With the continued shift in power to the people, the creator economy will evolve to become more about creators and their fans co-creating, sharing in the money-making opportunities. The future of this economy isn’t only reliant on fans; the expectation is there will be an emergence of othe...
China’s economy is facing grave challenges. Given the rising tensions with the West, the outlook for continued export-led growth appears dim. At home, China’s giant property bubble has begun to deflate. During the years ahead, China’s economy may grow much more slowly than current estimate...
It comes as China’s influence on the global economy is projected to expand even more. Since its founding 70 years ago, the country’s trade and investments with the world have increased tremendously. On Oct. 1,Chinawill celebrate its 70-year transformation into an economic superpower — just...
China’s economy is neither a market economy nor a planned economy but, rather, it is a combination of both. SOEs, POEs (both local and foreign), local governments and central government, all play critical roles in China’s unique economy. For Chinese companies, particularly the POEs, the ...
Another trend is the development of what are becoming known as “business families,” where multiple businesses may be owned and operated by family members. In this model, preserving the original family business becomes less important than maintaining the family’s value system and entrepreneurial ...
Malcolm Scott
The FCI found that consumers in China are significantly more upbeat on both the outlook of their national economy and their personal finances than their global counterparts. Barring other demographic considerations, this will likely lead to a strong incentive for discretionary spending. This also ...
Chinese traditional culture is generally accepted by the world in the post-industrial age. Learning Chinese is an indispensable way to have a better understanding of Chinese distinct culture and long history. Whats more, Chinas robust development of economy also attracts more and more foreigners to ...
China's top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China's property market have much deeper roots.
So what explains China’s booming influencer economy? One word: trust. As Mark Tanner, the MD of research firm China Skinny told the Wall Street Journal, “For many, Chinese KOLs are the most trustworthy and authentic source of information, particularly as there are relatively few other ways ...