China threatened Canada with severe consequences after it arrested Huawei’s CFO Meng Wanzhou on the request of the USA. Business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, spells out what those consequences could be for AFP.Read More →
Despite talks of trade war and erratic tweets and policies by US president Donald Trump, China’s rich still see in the US the preferred destination for migration, says the 2018 Hurun report on immigration and China’s HNWI’d. And despite talk of the Brexit, London is moving upwards in its annual rankings, says Hurun chief researcher Rupert Hoogewerf.Read More →
The China’s luxury Consumer Price Index (CPI) rose 3.6% on a yearly basis in 2017, both based on more wealthy Chinese, and an uptick in the money they spend. Chief researcher of the Hurun China rich list Rupert Hoogewerf says expenditure on real estate, Tesla and Baijiu going up, he tells in Asia Times.Read More →