“Anybody who does business in China compromises some of their core values,” says Alphabet Chairman John Hennessy in a live audience interview on Bloomberg. Alphabet is the parent company of Google.
Millennials Love Airbnb and There Are 400 Million Millennials in China
The Head of Policy at Airbnb, Chris Lehane, says that they are seeing the same underlying dynamics and trends of millennials driving Airbnb growth in China that they saw earlier globally. With 400 million millennials living in China, the growth potential for Airbnb is massive.
Renault Investing Heavily in the Mobility Revolution
The world’s leading automotive alliance, Renault-Nissan-Mitsubishi, is spending a billion dollars over the next five years investing in technology-focused mobility startups. François Dossa, says that they are investing in technologies that will make the mobility of the future.
Former Microsoft COO Concerned About US Universities vs. China: ‘The Big Risk for Tech is Talent’
Former Microsoft COO Bob Herbold discussed in an interview (below) the fact that computer science and engineering schools are now competing strongly with US universities.
Scott Kennedy of CSIS: China Amex Approval is #fakeopening
Scott Kennedy, who is the Deputy Director, Freeman Chair in China Studies at Center for Strategic and International Studies (CSIS), said on Twitter that Amex finally winning Chinese market approval is not a breakthrough for China market access.
Nokia CEO: 5G Will Launch in 2019 Starting in the US
Nokia CEO Rajeev Suri says that the company will start to launch 5G in 2019 and 2020 starting with the United States followed by Japan, South Korea, and China. He says that the rollouts have already begun with actual 5G launches next year.
Geek+ Robotics CEO Says There is No Strong Competitor Outside of China
The CEO of Geek Plus Robotics, a China-based company, says they don’t see any strong competition outside of China and this includes the United States. “We almost cannot see any strong competitor outside of China,” said Zheng Yong.
SAP CEO: It’s All About the Customer Experience
SAP CEO Bill McDermott, in a wide-ranging interview with Bloomberg talked about enterprises moving to the cloud, competing with Oracle’s new autonomous database, competing with Salesforce, and its huge business in China.
Trade Expert says Amazon Uses a Loophole to Import Almost Everything Duty-Free
Amazon is using creative tactics that enable it to avoid import taxes on almost everything it sells by making every item sold a single sale that is under $800 according to trade expert and former Trump advisor Curtis Ellis.
Chinese Internet Growth is Staggering and is Still an Enormous Business Opportunity
South China Morning Post CEO Gary Liu recently gave a Ted Talk explaining the staggering growth of the Chinese internet and how it is rapidly changing millions of lives for the better.