Lots of bearish news right now but there are a couple of opportunities such as selling real-estate to Chinese buyers in foreign countries (specifically the US, see the last link) as well as finding ways to get big Chinese brands overseas. Can your firm do either? Thanks to Mike, James H and Sinocism for some of the links.
- Developers raze ancient tombs from China Daily (three weeks ago I went to the Shanghai Natural History Museum. they had a couple of mummies from the song dynasty and a few dinosaurs. the facility could definitely use a few more of both and a facelift…)
- All About the Maos: Charting China’s Cash Crunch from The Wall Street Journal (a friend working in the financial center in pudong says he thinks this was planned to squeeze out shysters and to discipline other banks, we’ll see how long until special interest groups fight back)
- Hare vs. Tortoise: How Chinese Brands Are Trying to Go Global from The Wall Street Journal (can you help them bring their brand to your city?)
- Baidu Launches Official Antivirus Software With Kaspersky from China Tech News (aside from AVG and AdAware, who uses other stuff? others always seems bloated and malware-ish itself)
- Photos: Beckham in Shanghai, Stampede Ensues, Seven Injured from The Wall Street Journal (at a local college, trip cut short)
- Awfully Successful: Is This China’s Worst Blockbuster Ever? from The Wall Street Journal (just like Lost in Thailand was a surprise hit, local tastes are hard to guess beforehand)
- Fun While it Lasted: Manny Dumps Taiwan from The Wall Street Journal (I went to one baseball game when i lived in Kaohsiung, quite fun experience, lots of audience participation)
- Tencent’s WeChat Boasts 50 Million Registered Users from China Tech News (WeChat is the English-based, foreign-promoted version of Weixin)
- Stratasys acquires MakerBot in $403 million deal from C|Net (I mention both of them in Chapter 7 regarding 3D printing and exporting manufactured goods)
- In China, Philanthropy Gains Cachet from The Wall Street Journal (almost no transparency in local NGOs, non-profits, charities, etc. this is not to say that there are no stink bombs in the US too; to be even handed here are 50 of the worst charities in the US)
- Chinese billionaire buys 007’s yacht maker from CNNMoney (classy… want one or two)
- Spying or No, China is Stuck With American Technology from Tech in Asia
- Kindle: hot in China from Financial Times (had numerous former students ask me how to get one now that it can be bought on the mainland. Amazon has a big uphill battle against local incumbents who were given a head start by various gov’t entities)
- U.S. Icons Now Made of Chinese Steel from The Wall Street Journal (good example illustrating how unions only care about their membership and not consumers, consumers benefit from the disastrous subsidies that local Chinese government provide their steel makers. why complain about that?)
- China Southern’s Lofty Ambitions from The Economic Observer (lots of potential but the flight routes are not profitable with their current planes)
- GM to China’s wealthy: what you really want is a Caddy from Financial Times (i have seen a lot of buicks and caddy’s out here than in my neighborhood back in dallas)
- Chinese Investors Now Have Easier Way to Tap U.S. Property Market from The Wall Street Journal (these investors help prevents neighborhoods from falling into disrepair and brings the educated, wealthy elite a way into the US. win-win for everyone)