Latest Posts
On headbangers and metal in China – Kaiser Kuo
In a short documentary rock musician Kaiser Kuo recalls the emergence of headbangers and metal in China, and the famous band Tang Dynasty. You can read his story also in our book: A Changing China. Read More →
Tariff cut needed to boost luxury sales – Shaun Rein
Chinese have spent last year 13 billion US dollar on luxury goods, but only 40 percent in China itself, says Shaun Rein in CNBC. Because of the high tariffs luxury goods, including cars, are 20-30 percent more expensive on the mainland. “They are shooting themselves in the foot.”Read More →
No room for high-risk innovation – Arthur Kroeber
Is China becoming an innovative force? Arthur Kroeber belongs to the bears in this debate, he tells Reuters, as the academic climate in the country is too much constrained. Not only lack of intellectual property protection and a failing educational system holds innovation back.Read More →
No property bubble is bursting – Shaun Rein
China’s economy is not under threat of a bursting property bubble, says Shaun Rein in CNBC. Property is being sold to people who can afford those assets, and can even stand a severe drop in value, unlike home owners in the US.Read More →
Why yelling in China does not work – Shaun Rein
Shaun Rein explains what he has learned about doing business in China, and how US companies like Google could learn from it. Publicly yelling mostly does not work, he argues in Forbes, describing his first approach with a corruption case a decade ago.Read More →
Baidu removes 2,8 million literary works – Kaiser Kuo
Kaiser Kuo In an effort to resolve a high-profile spat with Chinese authors on piracy, the country’s leading search engine Baidu removed 2,8 million filles, told company spokesman Kaiser Kuo the BBC, hoping this action would create enough good faith. More than 40 authors and publishers had accused Baidu thatRead More →
Luxury sales, for the wealthy and not so wealthy – Paul French
Paul French As the sales of luxury goods to Chinese spike, retail analysts try to figure out who is buying what. The profile of the buyers can vary a lot, tells Paul French The Guardian. Many of these new consumers are executives and entrepreneurs, keen to show they have madeRead More →
Taiwan can catch China’s luxury market – Shaun Rein
As growing crowds of mainland Chinese visit Taiwan, curious to see how pre-revolutionary China could have looked like, the island could capture a major share of the luxury good purchases, says Shaun Rein in CNBC. Sixty percent of those goods are bought now in Hong Kong or Europe. Shaun Rein isRead More →
Idea hunters go to Beijing – Bill Fischer
Bill Fischer When you are looking for smart ideas in China, go to Beijing, rather than Shanghai or Guangzhou, writes IMD business professor Bill Fischer of technology management in the Business Times, exploring the strategy for idea hunting. Interested in Web 2.0? Go to Silicon Valley. If you go anywhere else,Read More →
Why Nouriel Roubini is wrong on China – Shaun Rein
Nouriel Roubini via Wikipedia The famous economist Nouriel Roubini predicted the American financial crisis, and now says China is in trouble in 2013, writes Shaun Rein in CNBC. But he is dead wrong on basic trends on income, demographics and investment trends. Shaun Rein on the wages: Roubini also underestimatesRead More →
Inflation undermines consumer confidence – Arthur Kroeber
Arthur Kroeber by Fantake via Flickr China’s government is placing its bets on increasing domestic spending by consumers, tells Arther Kroeber in The Guardian. But the inflation seems to be undermining the confidence among those consumers. The 11.7% rise in food costs reflected growing demand, a shrinking pool of youngRead More →
85,000 Chinese millionaires more – Rupert Hoogewerf
Rupert Hoogewerf The number of Chinese millionaires has increased in one year time by almost 10 percent, to 960,000. The number of super rich, those have over US§15 million in assets, went up 9 percent to 60,000, according to the latest Hurun Report, produced by Rupert Hoogewerf. From eFinancialNews: WhereRead More →