Category: marketing | 營銷 | 마케팅 | マーケティング

According to the AMA – Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. This has contained a wide range of content as a section over the years including

  • Super Bowl advertising
  • Spanx
  • Content marketing
  • Fake product reviews on Amazon
  • Fear of finding out
  • Genesis the Korean luxury car brand
  • Guo chao – Chinese national pride
  • Harmony Korine’s creative work for 7-Eleven
  • Advertising legend Bill Bernbach
  • Japanese consumer insights
  • Chinese New Year adverts from China, Hong Kong, Malaysia and Singapore
  • Doughnutism
  • Consumer Electronics Show (CES)
  • Influencer promotions
  • A media diary
  • Luxe streetwear
  • Consumerology by marketing behaviour expert Phil Graves
  • Payola
  • Dettol’s back to work advertising campaign
  • Eat Your Greens edited by Wiemer Snijders
  • Dove #washtocare advertising campaign
  • The fallacy of generations such as gen-z
  • Cultural marketing with Stüssy
  • How Brands Grow Part 2 by Jenni Romaniuk and Byron Sharp
  • Facebook’s misleading ad metrics
  • The role of salience in advertising
  • SAS – What is truly Scandinavian? advertising campaign
  • Brand winter
  • Treasure hunt as defined by NPD is the process of consumers bargain hunting
  • Lovemarks
  • How Louis Vuitton has re-engineered its business to handle the modern luxury consumer’s needs and tastes
  • Korean TV shopping celebrity Choi Hyun woo
  • qCPM
  • Planning and communications
  • The Jeremy Renner store
  • Cashierless stores
  • BMW NEXTGen
  • Creativity in data event that I spoke at
  • Beauty marketing trends
  • Kraft Mothers Day marketing
  • RESIST – counter disinformation tool
  • Facebook pivots to WeChat’s business model
  • Smartphone launches
  • Aleksandr Dugin + more stuff

    Aleksandr Dugin

    Over the weekend, Darya Dugina was blown up in a car bomb under the Toyota Landcruiser, her newsworthiness was down to her being the daughter of Aleksandr Dugin. News stories covering the bomb blast described Aleksandr Dugin as a political commentator close to the Putin regime. But that descriptor doesn’t really tell you that much.

    Aleksandr Dugin is a political philosopher, published author and commentator. But most importantly he is the founder of the Eurasian Movement. This movement supports neo-Eurasianism. This means opposing and rolling back the Atlanticism of western nations and having Russia to rebuild its influence through annexations and alliances, underpinned by an ultranationalist and neo-fascist ideological logical world view that considers America and liberal values the scapegoat for every ill.

    https://flic.kr/p/2nFvPwm

    Dugin’s written work

    Foundations of Geopolitics: The Geopolitical Future of Russia published in 1997, outlined in how Aleksandr Dugin saw the future of Russia. it would form an alliance with Iran in the middle east. Reassert control over former Soviet republics, dismantling some completely like Ukraine and Georgia.

    Dugin on re-engineering the world’s borders

    It would look to address what it perceived as a threat from China, encouraging China to look south to its neighbours on the South China Sea rather than north to the former Qing empire lands now full of natural resources. This would allow China to solve the Straits of Malacca problem in its favour. The constraint to its move west would be India inside the Eurasian empire.

    Aleksandr Dugin wanted the UK was to be isolated, as he viewed it as an aircraft carrier of the US, (echoes of Orwell’s 1984 in that viewpoint). Europe is to remade an anti-Atlanticist Franco-German bloc, that would affect a ‘Finlandisation of Europe’. Countries like Poland, would become a vassal like state of Russia. Orthodox countries would look towards Russia as the home of their mother church and cultural lodestone. Finland would be absorbed into Russia. Eventually, due to an over-reliance on Russian commodities, Aleksandr Dugin hoped to engineer an economic shock. Germany’s dependancy on Russian gas and oil would ultimately allow Russia to pick up the pieces in Europe and create an empire stretching from Dublin to Vladivostok

    Aleksandr Dugin maybe at a distance from the Putin administration, but his political ideas have influenced Vladimir Putin, Russian foreign policy and military thinking.

