Recent Posts

As China’s tourists go global, its firms follow

This month, 6.5 million Chinese will travel abroad for the Lunar New Year holiday. They’ll bring luggage, smartphones and a desire to use the same technological conveniences they’ve grown accustomed to at home. For China’s tech companies, that’s a potent combination — one that may help them finally compete in overseas markets. Just as foreign companies often fail in China, ...

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How low will retail go? Look at the railroad

It’s hard to find anyone optimistic about the future of conventional retail as internet giants like Amazon continue to accumulate customers. But where’s the bottom? There is a helpful parallel — just not an obvious one — that might shed some light on the question. The best way to measure retail’s role in the economy while simultaneously accounting for population ...

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What shaped stock market’s $3 trillion trauma – any guesses

Bloomberg Want a neat narrative? There isn’t one. Stocks buckled, $3 trillion was lost, then just as quickly, roughly half of it came back. Nothing quite explains every little twist and turn. Much of it remains a blur. But there are clues to be gleaned from the behaviour of buyers and sellers. Several key facts stand out. One: a very ...

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