Latest Posts
The next travel hurdle: getting visa into Europe and the US
Travelers from China are trying to secure visas for the first post-Corona summer holidays, but are running into problems as issuing visas for both the Schengen countries as the US face severe delays, up to three months before applicants can get an interview, according to the South China Morning Post. For the reverse track, visas for visitors into China, the article does not give information, but the logistic process might face similar problems.Read More →
More US restrictions on China’s chips: a lose-lose situation – Winston Ma
It’s complicated, says Winston Ma, Adjunct Professor of Law at NYU and Author of “The Digital War” about the new US export restrictions on chips for China, and it is potentially a lose-lose situation, he tells at Bloomberg.Read More →
China’s underground historians – Ian Johnson
China veteran and scholar Ian Johnson will publish in September 2023 his next book Sparks: China’s Underground Historians and their Battle for the Future. “It describes how some of China’s best-known writers, filmmakers, and artists have overcome crackdowns and censorship to forge a nationwide movement that challenges the Communist Party on its most hallowed ground: its control of history,” writes Ian Johnson at his weblog.Read More →
China’s economy: problematic for the next two years – Jim Rogers
China’s economy is not going to recover for the next two years, says renowned investor Jim Rogers to The Deep Dive. For the first time, the country is deeply indebted, faces a global bear market, and has not been able to solve the downturn in its real estate, he tells at the Deep Dive.Read More →
China-US flights planned to increase
China and the US have agreed to expand the number of flights in an effort to expand trade relations between both countries. Although China has abolished most of its zero-covid measures since March, the number of weekly flights between both countries was stuck at 24, reports Reuters on June 28. Before Corona, that number was up to 350 per week.Read More →
Payment giants will accept foreign credit cards
One of the major nuisances for foreign visitors to China might be gone as the country’s major payment giants, Tencent (operating WeChat Pay) and the Ant Group (operating Alipay) agreed to accept foreign credit cards on their platforms. Up to now, visitors needed to have a Chinese bank account to use those common payment tools in China.Read More →
China aviation industry expects recovery by the end of 2024
Just lifting the stringent Covid-19 restrictions in China did not revive its economy as expected. The lockdowns ended in December 2022 and visas were issued in March 2023 again, but the recovery had been lackluster. The aviation industry belongs to those with the most disappointing predictions by June. 22, 2023, as it expects to be back to normal by the end of 2024, hoping for an extension of government support, reports the South China Morning Post.Read More →
Why China is missing the boat after its lockdowns ended – Shaun Rein
Business analyst Shaun Rein visits the US for the first time in four years after Covid-19 lockings in China, and he explains why he has become bearish on the country. Consumer confidence is down at a historic low, and an expected revenge purchase after the lockdowns ended stayed away. Foreign companies are pressured by the US to split off their operations, despite a wide range of international CEOs visiting China last month.Read More →
Consumer confidence remains low, even with massive festival support – Shaun Rein
China’s consumer confidence remains low, even when its largest e-commerce platforms offer massive support, says business analyst Shaun Rein at the Hill. Rein said that consumers were less likely to spend more during 618 as merchants had already been discounting heavily for years because of the pandemic, and deals were not that much better compared to previous months.Read More →
Available: The Golden Age of expat executives in China, by Gabor Holch
In the summer of 2023, Gabor Holch, intercultural leadership coach, consultant, speaker, and author published his latest book, Dragon Suit: The Golden Age of Expatriate Executives In China, Read More →
Looking at Blinken’s Beijing visit – Ian Johnson
Political analyst and senior fellow at the Council of Foreign Relations Ian Johnson gives a fast overview of the issues ahead of US Secretary of State Anthony Blinken visit to Beijing, including the US-China relations, Cuba, Ukraine, Taiwan, and more for CBS News.Read More →
Continued goverment support for economy expected – Ben Cavender
China’s central government surprised this week by supporting its economy by a string of measures including cutting interest rates. Financial analyst Ben Cavender expects more action in the coming months, but meanwhile, foreign investors get jibberish and that might offer great opportunities for other economies like India, he adds at CNBC-TV18.Read More →