    Uneasy Euroasian detente

    One can only see Russia’s relationship with China as reminiscent of the von Ribbentrop – Stalin detente of the interwar years, based purely on timing and mutual convenience.

    Demographics

    Aleksandr Dugin’s ideas are challenged by demographics. In the Middle East, Iran and Shai Muslim community are outnumbered by their Sunni counterparts. Russia’s own population growth is in terminal decline and not a match for China should it decide to go north. Which probably explains why Dugin tries to shoehorn India into part of the Eurasian empire.

    The current war in Ukraine is as much a product of Aleksandr Dugin as it is of Vladimir Putin. President Putin is merely implementing Dugin’s vision slavishly. It is also interesting that the attempt on the life of Aleksandr Dugin seems to have given new ideological impetus to the invasion of Ukraine in Russia.

    Is Dugin’s Eurasian ideological purity a threat to the Putin administration?

    Marx and Lenin were dead by the time that Mao came along, so the Chinese communist party was never threatened by the legitimacy of their thought leaders with a higher authority ideologically pure voice. If they were alive today, it would be impossible for Xi Jingping to accuse Marx or Lenin of being guilty of hstorical nihilism. But Aleksandr Dugin exists outside of the Putin administration, he could be a natural rallying point of Putin’s support basis as the philosophical centre. He could be even considered a rival leader to Putin, drawing support from believers across the military intelligence and political classes. Making Aleksandr Dugin into a martyr just at the point when Russia has been suffering setbacks has some obvious benefits for the Putin administration and arguably less benefits for the Ukrainian government.

    Business

    The reinvention of Goldman Sachs: what has David Solomon achieved? | Financial Times – surprisingly little when it comes to the bottom line and ceding investment banking performance to Morgan Stanley

    China

    From Drugs to Corruption: The Growing Presence of Chinese Organized Crime in Latin AmericaIn 2021, China’s policy banks ⁠— the China Development Bank (CDB) and Export-Import Bank (Exim) ⁠— made no loans to Latin America for the second consecutive year. Beijing is now essentially focused on financing Chinese companies to operate in the region. This shift in strategy and the resulting proliferation of Chinese companies in Latin America will increase the circulation of people and money that are no longer under the direct control of local governments. Based on current trends, Chinese criminal organizations will likely thrive in this new economic environment. Extortion, money laundering through front firms, and smuggling are already increasing, posing a severe threat to the population’s safety in the region. Worthwhile reading in conjunction with: Will Kenya’s next president follow through on China contract promises? | South China Morning Post – William Ruto campaigned on threats to deport illegal workers and make big contracts with Chinese companies public. But politics and the reality of government are two different things, observers say

    China’s recession, and how it’ll fight it – by Noah Smith and this won’t help things: Taiwan tensions force multinationals to rethink China risk | Financial Times 

    China Youth Jobless Rate Hits Record 20% in July on Covid Woes – Bloomberg 

    Consumer behaviour

    Interesting dive into what’s causing the ‘great resignation’ and what it will mean for productivity

    Culture

    Guy Ritchie talks about Snatch – as a film, its interesting, but I won’t bother buying my own copy of Blu-Ray. A few things of note:

    • The direct influence of Sam Peckinpah’s western films on Snatch was not a connection that I saw coming at all
    • Ritchie talks about directing a Jason Statham film remotely via iPad, rather than being on set. I presume that this was done during COVID but still very interesting
    • His use of amateurs as actors because they were the right kind of characters
    • The folkloric nature of pub stories. The bit that chimed with me is how I knew of similar characters growing up at a similar time to Ritchie and some of them I knew personally. As I moved in more middle class circles my exposure to that world declined

    Design

    Big Car have a great documentary on the development of the Renault Scénic including an interview with Renault’s head of design at the time Patrick le Quément.

