Author Archives: joseph1ng

About joseph1ng

Trained as a historian at Stanford, certified as an accountant, geeky by nature, CFO with U.S. and Chinese companies. Lived in Beijing, Shanghai, Tokyo but mostly in the Silicon Valley. China's $3 trillion foreign currency reserve will be deployed buying brands to bridge their supply chain to consumers.

Peasants

To farmers, agriculture is a business; for peasants, it is a way of life.   For the last thirty years, Chinese peasants have migrated to coastal cities in search of better pay, working as migrant workers at construction sites and factories.  … Continue reading

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Interesting Dynamics in Chinese Real Estate

Fifteen years ago, a friend of mine asked me to help him invest in some toilet business as the building boom was coming in China.  At the time, he sold half of his Discovery Bay real estate development in Hong … Continue reading

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US$1 hit RMB6.50 today

This means the export-led model of the last 30 years is changing.  Growth in the next 30 years will probably be IP and brand-driven. The export model is no longer viable: labor and fuel costs are prohibitive and the land … Continue reading

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