What Airbnb Should Do Differently Than Uber in China

This is really Part 2 in a series of articles of how Chinese and Western platform businesses are increasingly competing. In Part 1, I laid out some basic theory for this (you can read here). Based on this thinking, I think Airbnb should do 6 things differently than Uber in China.: #1: Airbnb will need […]


Should You Do Part (or All) of an MBA in China? A Peking Univ Professor’s Opinion.

I’ve done five years of teaching at Peking University’s Guanghua School of Management in Beijing. I’ve now seen thousands of MBAs come and go. Some do a semester or a year. Some do their entire MBA in China. One question I do get a lot is: Should you do part (or all) of an MBA in […]


My Favorite China Articles and Books for August 2016

Greetings from Peking University in Beijing. I send out a monthly reading list with the best China articles and books I have come across. If you would like to be on this list, you can sign up at www.jeffreytowson.com. Also, if you come across any really great articles, please send them to me. Here’s my […]


Three Forces Will Determine Disney’s Fate in China

One of the big stories of 2016 was the opening of Shanghai Disneyland, which went off without a hitch (well, except for the rain). Looking back, I mark the opening as the firing of the starter’s pistol in the race to become the “Disney of China”. In many other industries, the winner in China is […]


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 […]

1 Chart Shows Chinese Are Still Saving Like Crazy

Below is a chart based on Credit Suisse data (re-created and adapted). It compares Chinese consumer spending to other emerging market consumer spending (India, Brazil, etc.). The big difference that jumps out is the savings rate. The high rate of Chinese savings is understandable. First, it’s cultural. Second, they are precautionary savings. No social safety […]


Want Real China SOE Reform? Let AB-InBev and the Crazy Brazilians Run Snow Beer.

AB-InBev is closing their $104B mega-acquisition of SABMiller. As part of this, they agreed to sell SAB’s 49% stake in Snow beer . This was a preemptive move to get Chinese regulatory approval. As a result, quasi-SOE CR Snow will now become 100% state-owned (by China Resources Enterprise). This is a real shame. Because lost […]


Why Chinese Moms Are the World’s Most Important Consumers

The big China consumer stories of the past year have included a vaccine scandal, food contamination scares, surging overseas home buying, and continued rising consumption by urban families. These stories, in reality, are mostly about Chinese women as an ascending consumer class. More specifically, they are about Chinese moms, who are quickly becoming the most […]


Senior Housing, Public Hospitals and Other China Businesses to Avoid

If something hasn’t happened yet in China, there is probably a good reason (or reasons) why. Here are four China businesses that are frequently in the news as big opportunities. But I think they all fall into the category of “well, if it’s so great then why hasn’t it happened yet?”. Thus, I think they […]