China has started to push capital into its sluggish economy, but economists have different opinions on what the government wants to achieve. According to Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, its financial measures are more about stabilizing its economy, not about a full-blown stimulus as it did in the past, he says at the ChinaFile.Read More →
China’s Double 11 consumer festival has kicked off for its longest edition ever with five weeks. Consumption expert Ashley Dudarenok looks at this year’s trends for Campaign Asia. Dudarenok, author and China digital expert predicts that countries such as Singapore, Malaysia, Thailand, Japan, and South Korea—now part of the “free shipping zone”—will see a sharp rise in new users.Read More →
Customer centricity is key in a competitive markets, more than customer friendliness, says marketing expert Ashley Dudarenok on her weblog. “China’s approach to customer centricity has been transformative, driven by a combination of technological integration and a deep understanding of consumer behavior,” she writes.Read More →
Islam and Christianity often get a hard time from China’s authorities, while local beliefs, Taoism, and Buddhism enjoy the support of the government. Journalist and researcher Ian Johnson, author of The Souls of China: The Return of Religion After Mao, followed local pilgrimages for almost a decade and recently joined the Wissenschaftskolleg zu Berlin to study the relation between those beliefs and the state, he tells in an introduction at the start of his new study.Read More →
Despite the hope of the international financial community, China is not heading for structural reforms, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to CNBC. Pushing up demand is not high on the agenda for China’s leadership, he says, and they do not want to push up debts levels to new heights.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 →
Leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, says most economists are wrong in suggesting China wants to push consumer demand. Fixing stability is key, he says according to MSN.Read More →
Business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, explains why China’s mini-bazooka will not help its economy in the long run. People need a serious fiscal stimulus, so they are confident about the economy again, he argues in a talk with David Lin. “People have to feel safe again before they are going to spend the money they made again,” he adds.Read More →
E-commerce expert Sharon Gai explains how AI is helping her industry transform challenges into opportunities, speaking at Mike Allton’s podcast on strategic marketing with AI. Gai has extensive experience in China and uses her insights to help e-commerce stay competitive in a fast-changing industry.Read More →
AI expert Alvin Wang Graylin, working at HTC, explains why he co-authored his recent book on the AI Powered Metaverse Our Next Reality: Preparing for the AI-powered Metaverse, in a discussion in the AI Shift Podcast.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 →