Hello from Peking University,
It has been a whirlwind of meetings and travel this month. I now call visiting three countries in a week a “triple”.
There have been some interesting China business events recently, especially the United Airlines incident. Below are my comments on that – and my favorite China articles and books for April.
This is my monthly recommended China reading list.
– Articles –
A fascinating look at how young Chinese mothers are replacing traditional thoughts and advice on parenting with social media.
Some great reporting by Sui-Lee Wee of the NYTimes – uncovering what appears to be some fake deals by someone who doesn’t appear to exactly be a master criminal.
Airbnb’s new name sounds funny in Chinese. And it can be translated to “love must be hard”. Chinese netizens are having fun with it.
The new Xiongan district near Beijing has shown that guanxi-related real estate still rules in China. A good summary.
– Books and Reports –
Not a China book (good ones don’t come out every month). But a stunning story. My favorite book of the past year.
By Richard McGregor. Pretty much required reading for China.
– My Recent Articles –
This was the first time United Airlines got a big reaction from Chinese consumers – and they didn’t see it coming. But they should have been playing smart offense and fast defense. They should have been ready.
Looking at the bike-sharing business in China today, you see a nice, simple business that has been deluged with hype and money. You also see a lot of very questionable, non-economic behavior that will probably end badly, especially for investors.
I have written a lot about my trip with 20 Peking University students to meet Warren Buffett. A couple of ideas from that meeting have really stuck with me. As they are more personal than business, I am putting them under the heading of “Buffett Life Lessons”
– A Final Funny One –
Some cool pictures of thousands of brightly colored bicycles.
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)