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The Very Symbolic Collision of Sotheby’s-Christie’s and Poly-Guardian in China Art (Pt 2 of 2)

*The following is an excerpt from our One Hour China Consumer Book (which is available here.). In Part 1, I told about how Christie’s and Sotheby’s have been involved in Chinese art for decades – and have recently entered China directly. This puts them in basically the wild west of the art world. Part 1 […]

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The Adventures of Sotheby’s and Christie’s in the Wild West of Chinese Art (Pt 1 of 2)

*The following is an excerpt from our One Hour China Consumer Book (which is available here.). “In September 2013, premier art auction house Christie’s held its first-ever auction in China. They have had a representative office in Shanghai since 1994. And they have been running auctions out of Hong Kong for decades. But this small […]

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The Awesome But Mostly Unknown Story of Carlsberg Beer in China (Pt 2 of 2)

*The following is an excerpt from our One Hour China Consumer Book (which is available here.). Part 1 of this story is here. Sunny and Carlsberg Leave China Sunny Wong joined Carlsberg China as a sales manager in 1987, six years after Carlsberg had opened its first China brewery (in Hong Kong ). Carlsberg’s first […]

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The Awesome But Mostly Unknown Story of Carlsberg Beer in China (Pt 1 of 2)

*The following is an excerpt from our One Hour China Consumer Book (which is available here.). “This story starts in 1999 and it centers around a Hong Kong native and long-time Carlsberg employee named Sunny Wong. Sunny joined Carlsberg as a sales manager in Hong Kong in 1987. He rose through the ranks and eventually […]

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5 Things I Learned from My Visit to Mobike Headquarters (Pt 2 of 2)

In Part 1, I gave a summary of my visit to the Mobike headquarters in Beijing – and my meeting with founder Hu Weiwei. That is located here. I ended up touring and asking questions for about 2-3 hours. It was really fascinating. Here are my five take-aways on Mobike and bike-sharing in general. Take-Away […]

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My Visit to Mobike Headquarters and What I Learned From Founder Hu Weiwei (Pt 1 of 2)

In late July, I did a tour of Mobike’s headquarters in Beijing – and I had a fascinating talk with founder Hu Weiwei and VP of International Expansion Chris Martin,. It was a fantastic experience and I left with a much better appreciation of the rocketship ride the company has been on. I am writing […]

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Will Mobike Merge With Ofo?

I think we are officially at the end of Phase I of China’s bike-sharing / bike-rental phenomenon. There are now a couple of clear leaders – Mobike and Ofo. The services are experiencing tons of daily usage by Chinese consumers, and growth is continuing rapidly. This is definitely not a fad. The economics of the […]

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My Favorite Map for Understanding Modern China

The “cluster” map shown above (and below) is originally by McKinsey & Co. I think it really illustrates three important points about modern China. Point 1: China today is a series of clusters, not a continent. China today is not yet an integrated continental economy. You don’t see infrastructure seamlessly connecting each part of the […]

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How Tsingtao, CR Snow and the Other Beer SOEs Won Big in China (Pt 1 of 2)

The Chinese beer market looks similar to beer markets in the rest of the world – mostly regional markets mostly dominated by a few giant beer companies. But take a look at the below chart from 2013. You’ll note that China evolved with one big difference with the rest of the world: The dominating beer […]

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Five Questions for Understanding Didi, Mobike, and China’s New Micro-Rentals (Pt 2).

In Part 1, I argued that there is no new Chinese “sharing economy” – which is why new Chinese businesses like Didi, Mobike, and micro-rentals for basketballs, batteries and umbrellas are kind of confusing. What is really happening is something much more interesting: the emergence of new digital disruptors in access and convenience. The key […]