    Economics

    Why Mexico is missing its chance to profit from US-China decoupling | Financial TimesWhile foreign companies have borne the brunt of López Obrador’s attacks, the handful of big Mexican businesses that control large parts of the economy have been less affected. When the president wanted to tackle inflation, his government invited Mexican business leaders for private conversations to agree an informal pact limiting price rises on basic groceries. “It wasn’t a big sacrifice,” noted the owner of one large Mexican group.  Mexico’s oligarchs have reinforced the impression of a cosy relationship with the president by making supportive statements in public and confining any criticism to conversations behind closed doors. “All the Mexican business leaders complain about Amlo,” says the chief executive of one big foreign company. “But when they meet him, they all appear afterwards in public saying how wonderful he is . . It’s a circle of collusion.”

    The Squeeze on Russia Is Loosening – by Matthew C. Klein – which begs the question, how is this possible?

    Ethics

    Interesting discussion with Dr Joseph Needham on the boundaries of science and the role of religion.

    FMCG

    [New Report] The US$3.66 billion bubble tea market of Southeast Asia – TLD by MW | DO

    Gadgets

    I hadn’t realised that 8-track cartridges were used as a karaoke medium in Japan. I thought that they had gone from vinyl to cassette and then on to laser disc. Vinyl based karaoke is what gave use the Technics SL-1200 series of turntables, which is why the speed control on the right hand side of the deck was called a ‘pitch fader’.

    The reason why these karaoke featured have a common design with the US 8-track cartridge players is likely down to the relatively high tooling costs to create the plastic mouldings. You can see the ’round polished marks in the recessed section where the inputs and outputs are that show a tools has been amended and quickly cleaned up.

    Health

    MACAU DAILY TIMES 澳門每日時報 » Article on ‘fat’ Arab women sparks uproar over body-shaming 

    In The Shadow Of Roe V Wade, Headspace Focuses Marketing On Women’s Health Education | The Drum 

    Linda Evangelista back on Vogue cover after being ‘deformed’ by procedure – BBC News 

    Interesting development in diabetes patients in the US. This could break players like Novo Nordisk.

    CSL unites under a single global brand – News 

    Hong Kong

    Samuel Bickett had some really good insight into why Joshua Wong and several other people pled guilty to charges under the national security law : The Hong Kong 47 Committed No Crime…So Why Are So Many of Them Pleading Guilty? – Bickett points out that their actions were legal under the Basic Law article 52, but the National Security Law seems to supersede and reinterpret the basic law to anything the authorities want it to be.

    The Chief Executive of the Hong Kong Special Administrative Region must resign under any of the following circumstances: When he or she loses the ability to discharge his or her duties as a result of serious illness or other reasons; When, after the Legislative Council is dissolved because he or she twice refuses to sign a bill passed by it, the new Legislative Council again passes by a two-thirds majority of all the members the original bill in dispute, but he or she still refuses to sign it; and When, after the Legislative Council is dissolved because it refuses to pass a budget or any other important bill, the new Legislative Council still refuses to pass the original bill in dispute.

    Chapter 4, section 1, article 52, Hong Kong Basic Law (via the Hong Kong Government Basic Law website)

    This now becomes subversion.

    At the moment, this will be of most interest to more political types. Now if you apply that interpretation to short sellers like Muddy Waters Research, punchy buy-side equity analysts or a brief that an advertising planner like me might write where a client is competing against a connected Hong Kong or Chinese company – then legal, reputable and ethical commercial activities can result in national security charges at the whim of the Hong Kong government. This is something that many multinational companies seem to be sleep walking into. Work for a multinational like a VPN provider? That looks like colluding with a foreign power, subversion or even terrorism under the National Security Law.

