Media commentator Cai Enze frowns on the beggar-thy-neighbour approach of improving one’s business at a rival’s expense. In his view, big names in China’s internet market — Baidu, Alibaba, Tencent, and JD.com (known as BATJ) — should practise more openness and cooperation rather than rivalry and mutual blocks.
“Little sisters” — young women urbanites between 20-40 who have high spending power and little financial commitments — are the new darling demographic for those targeting China’s domestic market. In fact, the 2020 market size of the “little sisters economy” in China is expected to reach five trillion RMB. In keeping their buy-in, integrating e-commerce with social apps is key.
China is estimated to be making 200 million masks daily and may have too many mask-making factories in the near future. Chinese commentator Cai Enze envisages the likely scenario facing these enterprises scrambling to turn a quick profit out of mask manufacturing. Looking at the statistics, the world needs to better coordinate how these masks can reach pandemic-stricken countries in dire need of masks.
Cai Enze analyses the anticipated gains of American private equity investment company Blackstone taking Chinese property developer SOHO China private. ThinkChina also takes a look at SOHO, and the high-profile couple behind it.