China is pondering to throw in a currency deal in its trade negotiations with the US, maintaining the value of the Renminbi, to pacify the doves in the White House. But that might be a wrong idea, say analysts like economist Arthur Kroeber, who point at Japan. Japan agreed to a currency deal in 1985 as has paid for it dearly, writes the South China Morning Post.Read More →

Global gloom has hit billionaires worldwide, but especially in China, as 213 lost their position at the China Hurun rich list. Globally 430 dropped off the global edition. Poor performance of the stock markets mainly caused the drop, says Rupert Hoogewerf, chief researcher of the Hurun rich list in the SouthRead More →

A dramatic consolidation has made life tough for all startups in China, including those focusing on travel, says William Bao Bean, the managing director of the Chinaccelerator, China’s first and leading startup accelerator based in Shanghai, to Phocuswire. Opportunities he still sees for the fast-growing number of outbound Chinese tourists.Read More →

China’s bad loans are increasing, but the country’s financial authorities have been trying to crack down on this source of financial stability. How are those efforts faring now China is suffering from a relative drop in economic growth. Financial analyst Sara Hsu discusses the dilemma’s the authorities are facing especially now the trade war is ongoing.Read More →

China’s internet giant Tencent has become a winner, first by copying US competitors, but now it has become their inspirator, says Tencent-watcher Matthew Brennan to Leadersleague. “WeChat does not monetize data, but it is a growth lever for other businesses in the Tencent group. It’s a bit like iOS or Android in that regard,” says Brennan.Read More →