Expensive watches and liquor are on the watch list, as China is going through an anti-corruption drive, tells Hurun Rich list founder Rupert Hoogewerf Reuters. Less-expensive gifts are the trend.Read More →
China’s government is trying to change its economy from export and investment oriented into a consumer nirvana. Unfortunately, writes retail analyst Paul French in Channel4, corruption and inflation hinder that policy greatly. What will the upcoming CCP-congress bring?Read More →
Disposed Chongqing leader Bo Xilai might have left behind a more prosperous city, that wealth comes at a price, as Chongqing’s debts are far higher than China’s average of already high liabilities, tells financial expert Victor Shih in the Wall Street Journal.Read More →
Officially corruption is not done, also in China. But a bit of corruption can be very useful, explains author Zhang Lijia on her weblog. For example, when you have to catch the train to Nanjing on 9 a.m. and you do not have the right ticket.Read More →
Political scientist Victor Shih looks in The Financial Times into the trial of government officials after the Shanghai fire, costing 58 lives last November. “A disturbing pattern of corruption, which is endangering the lives of millions around China.”Read More →
Real estate, pollution, corruption and other features might make China’s economic development inefficient, but those inefficiencies will not hurt core economic growth at this stage, tells economic analyst Arthur Kroeber to Reuters. Read More →
Shaun Rein explains what he has learned about doing business in China, and how US companies like Google could learn from it. Publicly yelling mostly does not work, he argues in Forbes, describing his first approach with a corruption case a decade ago.Read More →
Shaun Rein by Fantake via Flickr The situation in China has very little in common with Egypt, says Shain Rein in CNBC, but China’s leadership can learn a few lessons from the country’s turmoil. When trouble will occur, it will come from the students, not the middle class. While itRead More →
Shaun Rein by Fantake via Flickr One of the root causes for corruption in China is that government officials, doctors and others get a very low pay. Shaun Rein describes in Forbes why the idea of ending up in a Chinese hospital sometimes keeps him awake at night: Why isRead More →
Shaun Rein is the Managing Director of the China Market Research Group, the world’s leading strategic market intelligence firm focused on China. He is one of the world’s recognized thought leaders on strategy consulting in China. In 2012 he published the bestseller “The End of Cheap China.” He travels from Shanghai.Read More →
Rupert Hoogewerf is founder and compiler of the Hurun China Rich List. The list is the flagship product of Hurun Report, a luxury publishing and events company founded by Hoogewerf in 1999, which produces 20 Chinese-language magazine issues a year aimed at China’s wealth creators. Hoogewerf’s close personal relationship with many of China’s leading entrepreneurs provides the basis for the company’s busy calendar of events. He travels from Shanghai.Read More →
Current: Partner and Chair, Emerging Markets Practice, Berkeley Research Group LLC (Global Litigation Expert Witness Consulting Firm on Trade/Investment Disputes and Arbitration, Antitrust, CFIUS, Corporate Governance, FCPA, Regulation, and Damages); CEO and Managing Partner, Proa Global Partners LLC (Global Transaction Advisory Firm); Johns Hopkins Faculty; Corporate Board Director; Monthly ColumnistRead More →