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Bottom line: New anti-corruption moves at JD.com and Meituan-Dianping show the cleanup campaign is moving down to the grass-roots level, in a positive development that should help the companies as many seek to go abroad.
Meituan, JD.com in new anti-corruption snares
Anyone unfamiliar with China might find it peculiar and even worrisome that near simultaneous announcements appear to show problematic internal corruption at two of the nation's top Internet companies, e-commerce giant JD.com (Nasdaq: JD) and leading group buying site Meituan-Dianping. While the t......
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TELECOMS: Huawei in US Hot Seat Over Iran Sales?

阳歌 04月13日

财新传媒英文部编辑

Bottom line: Huawei is likely to be found guilty of selling products to Iran in violation of US sanctions, and could be fined up to $2 billion but won't face additional punishment.
Huawei being probed for Iran violations?
When word first emerged four years ago that telecoms equipment maker ZTE (HKEx: 763; Shenzhen: 000063) was being investigated for selling American equipment to Iran in violation of US sanctions, other reports also indicated that crosstown rival Huawei was also being probed over the same matter. Huawei's name later disappeared from t......
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SMARTPHONES: Oppo Lands in India Protest Storm

阳歌 03月31日

财新传媒英文部编辑

Bottom line: A mass protest against Oppo in India over a Chinese manager's desecration of the national flag won't impact the company beyond a week or two, and reflects cultural sensitivity issues Chinese firms will face as they expand abroad.
Oppo under fire in India
Smartphone high-flyer Oppo is quickly learning the road to India isn't always so smooth, with word of a mass protest at the company's local operation due to a controversy involving desecration of the Indian flag. In this case the company appears to be learning a fast lesson in cultural sen......
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Bottom line: Foundering prospects of cross-border tie-ups involving DreamWorks and Paramount shows the love affair between Hollywood and China may be entering a new phase of lowered, more realistic expectations.
DreamWorks Animation eyes sale of China JV stake
The old saying says that what goes up must come down, and that certainly appears to be the case with new reports of the unraveling of two more China-Hollywood tie-ups. The latest reports say that US giant DreamWorks Animation is looking to sell out its stake in Oriental DreamWorks, its landmark China animat......
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SMARTPHONES: Oppo Shows India Resolve with Cricket Deal

阳歌 03月13日

财新传媒英文部编辑

Bottom line: Oppo's major new cricket sponsorship deal shows its commitment to India, but may have to be renegotiated if and when the company's fortunes decline in the next 1-2 years following its meteoric rise.
Oppo in India cricket deal
Smartphone high-flyer Oppo is trying to show the world it's serious about India, with word it will pay 1.1 billion yuan ($160 million) for rights to sponsor the nation's national cricket team. News of the deal comes just three months after China's top smartphone brand announced plans to build a production facility......
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SMARTPHONES: Xiaomi, Vivo Skip Barcelona Telecoms Bash

阳歌 02月27日

财新传媒英文部编辑

UPDATE: After publishing this earlier this morning, a source in Barcelona informs me that Oppo is indeed attending and is holding a press event to show off their newest products. Headline and photo caption changed to reflect Oppo's attendance, but the rest of the original post remains the same.
Bottom line: The absence of Oppo and Vivo from the world's top telecoms trade show in Spain this week reflects their overwhelming reliance on China sales, while Xiaomi's absence from the show could be a cash conservation move.
Vivo, Xiaomi absent from top telecoms trade show <......
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Bottom line: Lenovo could reverse its smartphone decline this year under a new leadership team anchored by a respected company veteran, though chances of success are relatively low due to stiff competition and magnitude of the task.
Lenovo nets former Samsung smartphone exec
My first post in the new lunar Year of the Rooster seems like a good time to look at the ultra-competitive smartphone market, and what may lie ahead for the embattled Lenovo (HKEx: 992) as it seeks to regain its footing in the space. CEO Yang Yuanqing has made repeated overhauls of his mobile devi......
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Bottom line: Xiaomi could return to growth mode in China this year on the strength of stronger models, while Huawei's local market share will contract as it focuses on profitable sales and backs away from money-losing businesses.
Huawei meets reduced smartphone target
Two of China's former smartphone leaders are in the headlines going into the weekend, casting a spotlight on the difficulties these past high-flyers face after becoming king of the world's biggest market. In one story the faded Xiaomi is saying the worst is behind it, and the compan......
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Bottom line: Chinese smartphone brands with local production are most likely to survive upcoming price wars they are exporting to India, while Nokia's new smartphones are unlikely to make any inroads in China over the next 2-3 years. 
China exports smartphone price wars to India
A case of deja vu is rapidly shaping up in India, where Chinese smartphone makers have flocked over the last two years in search of growth outside their overheated home market. In this case media are reporting that Chinese brands have surged to take half of the Indian market by dumping millions......
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TELECOMS: Huawei Declares End to Growth at Any Cost

