Journalist Zhang Lijia, author of “Socialism Is Great!”: A Worker’s Memoir of the New China,  is thoroughly impressed by the movie Black Dog, which won an award at Cannes. In her review, she writes, “This Cannes Un Certain Regard winner stands as a richly deserved accolade—a poignant narrative beautifully told. “Read More →

Some e-commerce firms in China have profited from a rally of their stocks, triggered off by a major financial stimulus, but that might not help the economy to really improve, says financial analyst Shaun Rein at CNBC. It’s a rally of exuberance, he adds, and might only triple down into the economy in six to nine months. The real problem is for example companies cannot fire their staff very easily, and make their lives hard, hoping they will leave by themselves, he says.Read More →

China’s massive financial stimulus is good for the short term, but the economy needs more structural change, away from real estate, says Shanghai-based business analyst Shaun Rein to CNBC. While it is good Xi Jinping moves away from politics and ideology and turns to the economy, more is needed to restore long-term confidence in the economy by the consumers, he adds.Read More →

Superinvestor Jim Rogers explains why he keeps on investing in China, although the stock markets in China are doing so badly, compared to the global markets, he tells at the World Knowledge Forum.Read More →

China’s state-owned CGTN’s anchor Karina Mitchell wonders if she might be quickly out of a job when Winston Ma, Adjunct Professor at New York University Law School, explains how dealing with emotion might be AI’s next step to integrate into our lives. Winston Ma is the author of  The Digital War: How China’s Tech Power Shapes the Future of AI, Blockchain and Cyberspace and other books on innovation.Read More →

The metaverse is poised to grow fast in the coming three years, says Rupert Hoogewerf, chairman and chief researcher of Hurun Report, who published a report about the industry, according to the state-owned China Daily. Technology giant Huawei tops the list with the greatest potential in the metaverse for the first time, followed by Alibaba, Baidu, China Telecom and China Mobile.Read More →

China’s electric car makers are doing pretty well, certainly domestically and – perhaps except the US – also internationally, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know. Excess capacity seems mainly a problem for traditional car makers, as demand for EV vehicles is only picking up. Internationally EV makers might face some restrictions, but they seem able to manage those, Kroeber adds in a debate organised by the Asia Society.Read More →

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 →