China News

We know the Chinese market and its culture, here we share the topics that we think are most relevant about China and the economic situation, which we think can help you make decisions.
11 de November de 2020

Why is the chinese yuan appreciating?

The exchange rate between the chinese yuan (CNY) and the US dollar (USD) has reached USD0.15 today. Since May, it has appreciated by 8%. This is bad for chinese exporters, because when they mostly get paid in USD. So when they change to CNY, they get paid 8% less. So […]
6 de October de 2020
China's lost opportunity GISP

China’s big lost opportunity

Back in 1999 when I first went to China, I made a bet with one of my Chinese friends. He was always saying that by 2020 China would overtake the US as the world leader. Given the situation back then, with China a third world country and the US the […]
23 de June de 2020
Concepto Cara en China y Trump

Face and Trump’s Chinese Coronavirus

These last weeks, Mr Trump is not talking about coronavirus anymore. Now he is talking about the Chinese virus, or the Chinese coronavirus. This small change will have huge consequences. One of the most important aspects of Chinese culture is Face. It’s difficult to translate because we don’t have this […]
23 de March de 2020
Mercados de China

Wuhan Coronavirus and wet markets

If you have been to a wet market in China, you can not be too surprised when they tell you that the Wuhan Coronavirus, the new pandemic spreading through China, did originate in one of these markets. There is a lot of talk about the wet market in Wuhan, but […]
2 de October de 2019
hong kong

Just back from Hong Kong

As I explained in my last post, I have spent some days in China and Hong Kong visiting our offices, factories and some raw material and component suppliers. I had read a lot about the situation in Hong Kong before the trip, and all my Chinese friends and suppliers were […]
23 de September de 2016

Zhima credit: big brother on steroids

Just back from China where I had a very interesting talk with a friend about Zhima credit. I had heard about it, but it’s becoming really scary, what he explained left me astonished… We went to a posh restaurant in Shanghai and we got a really nice table, and he […]
26 de May de 2015

China, America and the new world order

Last week I was invited to speak in a conference about entepreneurship at ESCI-UPF university, together with the US consul in Barcelona. It was very interesting and it made me think about America position in the world, especially in relation to China. After getting used to a world with America as […]
13 de June de 2014
child labour

Child labour in Chinese factories

A few weeks ago I went to visit some new factories with a client. We had a tight trip, 15 factories in 5 days. These factories had been pre screened by our Hangzhou office but, as always, you don’t really know a factory until you visit it. We visited one […]