The crowds might be back in China’s restaurants but they are not spending as much as they used to. The economy is not back on track, the labor market is bad and salaries are being cut. Business analyst Shaun Rein has sent his researchers out, and they did come back with bad news, he tells CNBC.Read More →
China’s consumers are sitting on excess savings of 6 trillion yuan (US$874 billion), but business analyst Shaun Rein sees consumer confidence is pretty low, and they seem unwilling to spend their savings, he tells the South China Morning Post.Read More →
Business analyst Shaun Rein experts the housing market in China is going to get weak as consumers are not buying big-ticket items for the near future, he tells CNBC.Read More →
China’s crackdown on its tech sector in the past few years might have loosened, but the fallout is still hurting its development after the government has loosed its grip, says business analyst Shaun Rein to AP. “The crackdown was deep and cut far to the bone, probably more than the government expected it to,” said Shaun Rein,Read More →
Japan is hitting China’s citizens with unfair Covid restrictions, and will in return suffer from retaliatory actions by the Chinese, says business analyst Shaun Rein to CNBC. The contrary effects on Japan’s economy will be huge, he says.Read More →
When even an acknowledged China bull like strategic analyst Shaun Rein turns negative on its short-term economic development, things do not look well for the middle kingdom. “Consumer confidence has brutally collapsed and I think investors need to think twice or maybe even three or four times before investing in China right now,” says Rein in the Economic Times.Read More →
China’s economy is heading for a rough time as it continues to curtail activities under its dynamic zero-COVID policies, says Shanghai-based business analyst Shaun Rein in the Global Eye. Heatwaves, drought, and high unemployment among youngsters add to those problems, he says.Read More →
China’s internet censors took down a popular influencer showing a tofu tank, which suddenly made this year internet users aware of an issue that was mostly ignored: Beijing’s tank man on June 4, 1989. Political expert Shaun Rein explains how the censor shot into his own food at ABC News.Read More →
Shanghai-based business analyst Shaun Rein – in this sixth week of quarantine – explains why it was needed for the 26-million city to lock down fully.Read More →
Business guru Shaun Rein challenges Australia’s recent wave of Sinophobia by its politicians, and not questioned by its prime-minister Scott Morrison, while Australia and China are natural allies, says Rein.Read More →
China veteran Shaun Rein explains why the West does so poorly in understanding China, and why China’s government is doing such a bad job in explaining China to the rest of the world, in an interview with Cyrus Janssen.Read More →
China’s booming tech sector was mainly funded by private and sometimes overseas investors. Those days might be over as the state takes over that funding, with ride-hailing company Didi as a prime example, says business analyst Shaun Rein in Pymnts.Read More →