This is KGA Blog's Typepad Profile.
Join Typepad and start following KGA Blog's activity
KGA Blog
Recent Activity
New Fed Head YI Gang is Important to the U.S. - Things that Main Stream Media does not Talk about
Posted Apr 1, 2018 at KGA Blog
Comment
0
Will 2018 be a year of war between the US and China over trade and investment?
Posted Jan 27, 2018 at KGA Blog
Comment
0
2016 Rio Olympics and China's Gold Medal Fixation
2016 Rio Olympics is going to end tonight. China is trailing the U.S. in the number of total medals while ranking the third in gold medals. This year's Olympics is different in a couple of ways for Chinese. Gold Medal Fixation, No More? China is getting fewer gold medals this time. In 2008 Beijing Olympics, China won 51. However, this time, they are going home with only 26 of them. Does it matter? Used to. But not as much. China started to fix its "gold medal obsession" since early 2015, when the central government announced that it would stop rewarding local governments based on the number of gold medals the athletes from each province win from international competition. Under the incentive system, Chinese athletes are under tremendous pressure to win only gold, dismissing silver and bronze. The shift of the policy, hopefully, may encourage more young people to participate in the sports, first and foremost, to enjoy. The interview of the 20-year-old Fu Yuanhui, who won 100m backstroke bronze medal, went viral in China. When she found out that she got a bronze medal she was thrilled and said, " I used my primordial force to win it. I am... Continue reading
Posted Aug 22, 2016 at KGA Blog
Comment
0
创业创新大事记
四月,正如生命勃发的大自然,创业创新与资本市场也异常活跃。新资金注入, 股权换手,难免有创业公司夭折,真是几家欢喜几家愁。让我们聚焦中国企业在海外的活动,以及一些值得我们关注的海外企业的近况。 阿里巴... Continue reading
Posted May 2, 2016 at KGA 博客
Comment
0
Why Google Translation Could Make You Look Like a Fool
Tweet Google’s search engine is great. Everybody loves it. Google Translation is a different story. From time to time, I have to convince my clients not to use Google Translation to generate Chinese f... Continue reading
Posted Apr 6, 2016 at KGA Blog
Comment
0
Abundance in Capital or Lack of Capital - Stories about China
Tweet Not until recently, China has been a land where money seems to grow on trees. A couple of years ago, a U.S. fund went to China to raise money from Chinese investors. After the presentation, someone from the audience raised his hand. He asked the presenter to clarify whether the expected investment return of 10% meant monthly or annual. The presenter jokingly responded, "if you know of an opportunity that guarantees 10% monthly, please tell me. I want to invest my money." The person said, " Sir, few people in China will invest for a return of 10% a year." Long silence from the presenter. The audience was not joking. Chinese investors have been lending to some privately owned businesses at absurd high rates, sometimes as high as 48%/year or higher. In theory, the money serves as bridge loans for a couple of months, but at times borrowers keep it longer. Privately owned businesses are poorly served by banks. Working for big and fat State-Owned Enterprises often means less leg work, less risk and much bigger transaction in dollar amount. In need of capital for operations and expansion private companies often turn to private lenders, a reliable funding source.... Continue reading
Posted Mar 21, 2016 at KGA Blog
Comment
0
Adaptablity and Flexibility A Must in China These Days
Photo credit: University of Kent Today, one of my friends visited me, sharing his recent projects related to China. One of them is helping a Chinese technology company scout Italian design schools. This company is reinventing itself through acquisition and operation of vocational training schools, first in China and overseas the next stage. This has become a trend in China these days. I often receive inquires from different Chinese companies. They have a "shopping list" of targets that they believe will help generate revenues or profits, not necessary to be in the areas of their expertise. I categorize them into two groups of needs: 1) Proven technologies that Chinese companies can take over and plug into China market. They told me, "we do not have time to do R&D. If the technology works in the U.S., we may be able to make it work in China too. " 2) Companies with profits. Publicly listed Chinese companies are under mounting pressure to boost bottom line. Traditional industries such as manufacturing are facing most challenges of over capacity and price erosion. Restructuring is under way, a long and painful process. One of the measures is to acquire a profitable company. In the... Continue reading
Posted Mar 18, 2016 at KGA Blog
Comment
0
Transparency, Luxury to Dream of in China - Stories about China
Posted Mar 15, 2016 at KGA Blog
Comment
0
Fortune Telling of the Chinese Year of the Fire Monkey
Tweet "China’s Economic Growth the Slowest in Decades", Wall Street Journal; “You don't need Soros to tell you that China is the big short", MarketWatch; “You should fear a China hard landing”, CNBC T... Continue reading
Posted Feb 12, 2016 at KGA Blog
Comment
0
Is China Crashing?
