Seeing people out at bars and at amusements parks in this WSJ video about Wuhan, China is a little odd given that in this part of the world we are decisively in our second wave. But that is what is happening. In fact, the title… Read More
This is the topic of Benedict Evan’s latest blog post, which is all about the internet, regulation, and the rise of China, as well as other countries. The internet is now deeply ingrained in everyday life. As of 2017, about 40% of Americans had met… Read More
The Journal published a piece this past week talking about China’s $52 trillion residential property bubble. According to a recent study by Goldman Sachs, this is the current value of all Chinese homes (built homes and developer inventory). And to put this number into perspective,… Read More
There is a growing global concern around China’s “wet markets.” Last week, Dr. Fauci was on the record saying that they need to be shut down immediately and that it boggles his mind that we continue to allow something which very clearly results in zoonotic… Read More
This morning I got caught up on what’s happening with the coronavirus that emerged in Wuhan, China, but that is now spreading quickly across mainland China. It’s unsettling. As of Saturday, there were over 1,287 confirmed cases in mainland China and 41 deaths. Right now,… Read More
Global household wealth is currently estimated at about $360 trillion, according to Credit Suisse’s 2019 Global Wealth Report. This represents an increase of about $9 trillion (~2.6%) from 2018-2019. Over the last decade, much of this growth in household wealth has come from two countries:… Read More
According to this recent Bloomberg article, the world is expected to add more than 3 billion people by 2100. At the same time, the global average fertility rate is dropping. In 1960, it was five live births per woman. As of 2017, it had dropped… Read More
I was talking about this with my friend Evgeny Tchebotarev last night: The transfer of sovereignty over Hong Kong (also known as the handover) happened at midnight on July 1, 1997. At the time, Hong Kong had a population of about 6.5 million people and… Read More
Applications to American business schools, including MBA programs, have fallen for five straight years according to this recent WSJ article. Compared to last year, business school applications to US schools are down about 9.1%; whereas they have been rising in other parts of the world.… Read More
Today, Monocle announced a new “City Series,” which will take the form of a focused half-day summit. The objective is to explore the urban issues facing mayors, developers, investors, and citizens. The first summit will take place this November 4 (2019) in Chengdu — the… Read More
