Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, looks at the arrest of 100 participants of the Early Rain Covenant Church and their pastor, Wang Yi, this weekend. Johnson did spend over a year with the underground church and wrote this fast overview for the New York Times.Read More →
China owns Asia, after the US under Donald Trump decided to leave the continent, argues super-investor Jim Rogers, author of Street Smarts: Adventures on the Road and in the Markets, at AMTV. The US moved out, and now you see the Chinese everywhere, in Russia, in Iran, just because they have no competition anymore. “You should invest in markets others hate,” he says.Read More →
China’s president Xi Jinping has painted himself into a corner, summarizes the famous economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, the economic dilemma China finds itself in, according to NPR. “He cannot back down from his China Model.”Read More →
China is becoming a center point for money laundering activities from Latin America, writes the military magazine Dialogo. Financial expert Sara Hsu explains how those links could work out.Read More →
Chinese media got orders to avoid bad news on the economy, but according to financial analyst Sara Hsu, signs indicate that China is unofficially in a recession. Spending has gone down despite encouragement from the government to spend more.Read More →
Tencent is moving its business model from mainly WeChat and B2C to the cloud. Tencent expert Matthew Brennan looks at the China Channel to the results he sees at the 2018 3Q results. It was the first time Tencent disclosed figures on their cloud activities.Read More →
Internet giant Alibaba might have sold for close to 31 billion US dollar at China’s Single’s Day, but author Zhang Lijia notices also growing concern on the massive shopping festival, she tells Upm Pulp. Consumerism and environmental concerns emerge with the growing turnover.Read More →
Videos of 5-star hotels in China showed unhygienic practices and went viral last week. But business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, did not see anything new here, apart from the Western media picking up the upheaval this time, he tells at the Bangkok Post.Read More →
China’s financial institutions ponder on the pros and cons of a currency devaluation as the effects of the trade war with the US start to kick in. While devaluation is on the agenda, it would be a tricky road, says financial analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, at CapitalWatch.Read More →
China’s luxury travelers are high on the agenda of the tourism industry, and Rupert Hoogewerf, publisher of the Hurun China Rich List, sees a few major trends. Family trips are emerging as a preference, and WeChat groups of alumni of key universities a forgotten way to connect to the luxury travelers, he tells in the South China Morning Post.Read More →
Earning back the investment to gain China users for your internet startup is tough because of the high costs, says Shanghai-based investment guru William Bao Bean to travel website TTG. Just a brilliant idea is no longer enough, you need a suite of services to survive.Read More →
Blue-collar workers in China have started to make a lot of money, but are mostly ignored as a force in domestic consumption, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to CGTN from Shanghai. The focus is on billionaires or youngsters, but the fast emerging wealthy blue-collar workers are forgotten, he argues.Read More →