The recent volatility in China's stock market is more of a manifestation of the jittery and nervous sentiment of investors, both retail and institutional, as well as the inexperience of China's SEC. Continue reading
Posted Jan 8, 2016 at KGA Blog
Comment
0
Next Big Platform - Text Messaging
Posted Jan 5, 2016 at KGA Blog
Comment
0
Why China wants to Join SDR?
to end RMB's long-term tie with dollar will not be an easy journey. China will have to address the exodus of capital out of the country due to investors' expectation of RMB's further depreciation. The instability of its currency may also affect the currencies of some developing countries which are China's major trade partners, ultimately hurting their economies. In the end, the rest of the world may all feel the pain. Continue reading
Posted Dec 15, 2015 at KGA Blog
Comment
1
哈佛商业评论推出“中国式管理”概念
美国人和中国企业打交道,有几个最叫他们头疼的事,一是没完没了的宴席,再就是没法做计划,老总们总是说,见面再聊。在他们眼里,中国企业缺乏管理,只会吃喝搞关系,只顾眼前不看长远。然而哈佛商业评论却推出一个新概念“中国式的管理”,认为新一代的中国企业家正在形成自己的风格 - 随机应变,高速灵活。 Continue reading
Posted Dec 14, 2015 at KGA 博客
Comment
0
人民币被国际货币基金组织IMF纳入SDR货币篮子 – 是喜是忧?
加入货币俱乐部主要是一种象征意义:IMF官方认可人民币为一种储备货币,一种安全、具有流动性的资产,各国政府可以用人民币持有它们的财富。实际上 IMF的决定远远未能助推对人民币需求的大幅上扬,却有可能为人民币贬值做了铺垫。中国的央行正面临日益加大的压力 - 按照发达国家央行的做法让市场决定人民币价格。 Continue reading
Posted Dec 14, 2015 at KGA 博客
Comment
0
Baby Food in China
Posted Jul 14, 2015 at KGA Blog
Comment
0
Alibaba Calls it Quits on its U.S. eCommerce Effort
In June 2014, I wrote an article about Alibaba's launch of 11 Main in the U.S. Please click here to read the article. Only a year later, Alibaba sold 11 Main to OpenSky. As Alibaba's Executive Vice Chairman Joseph Tsai said in an interview, "the key issue is whether we are going to have something in the U.S. market that will really target U.S. consumers. We think in the long run that's is an interesting market to us. But today, our focus is very much on cross-border activities" that connect U.S. sellers with Chinese consumers." Wasn't 11 Main designed to serve this purpose or has Alibaba failed to convince enough U.S. sellers to list on 11 Main? Alibaba Stumbles in U.S. Online Market - WSJ (June 24, 2015) Continue reading
Posted Jun 28, 2015 at KGA Blog
Comment
0
Chinese Economy, an Enigmatic Puzzle
Posted May 13, 2015 at KGA Blog
Comment
0
蜜蜂爷爷的故事 -- Burt's Bees 合伙创始人的辛酸事
孤身隐士久居林中,一天仙女从天而降以身相 许,隐士的生活从此不再孤独,世界鲜花盛开。甜蜜恋人携手发展副业,收入不断增加,日子一天比一天好。仙女不知用什么迷魂术把两人共同拥有的公司中隐士的 股份全部转移... Continue reading
Posted Jan 31, 2015 at KGA 博客
Comment
0
Caging Tigers and Trapping Flies - What is next after Xi’s Graft-Fighting Campaign
Posted Aug 20, 2014 at KGA Blog
Comment
0
Yahoo! can Laugh at Last as Alibaba's IPO in the U.S. is Getting Close
