Already before COVID-19, American and Chinese internet giants fought for dominance in the booming market for food and grocery delivery, and the coronavirus crisis had cause another boom in the market, says William Bao Bean, managing director of global venture capital firm SOSV in Shanghai in Marketplace. Having dominance in their home market helps the Chinese players.
Chinese companies keep on flocking to US stock markets despite the upcoming anti-China regulations and the hostile political climate between China and the US. Why? Because they need capital to finance their plans yesterday, not tomorrow, explains political economist Shirley Ze Yu at her vlog.
Shanghai-based VC William Bao Bean looks at the world after the COVID-19 recession will be gone. Fintech will go through the roof, like all things digital, home delivery, and health care applications he tells at this debate on India and China how the world will learn from China coronavirus crisis.
A Hunan reality TV show Sisters who make waves triggers off a heated debate in China on whether the TV show adds to the feminist debate or not. Author Zhang Lijia collects the arguments pro and con, and in the end concluded that the commercial show is making quite some feminist waves, she writes in the South China Morning Post.