    The use of the term “national security” is particularly objectionable because the concept has frequently been used in China to criminalise the peaceful exercise of the rights of expression and to persecute those with legitimate demands like democracy and human rights. Its inclusion raises fears of extension of such Mainland Chinese practices to Hong Kong especially in the light of Article 23 of the Basic Law.

    1997–98 Memorandum submitted by the Hong Kong Human Rights Monitor, Appendix 5, paragraph 136

    Hong Kong already had substantive security laws in place since British rule. Notably the 1971 Criminal Ordinance which remains on the books.

    Then there is the way that the judiciary in Hong Kong has been shaped by the National Security Law. No defendant has won any points with regards the law and judicial decisions have allowed the law to be used in a retrospective manner in concert with older colonial era laws.

    Secondly, Bickett provides great insight into how the process of being shipped back and forth to court and even the hearings themselves are designed to grind the defendants down mentally and physically. Which explains: Benny Tai and Joshua Wong among 29 Hong Kong democrats set to plead guilty in high-profile subversion case – Hong Kong Free Press HKFP – at the time that I read it, I noted an interesting correlation between those that managed to get bail and pleading not guilty, versus those denied bail and pleading guilty.

    ‘Now Hong Kong people are to run Hong Kong…’

    Ordeal of Hong Kong hostages in jobs scam a warning not to be ignored | South China Morning PostWith several Hongkongers still unaccounted for after being trafficked to Southeast Asian countries, security officials have set up a special task force to investigate

    Ideas

    Activism isn’t for everyone – by Ian Leslie – The Ruffian 

    The Adoption of Innovation | Stanford Social Innovation Review

    Innovation

    The War Economy: Is America falling behind China in science? – Noah Smith on how Chinese military civil fusion is affecting the relative balance between the US and communist China

    Welfare Queens | No Mercy / No Malice – Galloway on the benefits of US government research funding

    Exclusive: Shanghai software firm is behind Hong Kong’s failed bid for UK’s Pulsic, as geopolitics spurs rivalry for semiconductor supremacy | South China Morning Post – Pulsic is the developer of some innovative electronic design automation software. Worthwhile reading with: China strongly opposes U.S. chips bill: commerce ministry-Xinhua – guess that means the US is doing the right thing

    SK hynix DRAM Product Planning Spearheads the Memory Evolution in the Post-HBM3 Era – EETimes 

    Ireland

    Foreign Agent – The IRA’s American connection | Novara Media – interesting documentary on NORAID

    Japan

    A film produced by a German film crew in 1966 to try and bring to life Japanese life for a European audience. I am sure that some of the manufacturing scenes are b-roll footage, but it is fascinating nonetheless. There is a style to the car and light truck designs which is a lovely aesthetic.

    Vintage Studio 1 tracks mixed by Japanese sound system veterans Mighty Crown

    Korea

    Tesla quickly losing grounds in Korea with zero sale in July – 매일경제 영문뉴스 펄스(Pulse) – how much of this is down to production related shortages versus domestic competition is anyone’s guess at the moment

    Luxury

    Why are rich Chinese consumers selling their Rolexes? Passing on your luxury watch or Hermès Birkin bag might get you cash quick in China’s struggling economy – but prices are dropping | South China Morning Post“The boom time is over,” says James Wang, a seller of second-hand luxury watches in the eastern city of Nanjing. “We are entering a correction period that could last for a long time.” “Patek Philippe says you never actually own its watch but merely look after it for the next generation,” he continues. “That’s not the case in a business crisis. It’s probably the weakest I’ve seen in my 25 years in China.” – A few things going on here.

