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.
– Articles –
Online-to-offline in Chinese retail is a big deal. I think supermarkets are going to be a really interesting part of this.
China’s “ghost cities” were mostly a media creation (a catchy term + cool photos). Urbanization continues. Wait 5 years. Most were really just “too early to market” cities.
Chinese express delivery is as attractive a macro-story as I know of anywhere in the world.
Whenever I think of Chinese millennials, i think of this Nike ad. I really like the spirit of it.
– Books and Reports –
By McKinsey & Co.. I re-read this book every year or two. I really like how clean the logic is in each section. Great, clear thinking.
No Ordinary Disruption
By Jonathan Woetzel, my sometimes co-author and co-professor. Just a ton of great detail on four big global trends (aging, tech, connectivity, urbanization).
– My Recent Articles –
This is actually a 4 part article that details the whole trip, the Berkshire companies we visited and Warren’s Q&A and lunch with us. Sort of long. The below is a shorter article on this.
For example, I didn’t know he has a gold McDonalds card that gets him free lunch for life.
#3 is that President Trump will discover Chinese consumers are listening very closely to him.
– A Final Funny One –
His homemade copter can go 200mph..
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)
If you would like to read my posts, please click ‘Follow’.
If you would like my recommended China reading list, you can get it at www.jeffreytowson.com. You can also get a free chapter of my One Hour China Book there as well.
Photo by Stefan Wagener on Unsplash