood. And we might expect more tie-up between Chinese companies and global players.Read More →
Foreign companies and their business organizations used the G20 meeting in Hangzhou as an opportunity to point at the restrictions they face when they want to invest in China, while outbound investments from China go through the roof. You only have to look at the basic figures to see they are right, says author Arthur Kroeber of China’s Economy: What Everyone Needs to Know® to the South China Morning Post.Read More →
China´s economy might be slowing down a bit, outbound tourism keeps on booming like before. Chinese tourists spend more per capital than any other natonality. In 2015 120 million Chinese spent in total over 100 billion US dollar, a double digit growth compared to 2014.
While there are some sure winning among the top destinations, Chinese tourists are fast looking for new trends, and the government is able to steer tourist stream to other countries, when political strubbles occur. Both Japan, France and Taiwan had now and then those political problemsRead More →
China is becoming more mercantilist, and – in a narrow way – Donald Trump is right about China, says author Arthur Kroeber of China’s Economy: What Everyone Needs to Know® in an interview with Bloomberg. And the US are following a global trend for more protectionism.Read More →
China has been preparing for the fallout of a decision of the Federal Reserve, but find themselves dealing with an unexpected black swan, says financial and political analyst Victor Shih to Bloomberg. The Renminbi might be under pressure.Read More →
While the world is trying to get to grips with the fallout of a possible Brexit, very few of the effects for China can be sure, with the exception of the currency trade, says economist Arthur Kroeber to Bloomberg. At this stage, the risks seem fairly limited.Read More →
While economic growth has come down dramatically, it is very unlikely Chinese companies will reduce their investments in Europe and America, says business analyst Shaun Rein to the VOA. Foreign investments will be a key strategy for 2016.Read More →