Who will be winning the race in innovation, China or the US? Marketing expert Ashley Dudarenok expects China will have advantages, not only with Deepseek playing its way into AI development but also for robotics to NEVs, quantum computing, and eVTOL she explains at the Jing Daily.Read More →
The number of billionaires has increased more in the US compared to China for the first time in ten years, according to the latest 14th annual Hurun Global Rich List, according to Barrons. “It’s been a tough year for luxury, telecommunications, and real estate in China”, writes Rupert Hoogewerf, chairman and chief researcher of the Hurun Report.Read More →
China’s President Xi Jinping met last week with the country’s major tech leaders, for the first time he did so since 2018. Business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, discusses the importance of this policy change after the country’s tech industry suffered from a major crackdown in the past years, he tells at the Thinkers Forum. China’s industrial leaders heard it is ok to make money again after a long time, he added.Read More →
According to Shanghai-based business analyst Shaun Rein in The Global View, capital is moving back to China, and the country will be back in business in six to 12 months. In the short run investors in the stock markets have to be careful, as China’s stock markets behave more like volatile retail markets where institutional investors have little influence. He adds that the tech markets will especially be booming again now Xi Jinping showed his full support for the sector.Read More →
China expert Kaiser Kuo attended this year’s World Economic Forum in Davos and wrote up the three trends shaping China’s development for the Weforum. Including how China is managing multiple transitions, its role in the global industry, and the country’s latest breakthroughs in artificial intelligence.Read More →
The international march forward of China’s EV producers profoundly influences the supply chains. China veteran Kaiser Kuo looks at the World Economic Forum in Davos, especially at CATL, the market leader for batteries in China, and a magnet for geopolitical tensions, he writes at the WEForum.Read More →
2024 was a bumper year for BYD, but it might face tough challenges to maintain its current lead in the automotive market, says marketing analyst Arnold Ma, founder of Qumin, in Campaign Asia. “Initiatives such as reducing carbon footprints, ensuring fair labour practices, and engaging in community development that resonate positively with stakeholders should continue to stay in focus,” he writes.Read More →
China’s new energy industry is key in creating wealth, says Rupert Hoogewerf at the Hurun website, reporting on the the Global Unicorn Index 2024. “In the latest Hurun China Top 500, new energy has risen to fifth place, with 36 companies making the cut. This was significantly up on just five years ago, when there were a mere 14 new energy companies, making the industry not even a Top 10,” says Rupert Hoogewerf.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 →
China’s EV brands like NIO and BYD are currently beating Tesla, says Shanghai-based business analyst Shaun Rein at CNBC. While China’s automotive industry is pushing out new models and innovations, Tesla looks old-fashioned with a model that has not changed over the past six, seven years, he adds.Read More →
Business analyst Shanghai Rein hits out at the NEV taxes the US has implemented and the EU is planning to start too. China has dealt with domestic pollution as asked by the rest of the world and developed its electric car industry, and now gets hit, he argues. While tensions between China and the EU are growing, they will not be as back at the US-China trade war, he expects, as China still needs investments from Europe.Read More →
Tesla is losing its China market in the competition with its Chinese competitor. It might lose the rest of the world unless foreign protectionism saves the American car, says Shanghai-based business analyst Shaun Rein at CNBC. Nobody can beat China when it comes to price wars, he adds, and Chinese manufacturers will dominate the market in five to ten years, he adds.Read More →