Chinese shopkeepers are quietly conquering the world. A new survey shows three of the planet’s top four internet shops globally are Chinese, and Alibaba's Taobao did twice as much business as Amazon.com. (Sorry, Jeff.)
Graph from Insider Intelligence.com
How did they get so big so quickly?
One factor is home location – there are A…

News
AN INCREASING NUMBER of people are speaking out to tell the truth about Hong Kong and Mainland China, top Hong Kong business leader Herman Hu Shao-ming said.
“Today, many voices are trying to tell a broader, deeper, fairer story of what is happening our city and our country,” he told a conference. “Many of us…
THE STRUGGLE TO KEEP Hong Kong safe is not over, the city’s leader John Lee Ka-chiu said. “There are still underlying national security threats from different fronts,” he warned.
In response, the city is putting more resources into intelligence gathering, the Chief Executive told a conference. “We will step up efforts in gathering and…
THE PRESENT U.S. administration’s determination to stop the world selling vital semiconductors to China “is an act of economic warfare”, top Financial Times columnist Martin Wolfe wrote on Friday.
The move “is far more threatening to Beijing than anything Donald Trump did,” he added. “The aim is clearly to slow China’s economic development. That is…
BITCOIN BROS, SALVATION is coming. Hong Kong is quietly creating retail markets for virtual assets. The city is using its considerable financial clout to create special share markets where people can buy and sell crypto currencies, NFTs and so on.
It’ll be just like buying and selling regular currencies—but with new age assets, which you…
Much optimism about the future of Hong Kong and the wider world was expressed by a range of expert participants at a high-powered forum which featured the city's new leader John Lee Ka-chiu yesterday (November 2, 2022).
Scroll down for a detailed "press briefing" summary of the conference from the Friday Culture team.
Click…
ELON MUSK’s “project x” team has started intense work behind the scenes to make a copy of China’s WeChat app for the western world.
Top executives are filing out of Twitter HQ in San Francisco, leaving the company’s arriving leaders free to follow their plans - first, to increase free speech on the app, and…
Hong Kong's new leader John Lee showed himself determined to build on Hong Kong's many success stories in his maiden Policy Address, given yesterday. Below is a summary of the main points. Or scroll down for a link to a video summary of the story.
CHILDREN; GIVE THE crayons a break. Primary school kids…
(Caption: concepts of 'human rights' and 'democracy' must be revisited to be more inclusive. Image: Brooke Cagle)
GOODBYE, “HUMAN RIGHTS” AND “DEMOCRACY”. Hello, common values. It has become obvious that so-called "universal" concepts are not universal at all and must be urgently revisited, a panel of top international political scientists said today.
The…
HONG KONG IS arguably the world’s top university city, a new survey reveals today.
Five of the top 100 academic institutions on the planet are located in Hong Kong, according to an annual study published this week by Times Higher Education of London.
Hong Kong beat London and Paris for number of academic top performers…
