Photo Jul 16, 6 09 17 PM

My Explanation for the Stunning Power of Mobike, Ofo and China Bike-Sharing (Pt 1 of 4)

Whenever I see a small company having a startling large impact on the world, I look for an engine. I look for something that is amplifying what a relatively small number of people are doing. For example, the engine that rocketed Facebook (and Wechat) upwards was the economics and psychology of social media (plus viral […]

Photo Jul 16, 6 09 22 PM

摩拜和Ofo会合并吗?

我认为我们目前正处于中国共享单车/单车出租热潮第一阶段的尾声。 现在的共享单车行业有几个比较明显的行业领导者—-摩拜和Ofo. 大量的中国消费者每天都会使用共享单车,且仍呈快速增长之势,这绝对不是一时的消费热潮。 企业的经济前景愈加清晰。租金收入依然会是其主要部分,未来广告收入也会是其中的一部分。例如,有一些ofo自行车上已经投放小黄人广告(如下图)。也许未来它们还会涉足快递和电子商务产业,并获取相应收入。 最后,《摩拜白皮书》(Mobike White Paper)公布出来的数字也很有趣。2017年的(Mary Meeker / Hillhouse report)也非常看好这一行业。

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越来越任性的中国消费者正在影响整个世界

中国消费者的规模和财富持续稳步扩大。有关这一经济趋势的研究已很详尽。但人们经常忽略的一点是,这些消费者不断改变的行为正在经常性地影响着整个世界。 突然间,中国消费者心意的转变开始左右全球经济走势。未来几年,这种现象将日益引人瞩目。

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解读现代中国——我最喜爱的地图

上(下)文所示的“集群”地图最初由麦肯锡公司绘制。我认为,它充分说明了现代中国的三个重要特点。 第1点:今天的中国由一系列城市集群组成,而不是一片大陆 今天的中国尚未形成一体化的大陆经济,不像美国那样,拥有无缝连通全国各地的基础设施。未来可能会这样,但目前尚未实现。

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寰宇保险代理有限公司(Pacific Prime)总裁尼尔·雷蒙德(Neil Raymond)对中国/亚洲医疗保险业前景的见解

寰宇保险代理有限公司由尼尔·雷蒙德于2000年创立,总部位于香港,是亚洲顶级的国际医疗保险产品代理商,以旅居国外人士为重点客户群体。公司对中国和亚洲医疗(及其他类型)保险业之当前变化形势有着极为深刻的见解。本人有20多年的医疗保健和医疗保险从业经历,这使我能够经常向尼尔咨询医疗保险方面的问题,而他总是会一一回答这些问题。以下是他对我近期的部分问题所作的解答。

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How Tmall Became a Midwife for Chinese Cross-Border M&A

In recent years, Taobao, Tmall and other online shopping sites have created a new way for Chinese consumers to buy foreign goods directly online. This new sales channel, commonly known as haitao, has, unsurprisingly, produced a surge in online purchases of vitamins, milk powder and other products Chinese have already been buying on trips overseas. […]

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What to Do When You Fail in China (Pt 1): Danone vs. Carlsberg Beer

The Chinese market is difficult and failure is common. This is true for both domestic and foreign companies. But the country is also huge and there is almost always another opportunity available. The brutality of the Chinese market is compensated for by its breadth. French food company Danone and Danish brewer Carlsberg Group provide good […]

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3 Questions for the Yum! China Spin-Off (i.e., KFC, Pizza Hut) Going Forward

So Yum! China has been spun-off. A reasonable move that gave them increased owner/management focus. It also gave some activist hedge funds a nice return. And the new spun-off Yum! China entity has released its first 10-Q, which was some interesting reading. But there are now some important challenges going forward. These are widely discussed […]

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How China’s “Puff Daddies” Became the World’s Biggest Smokers (Probably)

Question: What do you get when you put the world’s biggest smokers in the world’s most polluted cities – and then wait for +20 years? Answer: You get approximately 20M super-smoking Chinese men. A unique population that has likely inhaled more carcinogens than any other human beings alive. And as they are almost all men, […]