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My Favorite China Articles for April 2017

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Hello from Peking University,

It has been a whirlwind of meetings and travel this month. I now call visiting three countries in a week a “triple”.

There have been some interesting China business events recently, especially the United Airlines incident. Below are my comments on that – and my favorite China articles and books for April.

This is my monthly recommended China reading list.

Cheers, Jeff

– Articles – 

China’s Mama Media Nurtures Next-Generation Parents

A fascinating look at how young Chinese mothers are replacing traditional thoughts and advice on parenting with social media.

http://www.sixthtone.com/news/china%E2%80%99s-mama-media-nurtures-next-generation-parents#jtss-linkedin

In China, ‘Disney’ Deals Turn Out To Be Fantasy

Some great reporting by Sui-Lee Wee of the NYTimes – uncovering what appears to be some fake deals by someone who doesn’t appear to exactly be a master criminal.

https://www.nytimes.com/2017/03/29/business/china-walt-disney-fake.html?_r=0

China’s Consumers Hate Airbnb’s New Chinese Name So Much That They Are Brainstorming a New One

Airbnb’s new name sounds funny in Chinese. And it can be translated to “love must be hard”. Chinese netizens are having fun with it.

https://qz.com/939253/chinas-consumers-hate-airbnbs-new-chinese-name-so-much-that-they-are-brainstorming-a-new-one/

Plans for a Quiet Corner of China Send Home Prices Soaring

The new Xiongan district near Beijing has shown that guanxi-related real estate still rules in China. A good summary.

https://www.nytimes.com/2017/04/03/business/china-economic-zone-xiongan.html?_r=1

– Books and Reports –

Faraday, Maxwell and the Electromagnetic Field: How Two Men Revolutionized Physics

Not a China book (good ones don’t come out every month). But a stunning story. My favorite book of the past year.

https://www.amazon.com/Faraday-Maxwell-Electromagnetic-Field-Revolutionized-ebook/dp/B00F8EYYJ6/ref=sr_1_1_twi_kin_2?s=books&ie=UTF8&qid=1492736088&sr=1-1&keywords=faraday+maxwell+and+the+electromagnetic+field

The Party: The Secret World of China’s Communist Rulers

By Richard McGregor. Pretty much required reading for China.

https://www.amazon.com/Party-Secret-Chinas-Communist-Rulers-ebook/dp/B003L77ZTS/ref=zg_bs_156629011_7?_encoding=UTF8&psc=1&refRID=GAWC6SM4EVQ96DXSZKGK

 

– My Recent Articles –

United Airlines Just Got Dragged Down the Aisle by Chinese Consumers.

This was the first time United Airlines got a big reaction from Chinese consumers – and they didn’t see it coming. But they should have been playing smart offense and fast defense. They should have been ready.

https://www.linkedin.com/pulse/united-airlines-just-got-dragged-down-aisle-chinese-consumers-towson

How Hype and Greed Are Ruining Chinese Ride-Sharing (i.e., Mobike and ofo)

Looking at the bike-sharing business in China today, you see a nice, simple business that has been deluged with hype and money. You also see a lot of very questionable, non-economic behavior that will probably end badly, especially for investors.

https://www.linkedin.com/pulse/how-hype-greed-ruining-chinese-bike-sharing-ie-mobike-jeffrey-towson

3 Life Lessons From Lunch With Warren Buffett

I have written a lot about my trip with 20 Peking University students to meet Warren Buffett. A couple of ideas from that meeting have really stuck with me. As they are more personal than business, I am putting them under the heading of “Buffett Life Lessons”

https://www.linkedin.com/pulse/4-life-lessons-from-lunch-warren-buffett-jeffrey-towson

 

– A Final Funny One –

Shenzhen Park Flooded with Thousands of Shared Bicycles

Some cool pictures of thousands of brightly colored bicycles.

http://shanghaiist.com/2017/04/05/shenzhen_bike_apocalypse.php

——–

Thanks for reading.

My writing (and speaking) are on how rising Chinese consumers are changing the world. (#ConsumerChina). This also includes work on:

  • China 2025″ – what a region transformed by Chinese consumers, companies and capital is going to look like. (#China2025)

Top photo by ® Ryan_xm, Creative Commons license with link here.

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