A lot of observers make the mistake of assuming that the gig economy is an exclusively Western trend in light of the fact that it seems to align so well with Western values. It is decentralized rather than centralized, it encourages freelancers to compete with one another within whichever platform they are using, it is
Economic Sectors
26
Mar
Mar
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Oil Price Shocks from the Perspective of China’s Short, Mid and Long-Term Goals
As mentioned in our article about stagflation risks in China and elsewhere, this phenomenon became (in)famous in the seventies and eighties over in the United States but other nations were anything but immune. In a nutshell, some countries found themselves in a bit of an economic predicament in light of the fact that they had
15
Mar
Mar
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China’s Ambivalent Relationship with Western Tech Giants: Google, Amazon, etc.
In the proverbial West, it is difficult to envision an Internet landscape which isn’t dominated by Google, Amazon and other Western behemoths, behemoths which have been fortifying their positions for so long that it is difficult to the point of impossible for their supremacy to be meaningfully threatened by newcomers. For example, in a heavily
14
Mar
Mar
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A Chinese Perspective on Peer-to-Peer (P2P) Technology
We have written our fair share of articles that pertain to blockchain technology or individual sectors of the blockchain world here on ChinaFund.com: An article on China’s love/hate relationship with individual cryptocurrencies (bitcoin and the thousands of altcoins that exist), which can be accessed by clicking HERE An article on China’s far better relationship with
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Mar
Mar
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Gambling in China? Demand, Legislative Landscape and Solutions
Yes, gambling is illegal in China and technically speaking, any form of gambling has been outlawed since the Communist Party of China took over back in 1949. As such, at this point in time, anything from playing poker among friends with anything other than “make-pretend” money to gambling online is prohibited and punishable by law.
11
Mar
Mar
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“Gamers” in China: The Remarkable Growth of China’s Online Gaming Sector
With an impressive $4.25 billion in gaming-related revenue projected for 2020 (a 0.8% YOY growth rate) and roughly 325 million gamers (a 2.1% YOY growth rate), it should come as no surprise that the stakes are remarkably high when it comes to China’s online gaming industry, in light of it representing the global leader in
10
Mar
Mar
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The Traditional Chinese Medicine (TCM)… Industry?
In its journey toward (economic) world domination, China needs any edge it can get and in the eyes of the Beijing authorities, Traditional Chinese Medicine (TCM) represents just that: something China-specific that can be used as an economic growth engine. For the sake of clarity, please note that this is not a medical article and
07
Mar
Mar
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China’s (Booming) Vitamin and Dietary Supplements (VDS) Market
The Vitamin and Dietary Supplements market represents yet another example of a booming industry that China is poised to dominate, with Roland Berger data indicating the fact that the market is expected to find support north of $40 billion by 2023, boasting an impressive 14% CAGR. These figures should (of course, this is dependent on
04
Mar
Mar
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Pet Ownership in China: A Surprising Mega-Trend
Ask any elderly Chinese citizen to describe let’s say a “textbook” urban scene from back when he was young and ask an American to do the same. Among other differences, you will most likely notice that pets are absent from the description of the elderly Chinese. Contrary to popular belief, pets are anything but completely
25
Feb
Feb
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There’s No Business Like (Chinese) Show Business? A Glimpse into China’s Entertainment Industry
Here at ChinaFund.com, we have developed the habit of mentioning the fact that longing Chinese assets without meaningfully “betting” on China’s rising middle class is a sub-optimal strategy at best. For reasons which range from China’s growth model transitioning from production/exports/infrastructure to domestic consumption to a wide range of metrics which paint the picture of