    1/ Chinese consumers overstretched themselves on luxury goods

    2/ China is going through straitened financial times, 6 percent GDP growth feels like zero growth in developed markets. I have heard growth being described as being closer to 3 percent. Government control and intervention means that you won’t see the kind of collapse you saw in the west during 2008 and 2009 and internal security would stomp all over any ‘Occupy Wall Street’ analogue. Security forces are already suppressing depositors who have lost their savings in regional banks. There are also a lot of investors in property businesses: China Evergrande Shares Are Worthless, Top Fund Manager Says 

    3/ Change in political tone. ‘Common prosperity’ means less money at the top and in the upper middle classes, which then means less luxury consumption. And finally you are coming down from a huge global high: Swiss Watch Exports Hit a Eight-Year High as Demand Continues – Robb Report 

    Materials

    Lignin may lead to greener, stronger carbon fiber – Futurity – not particularly surprising given that brown coal is called lignite

    GE’s Molten Salt Battery Failure – by Jon Y 

    Online

    What “algorithm details” Beijing asked for from Chinese tech giants and China will NOT break up tech platforms: PKU task force | Pekingnology – they’ll just co-opt them instead

    Google Search Is Quietly Damaging Democracy | WIRED and more Google woes: Google loses two execs: one for Messaging and Workspace, another for Payments | Ars Technica 

    Security

    Russia Holding Its Arms Expo With Weapons That May Be A ‘Hard Sell’ Now. | SOFREP – it is interesting that the Russians took steps to make sure the captured American gear on display was spotlessly clean, right down to the tyre paint. Who is to say that some of the gear came in by being bought or traded with the Taliban rather than from the Ukraine battlefield? I wouldn’t be surprised if Russia did a ‘homage’ to the M777. Russia has a wealth of experience in titanium fabrication from submarine hulls to aircraft, so the M777 carriage shouldn’t be that hard. The challenge would be the digital tools used to facilitate a higher degree of accuracy.

    Chinese robotic dog maker Unitree distances itself from Russian report showing a mounted rocket launcher | South China Morning Post 

    Software

    This New Tool Lets You Analyse TikTok Hashtags – bellingcat 

    Web of no web

    Moving beyond Wipeout’s Red Bull billboards – We Are Social UK 

    Dentsu claims new VI service can unlock the metaverse – More About Advertising 

    Animoca Brands launches new season for The Sandbox amid plunging metaverse real estate prices | South China Morning PostThe Hong Kong-based blockchain video gaming platform is launching its biggest season yet on August 24, offering 98 ‘experiences’ over 10 weeks. The Sandbox is betting on an extended season to attract players as its Ethereum-based virtual land sales have fallen to a quarter of their value nine months ago

    ViewSonic lays out plans for education metaverseViewSonic, which marks its 35th year of establishment in 2022, has been actively promoting digital transformation in recent years, shifting from a hardware company to a solutions company. Looking towards the future, company chairman James Chu has laid out the key development strategy of “ecosystem as a service,” announcing the Universe education metaverse software. Chu pointed out that ViewSonic has transformed in response to the rapidly changing environment. The company will focus on assisting the digital transformation of the education market. In the third quarter of 2021, ViewSonic’s electronic whiteboard was already no.1 in global market share, Chu said. Its Universe education metaverse software aims to level up the traditional 2D digital education into a 3D interactive virtual education platform. The goal is to solve the lack of interactivity and participation and make online education feel as if it is in-person. The proposed “ecosystem as a service” is about the integration of hardware, software and service, it said. Regarding software and hardware, ViewSonic will integrate its ViewBoard, a smart interactive electronic whiteboard, with myViewBoard, a digital teaching platform, to provide a complete education technology solution.

    Wireless

    Nokia radio technology to enable AST SpaceMobile’s direct-to-cell phone connectivity from space | AST & Science and MediaTek powers mobile phone connection with 5G non-terrestrial network – Telecompaper

    China’s Huawei signs $100 million deal with Solomon Islands | Sydney Morning Herald 

  • The Visual MBA

    Jason Barron’s book The Visual MBA looks to distill down business principles into more easily understandable formats. The Visual MBA has been translated into a number of European languages since it was published in 2019, which is a good indicator of the book’s utility. So I thought I would take the time to review The Visual MBA and see how I got on with it and whether it lives up to its premise.

