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What To Do When You Fail in China (Pt 2): Ford vs. Fiat

In Part 1 (article here), I wrote about how both Carlsberg and Danone encountered setbacks in China. And then how Carlsberg, in particular, came back and succeeded. In this article, I have two more examples of “what to do when things go wrong in China”. This time in automotive. I think the story of Ford […]

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How Investment Bankers Can Save Chinese Hospitals

Hospitals are the great exception to the China success story. The private ones are mostly small and appropriately distrusted. The public ones are usually like time traveling back to 1980. While more trusted in terms of actual care, they are operational chaos. And despite lots of recent hype and hope, neither appear to be going […]

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3 Ways Young Chinese Consumers (i.e. Millennials) Are Really Different

There are approximately 200M Chinese between 15 and 24 years of age. They are about 15% of the population and have, by and large, been raised in abundance. Unlike previous generations, most have no memory of hunger or extreme hardship. They have mostly grown up in modern apartments with modern conveniences. They are a very […]

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United Airlines Just Got Dragged Down the Aisle by Chinese Consumers

The video of bloodied David Dao being dragged down the aisle of a United Airlines flight went global on late Sunday. It became news everywhere but it was the reaction in China that was probably the most surprising for United Airlines. There are lots of opinions as to why the Chinese reaction was so strong […]

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Will Alibaba, Tencent, or Wanda Win in Chinese Entertainment? (Pt 1 of 2)

Alibaba Pictures and Tencent Pictures are two companies I keep a close eye on. They appear very well positioned to win big in Chinese entertainment. And they are making unconventional moves in an industry that is both emerging and being disrupted at the same time. I recently spoke with a colleague at Alibaba Pictures. It […]

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The 5 Weirdest Menu Items at Pizza Hut China

I eat at Pizza Hut in Beijing all the time. Partly cause it’s close to campus and partly because the brutality of Chinese restaurant competition is fun to keep an eye on. Chinese restaurants are developing economy hyper-competition. They fight for good locations. They fight for managers and a cool look (plus continual renovations). The […]

Disney’s Beauty & the Beast Saga is About China & Malaysia – But Also About Emerging LGBT Asia

Disney’s Beauty and the Beast indefinite delay in Malaysia, due to its “exclusively gay moment”, has been lifted. Disney refused to release the movie in the country without it and Malaysia caved. Meanwhile, the movie has opened huge in China, with 100,000 reported screenings on its opening night. This constituted 43% of China’s screenings that […]

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My Favorite China Articles for March 2017

Greetings from Peking University in Beijing. It has been an amazing month. Lots of big developments in US-China business. And, in a crazy bit of luck, I ended up talking with Warren Buffett for a couple of hours over lunch – which I have written up in the articles below. Cheers, Jeff – Articles – Grocery […]

How Alibaba Pictures is Disrupting Chinese Entertainment

Two years into Alibaba’s push into entertainment, its movie arm, Alibaba Pictures, has a growing pipeline of produced and acquired content. It is regularly doing domestic and Hollywood deals for film production, financing and distribution. And it is making unconventional moves in cinema software, online videos, ticketing apps and film crowdfunding. Putting it together, the […]

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

During the 2007 financial crisis, former Citigroup CEO Charles Prince famously said: “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance.” Looking at the bike-sharing business in China today, you see a lot of such dancing. You […]