阳歌 01月03日

财新传媒英文部编辑

Bottom line: Huawei's revenue growth for 2017 is likely to drop by more than half from 2016's rate of 32 percent as it cuts its money-losing businesses, with the biggest slowdown likely to come in its smartphone unit.
Huawei to focus on profitability in 2017
Quality over quantity is a growing theme in China these days, as the nation puts aside its previous pursuit of high growth at any cost in exchange for more sustainable expansion in high-quality areas. After starting at the top in Beijing, that theme is trickling down the corporate food chain to telecoms giant H......
Mark Dreyer

Huawei breaks new ground

Mark Dreyer 04月18日

Writing about sports and China.

Another day, another sports team signs a sponsorship deal with Huawei. This time, though, the sport is cricket and the team is Indian Premier League side Royal Challengers Bangalore.
Huawei makes its first foray into cricket
The Indian arm of Huawei will be RCB’s main shirt sponsor and will also get all the usual promotional exposure and signage at the team’s stadium, though terms or length of the deal were not announced. Cricket is new territory for Huawei, but it’s the latest in a long line of recent sports sponsorship deals by the Chinese tele......
Mark Dreyer

Brooklyn Nets, Sacramento Kings heading to China

Mark Dreyer 04月15日

Writing about sports and China.

The NBA’s Global Games schedule is out for 2014 and the upshot for Chinese fans is this: Nets vs Kings in Shanghai on October 12, before the same teams play in Beijing on October 15.
It’s not the most appealing line-up of all time, or even this year – the Spurs are going to Europe that week, while the Heat play in Brazil – but the NBA preseason games have become a staple of the autumn calendar here.
Taiwanese fans will miss out this time, after the NBA staged preseason games in Taipei in 2009 and 2013. Guangzhou also hosted games in 2008 and 2010, bu......
Mark Dreyer

PSG becomes Huawei’s jewel in the crown

Mark Dreyer 04月09日

Writing about sports and China.

Despite effectively being blocked from doing anything of consequence in the US, Chinese telecoms group Huawei has been continuing its expansion plans in Europe and elsewhere, thanks in part to an increasingly successful soft power campaign that has seen the firm partner up with a variety of sports properties. In the last year alone, Huawei signed deals with: 
·         Australian rugby league team Canberra Raiders
·         the World Triathlon Grand Final in Lon......
Mark Dreyer

华为投资体育 欲靠软实力打出品牌

Mark Dreyer 11月05日

Writing about sports and China.

在今年早些时候,中国电信公司华为与惠灵顿凤凰足球俱乐部签署赞助协议的时候,球队发布了一段视频。在视频当中我们能看到,为了营造一种幽默氛围,制片人让球队教练员和球员试着说出新的赞助商的名字,却没人可以做得到。对于一个在世界上没有多少名气的公司而言,这无疑是一个巧妙的营销手段。
对于那些不了解当前美国政治的人来说,华为事实上已被美国视为不受欢迎的企业,最近的美国国家安全局间谍风波更加恶化了这一状况。美国政府担心华为的进入,会造成国家基础设施等国家利益的受损。
但在其他地区,尤其是欧洲,却有着不同的看法。欧洲国家一直非常乐意华为在公共生活领域的投资。其中最为明显的就是体育竞技领域。
继今......
Mark Dreyer

More global sports deals for Huawei

Mark Dreyer 09月22日

Writing about sports and China.

