France is the top destination of luxury traveler, followed by the US and Australia. The Maldives, Switzerland and Dubai are the fastest growing, tells Rupert Hoogewerf, founder of the rich list in the Shanghai Daily.Read More →
Former colonial powers have been anxiously watching how China has been entering Africa. While it is too early to give a final verdict, former foreign correspondent in Africa and China Howard French sees more positive than negative effects, he tells in AllAfrica.Read More →
The famous Hurun’ Rich List released its Global edition of 83 individuals with 10 billions US dollar or more in assets, Hurun’s founder Rupert Hoogewerf told news agency Xinhua. Five of them are Chinese.Read More →
Chinese might consume more than ever, they certainly do not buy as much as previously anticipated, and certainly not that much American stuff. Retail analyst Paul French looks into the issue at The Daily Star.Read More →
China’s economy shows a slight slowdown, and some economists predict it is the beginning of the end of China’s growth story. Not true, says economic analyst Arthur Kroeber in the New York Times. Despite a dreadful European economy, China is doing ok.Read More →
The Europeans, especially the Belgians and the Swiss, bring China the ideal gift for the wealthy: chocolate. Shanghai’s World Chocolate Wonderland showcases. Fine chocolate is high on the agenda of affluent shoppers, tells business analyst Shaun Rein in the Financial Times.Read More →
Google Analytics offers a wealth of data, and now and then we want to share them with you. Today, the top-10 visitors for November 2011 by country. From our observations, those data are not always flawless, but since they are the only we have, we will stick to them for the time being. Read More →
China is not going to bail out Europe, tells business analyst Shaun Rein at CNBC, only Europe itself can save Europe. China has its own problems, although consumption is expected to rise for the wealthy, while the poor get hit hard by inflation.Read More →
Europe is hoping to tap into China’s foreign reserves, but at the same time try to keep on talking tough on trade issues. Europe should get its act together before they turn to China, tells Shanghai-based business analyst Shaun Rein in CNBC. And China has become more purdent in bailing out other economies.Read More →
No, says business analyst Shaun Rein, when he has to answer the questions whether China should use its foreign currency reserves to support the European Financial Stability Facility (EFSF). In CNBC he argues that Europe should hold up its own financial pants.Read More →
Is China able and willing to bail out Europe? Political and financial analyst Victor Shih does not exclude the possibility, but he tells in Global Post, if China does so, it is not going to boast about it in public. What are the effects of China’s own debt problems on the world?Read More →
Europe is more than ever looking at China as a way out of its financial misery. But business analyst Shaun Rein argues in CNBC that buying Italian bonds is not in the interest of China, or the world. Read More →