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Archive for July, 2008


Chinese Government’s CSRC To Fund Managers: No Bad News

The Chinese government’s watchdog for equities, the CSRC (China Securities Regulatory Commission) has issued an edict to local fund managers that they are not to issue any pessimistic reports about equities during the Olympics in Beijing. My question is “Why bother?” The Shanghai market has been down 50% in the first half of the year, [...]

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My Wish List For The CNNIC Report

The biannual China Internet Network Information Center (CNNIC) report covering the first half of 2008 has been released (in Chinese) and is now available. The Ogilvy China Digital Watch website has provided an excellent job of capturing the main points in English. The most salient point of the report is that China now has 253 [...]

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Apple and China: The American Media Ignorance Continues

Over the past year, the tone of coverage of many China-related topics in the US has improved. For the most part, writers covering China have tried to look past the generally-accepted stereotypes, and have tried to get a deeper understanding of what is going on in China. But occasionally something finds its way through the [...]

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Alibaba’s Jack Ma Predicts Hard Times Ahead

On July 23, Jack Ma, founder and chairman of the Alibaba Group, a leading Chinese ecommerce company, published an internal email to Alibaba employees. This email found its way to Sina (h/t to Bill Bishop) and I have translated it here. The company is listed on the Hong Kong stock exchange under the 1688 symbol. [...]

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Chinese Economy: Early Signs of Rapid Deceleration

Some signs point to a rapid deceleration of the Chinese economy: Politburo to convene urgent economic meeting Chinese Domestic Olympic Travel Falls Lower Than Expectations Unsold inventories climbing Shanghai Vanke first to lower real estate prices in Shanghai (in Chinese) The whole idea of an urgent politburo meeting just three weeks before the Beijing Olympics [...]

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Guest Post on Web Strategist

I have a guest post on Jeremiah Owyang’s blog, Web Strategist. The title of this article is “China: After the Earthquake, Before the Olympics“.

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Have A Cracked iPhone in China And Want To Upgrade to 3G?

If you are one of the estimated 800,000+ iPhone users in China, then there is a more than 99% chance that your iPhone is cracked since Apple does not yet have a carrier partner in China. For many of those users, there is the fear that once Apple ties up with a Chinese carrier and [...]

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Chinese Ecommerce And The Chinese Hockey Stick

In an earlier post, I talked about a phenomenon called the Chinese hockey stick. The concept of the Chinese hockey stick is fairly simple: it takes a while for investment in a new sector to show results in China, but when it does, it takes off, going almost straight up like a hockey stick. So [...]

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Radiohead: House of Cards Music Video

Warning: This is geeky stuff which has nothing to do with China. The Youtube Blog just put up a very entertaining video by Radiohead called House of Cards which uses 3D laser imaging technology. I don’t know if the song has anything to do with recent financial events and the generally grim outlook on the [...]

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American Astroturfing vs. Chinese Astroturfing

The definition of astroturfing, according to Wikipedia is: a neologism for formal public relations campaigns in politics and advertising which seek to create the impression of being spontaneous, grassroots behavior, hence the reference to the artificial grass AstroTurf. The goal of such a campaign is to disguise the efforts of a political or commercial entity [...]

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