Latest Posts
China`s aging crisis: guns vs canes – Howard French
The world´s most populous country is facing an unprecedented crisis, as its population ages fast, tells former New York Times Shanghai-bureau chief Howard French to PBS. The fast rising demand for social security, health care and a diminishing work force, will narrow down China´s economic expansion in the near future. The aging crisis not only shows the immense failure of the one-child policy, it will also force the country to become more welcoming to much-needed immigrants.Read More →
Uber did not lose in China, it was a draw – William Bao Bean
American internet companies have lost in the competitive China market one after another: Google, Yahoo, Facebook, Ebay, Twitter, YouTube. Compared to them Uber did an amazing job, says innovation expert William Bao Bean to LA Times. “It was a draw.”Read More →
Hongkongers do not like mainlanders, and it`s mutual – Shaun Rein
For a long time, Hong Kong was the place to go for visitors from the mainland, but the resentment against mainlanders in Hong Kong grew, says retail analyst and author Shaun Rein in Todayonline, and as Chinese got more travel alternatives, Hong Kong sees sales of luxury goods drop dramatically.Read More →
Women get more done, but equality is far away – Zhang Lijia
Feminism is on the rise in China, and much has changed for the better, tells author and journalist Zhang Lijia of the upcoming novel Lotus: A Novel, in TakePart.Com, in an issue on feminism in China. But too many things have not yet changed, or change too slowly.Read More →
More merging shipping lines? Wait and see – Paul French
China´s state-owned shipping industry has already seen massive mergers over the past 18 months, and this week the State Council – the country´s highest administrative body – announced more mergers. But China veteran Paul French warns in Splash 247 to read too much into the announcement. Just an announcement does not mean it is a done deal.Read More →
China`s rich make their own platforms to donate – Rupert Hoogewerf
China´s rich donate relatively little to good causes, but when they do, they prefer to use their own platforms, not third parties, to do so. They try to avoid charities like the Red Cross, says Rupert Hoogewerf, chairman of the Hurun institute to VOA, and look for more creative ways to donate.Read More →
Censorship does not stop China´s tech sector – Kaiser Kuo
Americans believe that China´s censorship at the internet is stifling creativity in the tech industry. Wrong, says tech commentator Kaiser Kuo who recently left internet giant Baidu as communication director to return on the US in the Washington Post.Read More →
China´s e-commerce: better in making money – William Bao Bean
When it comes to making money, Chinese e-commerce is more creative and successful, than any of their US counterparts, says VC William Bao Bean to the Washington Post. However, Chinese start-ups need to show they can generate enough revenue to make the model work in the middle term.Read More →
Brand loyalty emerges in China, very slowly – Shaun Rein
Chinese consumers belonged to the least loyal to brands. And although brand loyalty is on the rise, China only shows a slow improvement. Business analyst Shaun Rein explains why to CKGSB Knowledge. “Loyalty is happening because consumers are getting sophisticated.”Read More →
Luxury CPI keeps on rising – Rupert Hoogewerf
Despite a relative slowdown in the country´s economic growth, China´s luxury price index saw the fastest rise in five years outpacing the CPI, show the latest report by the Hurun Institute, according to the Shanghai Daily. Luxury property, health and education are the driving forces, says Rupert Hoogewerf, Hurun Chairman.Read More →
Facebook´s China competitors make real money – William Bao Bean
Most of the American internet companies like Facebook still make money through advertising, while their Chinese competitors like WeChat and Weibo make money through selling all you can think of, tells Shanghai-based VC William Bao Bean to AP. They are way ahead of Facebook.Read More →
Tough rules for instant formula – Mark Schaub
A range of food scandals with milk powder for babies has caused a wild-west market for mainly foreign instant formula, doing good business in China. Lawyer Mark Schaub warns that regulators are catching up, and new tough registration rules have a deadline for October 1, hard to manage for import products, he writes in Lexology.Read More →