Bell (Finally) Rings for Telecoms Reform

Friday, May 30th, 2008

It has been a long wait (we flagged it back in November 2006), with lots of talk, lobbying and political positioning, but the long-expected reforms of Chinese telecoms sector have now been announced. The Economist reported: “BY ANY measure—revenues, employees, customers—it is the largest industrial reorganisation ever. And, reflecting how business is done in China, […]

How to Lose Friends and Alienate (1.3 billion) People

Friday, May 30th, 2008

Well done Sharon Stone – for providing a classic example of what not to say (see the link below for how she thinks the earthquake was a result of bad karma). The media, and the Chinese people, have been quick to react to La Stone’s almost unbelievable comments. Forget the obvious confusion about politics, religion […]

Sichuan Earthquake: Blog (and Business) Aid

Wednesday, May 21st, 2008

As the scale of the tragedy in Sichuan has become apparent – with over 40,000 killed, and millions now homeless – people around the world have responded with generous support for the victims and their families, and for all of China. Donations have been coming thick and fast – most of it from within China […]

The Carrefour (And CNN) That Chinese Consumers Don’t Care For

Monday, April 28th, 2008

While some have already commented eloquently on how business blogs might deal with Big (political) issues, this one will continue to do what it says on the tin (i.e. put China business issues in context). But some political things are having a business impact (no great surprise there!). Right now Carrefour (perhaps unfairly, and mainly […]

More SWF ODI

Monday, April 21st, 2008

We recently had Chinese ODI digging into the mining giant Rio Tinto , and France’s Total. Now it is the UK’s oil company, BP, that is receiving investment from China (in the form of a sovereign wealth fund), as Forbes reports: “China has quietly accumulated nearly a 1% stake in BP to help secure its […]

FX + ODI + OIL = TOTAL

Sunday, April 6th, 2008

China’s overseas direct investments (and lucky near misses) are hitting the headlines with increasing regularity. And it is not just the sovereign wealth fund, CIC, that is driving the action. In the latest news, China has taken a stake in Total. The FT (via Bloomberg) reports: “The Chinese agency that manages the world’s largest foreign […]

Brands for China’s Wealthy Consumers

Sunday, April 6th, 2008

While McKinsey are talking about China’s Urban Billion, others have (rather optimistically) written about a billion Chinese customers. There is no doubt that China does have a growing (and changing) consumer market, but it is challenging to understand and even harder to access. Luckily, plenty of research is being done. China Law Blog points to […]

Retail Reality

Tuesday, April 1st, 2008

While there can be little doubt that the future of retail in China, and of the Chinese consumer market generally, is full of potential, it is not without its challenges – as seen by big international players like Best Buy and Kingfisher. Access Asia report in their newsletter on the Best Buy situation under the […]

Timing Is Everything (For ODI)

Tuesday, April 1st, 2008

More on Chinese overseas direct investment (ODI), and lucky break for Citic Securities. As world markets suffer turmoil, China’s new breed of overseas investors have been walking through a mine field. There are some bargains to pick up, but timing is critical, as Citic have found – no doubt to their everlasting joy. The International […]

Media + WTO = No?

Monday, March 3rd, 2008

While China has been hit at the WTO on (among other things) a recent ruling in the auto sector (is it a punitive tax or a measure to counteract tax evasion?), the media remains one of those “sensitive” industries that plays according to slightly different rules in China…so it is not much of a surprise […]