    The Visual MBA

    Areas covered in The Visual MBA

    The content of The Visual MBA is broken down into a number of areas including:

    • Leadership
    • Corporate financial reporting
    • Entrepreneurship (management and financial focus)
    • Management accounting
    • Business finance
    • Marketing
    • Operations management
    • HR
    • Strategy
    • Ethics
    • Decision making
    • Startups

    The book itself is a robust hardback book that would be fine in a daypack lugged around campus. As with any book there are things that could be put in and taken away. My impression of the content is that would be useful to someone studying business at A’level or in the first year of an undergraduate degree. I personally found the marketing section frustrating. Part of the reason for this is that the depth of the subject was barely scratched. Readers were not prompted to even ask the right kind of questions.

    There was nothing that would spur you to read more and read widely. I suspect that this would be the case with the other areas covered by the book as well. It creates the false confidence that would appeal to a surface player. I think that is dangerous for readers and the businesses that they work for.

    Do I think the premise of the book works?

    The book neatly summarises many of the key concepts that would be taught in a general business course and it explains the points in a simple manner. For instance the idea of balance sheets reminded me of the first semester in the first year of my marketing degree in terms of its explanations.

    Where I am less sure of the book’s benefits was whether the illustrations would make me retain any better the content of the book? I will ignore the fact that for some pages the drawings weren’t illustrated but instead representations of the headlines in a hand drawn typography. I might the book beneficial if they were my diagrams that I was sketching in my notes. But I don’t think they have the same effect on a reader of the book.

    In summary I would recommend that one buys the book as a simple guide to business studies or commerce rather than the visual aide memoire that the book seems to promise. If this sounds of interest to you you can get more information here.

  • Objectified garlic + more things

    Objectified garlic puts up a stink in Korea

    I didn’t expect to be writing the words objectified garlic in such close proximity, ever. The reason for this post is down to an advert put together by an area of South Korea to promote its high quality garlic to Korean city dwellers. The advert was full of double entendres and was accused by critics of having objectified garlic.

    The house I grew up in

    Hiscox home insurance did this TV advert that makes really good use of projection mapping to tell a story. I can’t believe that this is now eight years old as an execution.

    Fuzzy logic versus cloud based AI

    I have written a good deal before on the benefits of fuzzy logic which is a much more efficient technology than machine learning for a lot of challenges, particularly if the machine learning is based on cloud computing a la the internet of things (IoT).

    E-mu Systems SP1200

    Back in the 1980s E-mu Systems were known as one of the pioneers of sampling with their Emulator series of keyboards, alongside the likes of CMI with the Fairlight and New England Digital’s Synclavier. They were bought out in 1993 by Creative Techology like rival Ensoniq – eventually they were both merged together. The SP1200 was a sample based drum machine and sequencer that came out in 1987. It gets its distinctive sound from 12 bit sampling done at about 26 KHz. By comparison, a CD based on 16 bit sampling at 44.1 KHz. It was beloved of hip hop producers from the late 1980s though to the mid 1990s. It is still sought after now.

    This video gives you a good idea of how it is operated and hints at the benefits of hardware controls over software interfaces on modern digital audio workstation applications.

  • Food film trilogy + more stuff

    Food film trilogy

    PES are a stop motion animation house, whom I was introduced to by Guy, one of the creative directors that I work with. Film food trilogy is one set of films that they did a number of years ago, over a seven year period.

    The film food trilogy starts with Western Spaghetti

    The second film Fresh Guacamole was short listed for an Oscar nomination.

    The final one in the food film trilogy is Submarine Sandwich.

