Nobody was harmed in the making of this hilarious news. My read is that the Chinese are ‘crushing it’ at capitalism vis-à-vis subcontracting. | learn more
You might expect that buying BABA in your brokerage account means you own stock of the Chinese e-commerce giant. But, alas, you don’t. China restricts foreign ownership of its companies. So, instead you own a synthetic security that depends entirely […]
“Movable type was an 11th-century Chinese invention, refined in Korea in 1230, before meeting conditions in Europe that would allow it to flourish—in Europe, in Gutenberg’s time.” | learn more
Imagine a mobile QVC broadcast from foreign (US in this case) retail stores. “Live-stream shopping is captivating China, and one app lets viewers take part in the scramble for discounts in U.S. stores; ‘How is this possible? Why isn’t all […]