The successful social platform Tiktok got into hot water when it comes to its relation with China, now the company goes international. Former Baidu communication director Kaiser Kuo looks at The Ringer how Tiktok thrived, like others, in this climate of uncertainty, fuzziness and unpredictability that is key for China’s internet.Read More →
Online education is a booming business in China, and regulations are catching up, very slowly, says China-lawyer Mark Schaub in a thorough overview of the legal minefield for online educational ventures at the China Law Insight. “Curiously for a business that combines two highly sensitive areas of the Chinese economy – the internet and education – online education was only first officially addressed in 2018.”Read More →
China-lawyer Mark Schaub gives a detailed overview of the drafted legal improvements foreign investors can expect when the phase 1 trade agreement will be in place. For example, the VIE’s will largely remain safe. That is, warns Mark Schaub, a huge if, he writes at the weblog of his law firm King & Wood Mallesons.Read More →
China’s women are no longer satisfied with the marriages they took in the past for granted, says Zhang Lijia, journalist and author of Lotus: A Novel on prostitution in China, in the South China Morning Post. “Although gradually easing, there’s still stigma attached to divorce,” she adds.Read More →
Pulitzer-price winning journalist Ian Johnson describes the decline of Hong Kong, in all possible ways – not only economically, as China rose, for the NY Review of Books. “Hong Kong failed to install visionary leaders who might have helped Hong Kong retain its place among the handful of truly key global cities,” he writes. Read More →
Local governments in China have amassed an amazing amount of debt. Dropping revenue and disappointing economic performance is a major challenge, writes financial analyst Sara Hsu in the China-US Focus. “The outlook for local government financials is not positive.”Read More →
Former trade negotiator Harry Broadman warns at Bloomberg the trade war is far from over despite positive sounds on the phase 1 agreement. US President Donald Trump seems more engaged in winning the 2020 presidential elections than ending the trade war. And he introduces agricultural deals for the US thatRead More →
Private companies have a hard time getting bank loans, says economist Arthur Kroeber to Barron’s. But that is nothing new, he adds, the problem is that state-owned companies get loans too easy. That division is more important than the level of China’s debts, he adds. “Too much attention has been paid to the debt problem.”Read More →
International trade veteran Harry Broadman discusses how the world’s boardrooms have to shape up to deal with the fallout of the trade war and global tumult hitting companies and countries.Read More →
China’s central government has been trying to sinicize religion, and that had especially a major effect on Christianity, writes journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao. For the New York Review of Books, he reviews Jesus in Asia by R.S. Sugirtharajah, but starts with a thorough overview of Beijing’s efforts to curtail Read More →
For a while, China’s Renminbi or Yuan looked like a potential competitor in international markets. But China has lost that opportunity, says economist Arthur Kroeber in OZY. “Who’s going to issue or buy bonds in a market where liquidity can be turned off at the drop of a hat?” he asks.Read More →
The phase-1 trade deal between China and the US is a non-deal paving the way out of an untenable situation, says leading economist Arthur Kroeber in Money Week.Read More →