    Doraemon and Toyota collaboration for advertisement

    The premise in these Toyota films is that it is 30 years later and the human characters have grown up, but have still stayed in the respective relative status to each other. The giant is still a bully for instance and Nobita is still a dweeb.

    https://youtu.be/OfnUNmjHzoQ

    Big Data China: AI – Surveillance symbiosis

    Interesting discussion on the use of big data and machine learning in China. The programmable world with Chinese authoritarian characteristics. Some interesting insights in this stream. The event covers:

    how China‘s large-scale investments in surveillance technology is both enhancing the state‘s capacity to repress dissent and providing commercial advantage to Chinese AI companies operating in the facial recognition and surveillance space.

    CSIS

    It is worthwhile looking at the materials that the CSIS is doing in association with Stanford University on Big Data China.

    How LVMH took over Asia

    Asianometry looks how Louis Vuitton grew so big in Asia. Japan and Hong Kong took over luxury sales increased in the 1970s due to a massive increase in disposable income. Its interesting that much of it was driven initially by Japanese department stores in the 1960s and Ferragamo was one of the first western luxury brands that they stocked. Louis Vuitton opened their first store in Japan in the Ginza district in the 1970s, they had somehow managed to leap the chasm that stymied other rivals who were traditional medium-sized enterprises like Louis Vuitton at the time. Well worth a look at this video.

  • Alibaba + more things

    Alibaba lost ambition

    Two interesting things have come out today on Alibaba: Alibaba moves closer to home with Hong Kong dual-primary listing | Financial Times – this is interesting because it implies that Alibaba either couldn’t remain in the US stock exchange with the new Chinese tiered data enterprise ruling: China plans three-tier data strategy to avoid US delistings | Financial Times or punishment of Jack Ma continues.

    jack ma

    Which means the only listings are likely to be old industry listings of state owned firms that foreign investors wouldn’t want to deal with anyway. The second one was: Alibaba scales back global expansion plan to rival Amazon | Financial TimesAlibaba.com’s US operation has failed to meet its initial targets, forcing the Chinese company to readjust its growth plans, according to three people familiar with the operations. The project has also been hit by dozens of staff departures from its New York office. The troubles at its US business-to-business arm come as Alibaba steps up its international push as its domestic operations continue to get hit by Beijing’s tech crackdown, slowing economy and rising competition. However, Alibaba.com has struggled to retain US sellers since its launch, in part down to the difficulty of competing with the prices of global merchants. “US manufacturers aren’t as competitive, the cost of everything is a lot higher including labour. The team do not have enough support internally, so they can’t get enough suppliers and sellers on board,” one current employee said – you could read this as the US is uncompetitive, or Alibaba only manages to sell on cost rather than value (quality, flexibility, after sales service don’t matter).

    Business

    Leicester garment factories still exploiting staff, study finds | Financial Times – not terribly surprising in Brexit Britain.

    Aviation sector will be disrupted for years, Qatar Airways boss says | Financial Times“Covid has damaged the supply chain of the industry . . . I think that it will last for a couple of years — it is not going to go away tomorrow,” Akbar Al Baker told the Financial Times in an interview. Labour shortages in Europe, delays in aircraft deliveries from manufacturers and a lack of spare parts had all affected Qatar Airways, he added. – and this is without the problems that airports have faced in baggage handling etc. If aircraft deliveries were really an issue, why did Qatar pick a fight with Airbus?

    Economics

    Pakistan is in big trouble – by Noah Smith – Noahpinion – what happens when China stops writing cheques?

    Finance

    Henan protests highlight concerns over China’s rural banking sector | Financial Times – is this China’s equivalent of the 1990s Savings and Loans scandal that bedevilled the US?

    Hong Kong

    HSBC’s past may not help its future | Financial TimesThere is no place in the new Hong Kong for a pre-eminent bank which is not institutionally subject to the Chinese government. As China turns inwards, it makes sense for the ruling party to want its own financiers in command of a smaller standalone lender that will be well-capitalised, regionally-focused and prepared to serve national objectives, not global shareholders. The installation of a Communist party committee at HSBC’s Chinese investment banking subsidiary, reported by the FT, is a prelude of what is to come: a slow, patient strategy of small steps designed to make inevitable a break-up already determined on high in Beijing. That is why Ping An has fired the first shot in the final battle over the colonial legacy of Hong Konga place China has always called “a problem left over from history”. – the smart play would be to cut the PRC and Hong Kong business off from the rest of the network. While China is the growth engine, it relies on the rest of the network for this profitable wealth management business. Secondly, what will happen with Standard Chartered?

