A unique set of meticulous diaries, written by communist party member and reformist Li Rui, the secretary of Mao Zedong, have emerged in legal battles. Stanford University obtained them from Li’s daughter, but China is eager to get them back. Historian Ian Johnson, author of Sparks: China’s Underground Historians and their Battle for the Future, comments on the diaries and fears they will disappear into the black hole Beijing’s archives are nowadays, he tells at ABC News.Read More →

Pinduoduo (PDD) suffered an unprecedented 30% decline in its share value at the start of this week, but business analyst Shaun Rein sees here an opportunity for investors. Buy PDD, he tells them on CNBC. The company has hit a wall through China’s consumer decline in trust, but he sees enough possibilities to grow overseas, especially with Temu, he adds.Read More →

China’s eateries have been slashing their prices up to half to woo consumers, but marketing expert Ashley Dudarenok warns that this trend might hurt the businesses, as their costs do not go down, she tells Channel News Asia. Business models and their effects do vary a lot, depending on the age group the industry is focusing on, she adds.Read More →

China’s government is trying to encourage giving birth to children and marriage to offset a fast-aging population. But author Zhang Lijia discovered on a tour in the country China’s women abandon the idea of getting married, she writes in the South China Morning Post. “I believe this trend is driven by educated urban women. It is in line with the trajectories of more developed countries. Once women have a good education and good jobs, they become less keen on marriage,” she writes.Read More →

Independent Australia reviews Ian Johnson’s latest book Sparks: China’s Underground Historians and their Battle for the Future and supports his effort to avoid pressure from the government to forget the past. “Johnson gives us access to some of the recent events that have already been obliterated from Communist China’s official history, from the murderous disasters of Mao’s crackdowns on critical thinking to the cult rise of Xi Jinping.”Read More →

Reuters reviews China’s latest blockbuster “Upstream”, casting a rare and harsh light on the country’s biggest economic pain points. “An uncertain job market, downward mobility, and the hardscrabble life of millions who are working gig jobs.” Marketing expert Ashley Dudarenok sees a profound change among the previously optimistic consumers, who pushed ahead the country’s economy in the past, she tells Reuters.Read More →

Former Alibaba executive Sharon Gai explains how AI is changing the retail industry beyond recognition. Amazon was the pioneer in this field, although now nobody can ignore the change AI is causing globally.Read More →

China’s economic situation has deteriorated over the past two months, says business analyst Shaun Rein in a discussion on CNBC. The hope for a financial bazooka to boost the economy by the government has not materialized and is unlikely to do so. The government seems fine with the current 4/5% growth and also lacks the money to spend as tax income has remained poor, while geopolitical challenges forces the Chinese government to be prudent too.Read More →

Why is China calling itself a democracy when it is not according to most definitions? China scholar Ian Johnson, a fellow at the Wissenschaftskolleg zu Berlin, discusses this and other political issues at the Council on Foreign Relations. In the same way, it is not a dictatorship where Xi Jinping can decide on all issues in the country, he says.Read More →

Former Shanghai-based foreign correspondent Howard French recently returned to Shanghai for the first time after corona and takes stock of its current state, by talking to Chinese and foreign residents in the city. In Foreign Policy he reports about these findings. French: “All I can say with certainty is that we are all in for a turbulent, costly, and possibly dangerous ride.”Read More →