Foreign business leaders in China have in recent years noted that it is becoming more difficult to compete against local enterprises. Some point to what they consider unfair subsidies or business practices,…
Professor Hermann Simon (founder of Simon Kucher and Associates), who coined the term ‘Hidden Champions’ for medium-sized businesses that dominate their niche, shared an interesting observation at a recent talk in Shanghai. He…
U.S. Office MarketThe past year or so has seen more and more transactions in the United States where office buildings are being sold for less than half of what they were bought…
In Shanghai an apartment that costs USD 1 million typically rents for around USD 1,900 per month, while an office unit that costs the same typically rents for around USD 3,800 per…
After two decades of waiting, Real Estate Investment Trusts (REITs) were finally approved and rolled out in China in 2021. For some it didn’t take long before getting into trouble. REITs are…
The global economic output grew by about USD 3 trillion during 2023, one-third of that stemming from China, according to estimates by the International Monetary Fund (IMF). Based on this figure it…
With a yearly GDP contribution of about 26% China’s construction and real estate industry has for decades been the main driver for the world’s second-largest economy. Over the past months…
In China’s Cooled Economy the Property Market Temperature Depends on Where You AreEarly year hopes that China would quickly resume its role of world economic growth engine have failed to…
Yangtze Delta’s Single-Focus Cities are Diversifying their Economies Many cities in the prosperous Yangtze River Delta are famous for having a unique industrial orientation. Taizhou, for example, is known as the shipbuilding city, Kunshan…
Painful Soft Landing for China’s Housing Market No matter the asset class, dramatic price booms are often followed by an even more dramatic price plunge that destroys the wealth of many. The…
