The successful hot-pot chain HaiDiLao is not only expanding fast in China, but has also set its eyes on foreign markets. That might be too early, judges business analyst Shaun Rein in Bloomberg. Moving into markets with different requirements might be too dangerous, especially outside Asia.Read More →

When Haier took over GE’s Appliances, US management feared the future. But the Chinese takeover is very different from the American style, they discovered. Western firms are victim of their traditional viewpoints, tells IMD-professor Bill Fischer, who studied Haier’s very different corporate style, to AP.Read More →

Hundreds of millions Chinese turn to religion, as part of a spiritual revival, tells author Ian Johnson of The Souls of China: The Return of Religion After Mao to CBN. “While the government remains deeply suspicious of China’s religious revival, Johnson says it hasn’t stopped people from exploring matters of faith.”Read More →

Not registered gatherings of religious believers have been a major force in the growing search for religion in China, but – says author Ian Johnson of The Souls of China: The Return of Religion After Mao in the Atlantic – they have largely been condoned by the government, and Johnson does not believe that might change.Read More →

China is inching up as a world power, and author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power finds it about time to dive deeping into what moves the country’s political thinking, says the Irish Times in a review. French: ” “China will wish to restore itself to the pinnacle of affairs in East Asia.”Read More →

The scandal that rocked the once-famous private Minsheng bank has put the question of the role of the government towards the banking system. Bailing out banks create more problems than it solves, says financial analyst Victor Shih to the New York Times.Read More →

To get rich is glorious was China’s leading principle for decades, but slowly the country starts to search for a moral foundation, says author Ian Johnson of The Souls of China: The Return of Religion After Mao to PJMedia. “According to Johnson, China lacks the mechanisms the U.S. has available for creating social change. In China.”Read More →

Financial analyst Sara Hsu looks at the new chairman of the China Banking Regulatory Commission (CBRC), Guo Shuqing, and the man he replaces, Shang Fulin. What has Shang done to deal with this murky financial sector, and can Guo do better, she wonders in Asia Times.Read More →

Top executives at China’s internet giant Tencent earn higher salaries than their counterparts at Amazon, Twitter, Intel Apple and IBM, according to job portal Zhaopin.com. Business analyst Shaun Rein is not surprised, he tells the South China Morning Post. There is no other way to retain their talent in China.Read More →