China’s government seems eager to control debts, even when it means a mitigation of economic growth. But the financial stimulus will remain a trusted tool in the country’s financial toolbox, in case growth drops too far, says financial analyst Victor Shih at the Deutsche WelleRead More →
Chinese women dominate the Hurun global self-made women rich list, says Hurun founder Rupert Hoogewerf. The list is released on today’s Women’s Day, and has Zhou Qunfei of the Lens Technology firm as the topper, says the BBC.Read More →
Most internet startups are at the mercy of Facebook, Google, and in China Tencent or Alibaba. William Bao Bean, managing director of Shanghai-based SOsV, co-founded the Mobile Only Accelerator MOX, an independent platform offering not only capital but also an audience to launch, he explains in the News Lens.Read More →
Chinese investments into the US have recently gotten into the crosshairs of the CFIUS, the organization checking foreign investments into the US for security risks. Private equity investor and former CFIUS employee Harry Broadman tried to shed some light on this often murky process, and its political dimensions for Forbes.Read More →
China is leading the way in digitalizing the consumer experience in retail, but both major competitors – Alibaba and Tencent – have different retail strategies, says WeChat expert Matthew Brennan to the News Lens. Alibaba focuses on the offline experience, Tencent’s WeChat will stay online. In 2018 the battle will be on mobile payment, he adds.Read More →
The proposal by President Xi Jinping to scrap the two-term limitation for his position as president has generated little opposition, not domestically or internationally. A logical step in moving to more stability, comments author Zhang Lijia “Socialism Is Great!”: A Worker’s Memoir of the New China at the Wikitribune. And nobody wants to tock the China boat.Read More →
Chinese insurance and investment conglomerate Fosun International snapped up Brazilian asset manager Guide Investimentos for US$52 million on Tuesday, reversing a trend of disinvestment after the central government came after conglomerates with excessive outbound investments. Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, explains in the South China Morning Post why Brazil is such a popular destination.Read More →
China faces a financial dilemma, as it wants economic growth, and forces local governments to borrow more money, against the wishes of the central government, says financial and political analyst Victor Shih in the CeMEAS Conversations on China’s economic future. But external threats to the country’s stability do exist, he adds. Read More →
The decision by China’s insurance supervisor CIRC to take over Anbang, did not come as a surprise, says financial analyst Victor Shih to the Washington Post. The move will “inject a dose of confidence,” he added.Read More →
China has become a politicized society, and countries and businesses can only ignore politics at their own peril. That is one of the key messages of political analyst Shaun Rein’s book The War for China’s Wallet: Profiting from the New World Order, and at the China Economic Review, he explains how that – in his view – works.Read More →
The US bans Huawei and solar panels. China ‘investigates’ sorghum. Is a trade war developing between China and the US? Not so fast, says political analyst Kaiser Kuo, and former communication director for Baidu, at Wired. What we see according to him is just business as usual.Read More →
China is diving fast into self-driving cars. But while cybersecurity has become a major issue in IT, in the combination of self-driving cars, cybersecurity is not getting the attention it deserves, says Shanghai-based lawyer Mark Schaub on the China Law Insight, focusing on the legal risks and the actions the Chinese government did take.Read More →