    Ideas

    Reviving Progress in the UK – there is an issue with the capital injection required by the plans outlined. Would anyone trust the UK government that they would be able to execute in a competent manner on the ideas? I think that the UK is suffering from a crisis of competence as much as anything else.

    Japan

    Majority of younger Japanese people in survey respect less than 30 percent of their old coworkers | SoraNews24 – crumbling social contract of salary men and the iron rice bowl

    Legal

    Sextortion: a Costly Hell for Celebs, CEOs, Sports Stars

    Luxury

    Cultural appropriation vs appreciation: Can luxury brands in China tell the difference? | Campaign Asia – a mix of things going on here. Poor executions of ‘Chinese-ness’ by western brands historically (I’m looking at you Burberry) and nationalism which has made consumers much more confident and intolerant – rather than cultural appropriation a la ‘African American hair’ style concerns.

    Marketing

    Best of the Week: Sorrell is a unicorn no longer; and Facebook pulled the rug on news again – good analysis of why S4 puzzled some of us industry veterans who had worked at Sorrell-era WPP of miserly pay rises, terrible IT equipment due to penny pinching and constantly lengthening periods between pay reviews

    Media

    Associated Press Aims to Drop the Term “Assault Rifle” from StylebookThe Firearm Blog – really interesting change towards more neutral language while the progressive media obsesses about the new SIG-Sauer MCX Spear which is similar in terms of lethal effect to the longer range rifles field during the first part of the cold war. These cold war era designs have been modernised and are available to gun owners across most of the US. The MCX Spear relies on a newer, harder to get ammunition. This ammunition is also harder to fill at home than existing formats like the earlier NATO 5.56mm and 7.62mmm rounds. Older weapons like the Heckler & Koch G3 are a bit heavier but offer a similar performance, yet you wouldn’t get this information from the progressive media. Regardless of your opinion on gun control, the facts matter.

    “I HAVE NOTHING TO HIDE” | Campaign Monitor – Ad Contrarian on privacy and ad platforms

    Retailing

    Maybe We Don’t Need Groceries in 15 Minutes After All – The New York Times

    Shein shed $30b in value since April, private bids show – not that surprising given how disposable has declined

    Security

    CNN Exclusive: FBI investigation determined Chinese-made Huawei equipment could disrupt US nuclear arsenal communications – CNNPolitics

    Software

    Revealed: Documents Show How Roblox Planned to Bend to Chinese Censorship

    Taiwan

    Taiwan’s ‘time machine’ house recreates, preserves memories of Hong Kong — Radio Free Asia – this is a really interesting project by Hong Kong expats, for Hong Kong expats based in Taiwan. The idea of collective memory and nostalgia also came through this piece here: Mementos of a vanished Hong Kong pile up at vintage second-hand store amid emigration wave – Hong Kong Free Press HKFP 

    Technology

    Beijing detains high-flying Tsinghua semiconductor boss, report says | Financial TimesZhao Weiguo, the former head of an expansive Chinese conglomerate with state backing and deep investments in the global technology sector, has been placed under investigation by officials in Beijing, according to local media. The 54-year-old, who led cash-strapped chipmaking giant Tsinghua Unigroup for a decade, has been out of contact after being taken from his home by authorities in mid-July, reported Caixin, a Chinese business publication.

    Telecoms

    Eutelsat to bid for OneWeb – eeNews Europe and interesting direct state involvement in the combined business UK and France to get board seats in planned Eutelsat and OneWeb tie-up | Financial Times