It’s been another big week for Chinese telecoms firm Huawei in the world of sports. Firstly,as previously mentioned, the company sponsored the ITU World Triathlon Grand Finale in London last weekend (and, as an aside, the ITU is the International Triathlon Union, not the International Telecommunications Union, as originally mentioned in this (now corrected, but still) shocker of a piece by Sir Simon Jenkins), meaning plenty of prominent signage for Huawei all over London’s Hyde Park.
Next, top German soccer team Borussia Dortmund announced Huawei as it......
Mark Dreyer

Huawei to take global sporting PR tour to London

Mark Dreyer 09月06日

Writing about sports and China.

I’ve written before about Chinese telecoms company Huawei using sports and entertainment to combat the atrocious PR it tends to get around the world. That trend is continuing, but the company now appears to be spurning the US and focusing more on Europe.
In the latest bid to promote an event or team in a foreign capital (after Canberra, Washington DC, Madrid and counting…), Huawei will be the official technology sponsor of next week’s World Triathlon Grand Final in London, which takes place in Hyde Park from September 11-15 and is part of the Lo......
Mark Dreyer

Huawei using sports to combat bad PR

Mark Dreyer 07月24日

Writing about sports and China.

With all the negative press that Chinese telecoms firm Huawei has been receiving in recent days – that it “spies for the Chinese government“, or that the Brits are investigating Huawei’s involvement in a cyber security base in the UK – you would think it might take more than a little gentle sports PR to turn things around.
Yet that’s exactly what the company seems to be banking on in Australia, where news of the spying claims – made by a former head of both the NSA and the CIA – first broke last week. Huawei has just extended its s......

精彩评论

孙越 史上有很多传奇,更有很多英雄,他们的死彰显生命的价值。

原文:对外侦察局的掏心猎手

zhangmingxiao 这个不是一起超售事件,是美联航因为内部员工需要乘坐飞机,旅客满员的情况下利用超售这个工具来达到赶下旅客的目的。

原文:美联航赶乘客下飞机 资深机长告诉你是否违规

郭杰群 在美国,地产开发商将出售资产所得在一定期限内进行类似房产的再投资可以享受一定的免税条款。这在我国当前还不具备,因此在一定程度上制约了地产商的能动性。

原文:REIT的海外发展及启示

Lypsey3543 “据个人了解,中国一线城市住宅投资收益率不会高于3,美国可以达到6。”作者这里说的应是租金收益率。首先,因(特大)人口增长加速,在新兴市场投资房产,主要看资本利得,动态租金收益要会延后实现,静态比较同期没有太大意义。其次,物业年均持有成本,纽约和中国一线城市不可比。第三,纽约和曼哈顿是两个概念。离开曼岛,租金中位数值完全是不是一个档次。而中国一线城市的租金上涨范围更大。因为仍处于成长期。总体而言,虽然在中美两国都投资的是房产,但从收益分布特征和波动率来说,完全可以看作是差别极大的两类资产。就如同高等级债券和蓝筹股票,横比收益没有意义,因为后者大幅超越。归根结底更可能是风险偏好异质性(含Demographic factors)和经济周期所处阶段决定了投资者更偏爱哪一类。

原文:2017年美国房地产市场展望——美国市场、中国视角

王争春 价格和土地供给的问题,我们慢慢谈。市场有垄断市场、寡头市场和竞争市场,定价规则自然有差异。

原文:面对房价,教科书自焚吗?经济规律笑了

叶伟强 需求、供给、货币,都是影响价格的重要因素

原文:房价之谜 | 悬而未决的崩盘隐忧(完整版)

zhangmingxiao 合理吗?

原文:房价之谜(三)| 中国房价到底“合理”吗?

北方的小狼 中国特色,都是小民倒霉!哎!

原文:广西“吃穿山甲”案的厨师:匹夫无罪,怀璧其罪

abcnews 张老师这篇写得精彩。看来经济解释值得再去看一遍。几点想问一下:一是中国现在外汇减少,所以关税啥的肯定不会轻易取消,走一带一路推出人民币是稳定币值的好方法,不过确实以什么为锚呢?二是日本经济停滞,但听说日本人其实是进入了伊甸园阶段,收入啥的可能没增加,实际感受却始终稳定。这算好路吗?

原文:从中国先拔头筹看天下大势

孙越 (强)这会说得好!特朗普跟俄国商人绝不仅仅是生意往来吧。(呵呵)

原文:特朗普的俄国情结

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