No market than China sees American Internet companies fail so terribly. Google was kicked out of China, part of it because it offended the Chinese government, part of it because it lost to its local competitor Baidu. eBay pulled out of the market voluntarily after realizing it was losing ground to Alibaba's Taobao. Yahoo!'s business barely took off in China after years of struggling and trying in China. Facebook or Twitter, even worse, never got a chance to try the market out. What's more, their domains are blocked in China. Yahoo! struck a deal with Alibaba in 2005 to form a joint venture, in which Yahoo! invested $1 billion cash and Yahoo! China assets, which was valued $700 million, for a 40% stake. The whole joint venture deal was valued at $4 billion. At Alibaba's coming IPO, analysts estimate it may be valuaed around $200 billion. Even though Yahoo! was forced to reduce its share at Alibaba to 23% in 2012, Yahoo! is still going to do extremely well. Sue Decker, former Yahoo! president, looked back at what Yahoo! had done right and wrong in China in her" An Insider's Account of the Yahoo-Alibaba Deal" in Harvard Business Review Blog... Continue reading
Posted Aug 10, 2014 at KGA Blog
Comment
0
The Alibaba Effect
Tompkins International has put together a comprehensive presentation about Alibaba. It is a must read or listen material before Alibaba's August IPO at New York Stock Exchange. This 50-minute video presentation covers five topics: 1) Alibaba, what is the big deal 2) What does Alibaba do 3) Who is Jack Ma, the founder 4) Where is Alibaba headed 5) What action to take based on this Alibaba presentation One of KGA's blogs "Should Amazon or eBay be concerned about Alibaba Entering US ecommerce Market" looks at Alibaba from a different perspective. Continue reading
Posted Jul 28, 2014 at KGA Blog
Comment
0
Should Amazon or eBay Be Concerned about Alibaba Entering U.S. eCommerce Market
Posted Jun 12, 2014 at KGA Blog
Comment
1
Chinese Consumers Moving Online - China has surpassed the U.S. in Online Retail Sales
Posted May 28, 2014 at KGA Blog
Comment
0
Recent Changes in China's Capital Market
China's central government relaxes its control over Chinese companies outbund investment in overseas asset by introducing a filing-based system vs. approval-based system. Compared with the old system, which requires approval from the National Development and Reform Commission (NDRC), the Ministry of Commerce (MOFCOM) and the State Administration of Foreign Exchange (SAFE) for any investment above $100mm, under the new policy, a Chinese company only needs to file with NDRC if the transaction is below $1 billion or NDRC's local representation if below $300mm. However, SAFE and its currency control still remains a major hurdle for outbound investment. For more detail, please visit Schulte Roth & Zabel's report on this subject. China is going to launch the Third Board in August 2014. The Third Board is similar to the bulletin board in the U.S. Unlike other main boards in China, which accept a limited number of companies each year, the Third Board will accept up to 1000 companies per year, in a hope to help more small enterprises to raise capital. However, the new board has a high bar of RMB 5 million net worth (approximately $800K) for retail investors. The board will include 100 Chinese market makers to create liquidity,... Continue reading
Posted May 12, 2014 at KGA Blog
Comment
0
When a Company should Start Considering Expansion to China?
Posted May 7, 2014 at KGA Blog
Comment
0
More...
Subscribe to KGA Blog’s Recent Activity