Based on sales in public auctions, Rupert Hoogewerf, chairman of the Hurun China Rich List, presents the 16th Hurun China Art List, with the 100 most successful artists living in China last year. With a total of US$347mn, the figures dropped dramatically because of the Covid-19 crisis. It still shows amazing financial firepower, promising much for the future, Hoogewerf adds.Read More →
Public opinion in both China and the US about the other country is at a low, and political analyst Zhang Lijia fears those opinions might push both advisories into a new cold war, she argues in the South China Morning Post.Read More →
Marketing expert Ashley Dudarenok identifies three different groups of modern Chinese tourists and gives tips in Dao Insight on how businesses can attract them, especially now they tend to spend their money domestically, not internationally. She says now is the best time to set up 2023 and 2024 strategies.Read More →
China business analyst Shaun Rein looks at the different views China has on the Blinken and Yellen visits for CNBC. Both officials represent a different camp in the Biden administration, and unfortunately, Blinken might have more sway compared to Yellen, he thinks.Read More →
The geopolitical arguments between China and the USA are developing fast. Renowned economist Arthur Kroeber takes the stock right now as US treasury secretary Yellen visits Beijing, for the NPR. How can two major economies disentangle if they rely so much on each other?Read More →
China business veteran Shaun Rein discusses with Cyrus Janssen how China has faced challenges since it opened up post-Corona. Outbound travel has not resumed, expected revenge spending did not happen and consumer confidence is at the lowest rate ever. No, he says, China is not yet back to normal, because consumers sit on their corona savings, unwilling to spend. And foreign investors, while CEOs are going to China, are hesitant to resume investing in China, at least till the end of 2023. But support for Xi Jinping is still there, he sees. Though, expect a tough 10-20 years.Read More →
Hurun rich-list founder Rupert Hoogewerf visited the recent 10th Arab-China Conference in Riyadh and explains why China’s economic interests are moving in the direction of the Arab world: new energy, building infrastructure, and rapid industrialization, he tells at Arab News.Read More →
China veteran and scholar Ian Johnson will publish in September 2023 his next book Sparks: China’s Underground Historians and their Battle for the Future. “It describes how some of China’s best-known writers, filmmakers, and artists have overcome crackdowns and censorship to forge a nationwide movement that challenges the Communist Party on its most hallowed ground: its control of history,” writes Ian Johnson at his weblog.Read More →
Political analyst and senior fellow at the Council of Foreign Relations Ian Johnson gives a fast overview of the issues ahead of US Secretary of State Anthony Blinken visit to Beijing, including the US-China relations, Cuba, Ukraine, Taiwan, and more for CBS News.Read More →
China’s central government surprised this week by supporting its economy by a string of measures including cutting interest rates. Financial analyst Ben Cavender expects more action in the coming months, but meanwhile, foreign investors get jibberish and that might offer great opportunities for other economies like India, he adds at CNBC-TV18.Read More →
China launched its first homemade cruise ship, as this part of the tourist industry struggles to stay afloat. But consumption expert Ashley Dudarenok sees a bright future for cruises from China, as this industry is still in its infancy in a country where many look for alternatives, she tells at state-owned broadcaster CGTN.Read More →
Young entrepreneurs should dream bigger, says Hurun chairman Rupert Hoogewerf, publisher of the Hurun China Rich List, based on his talks with many rich in China.Read More →