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Fons Tuinstra
Works at China Speakers Bureau
Attended Radboud University Nijmegen
Lives in Brasschaat, Belgium
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China starts investigation of Sinochem Group president Cai Xiyou - Reuters

Cai Xiyou, president of Sinochem Group, the Chinese energy and chemicals conglomerates, has been put under investigation for serious discipline violations, China's main anti-corruption agency said on Saturday, using the usual euphemism for graft.

The ruling Communist Party's Central Commission for Discipline Inspection (CCDI) published a one-line statement on its website on Saturday, providing no other details about Cai's suspected wrongdoing.
Cai Xiyou, president of Sinochem Group, the Chinese energy and chemicals conglomerates, has been put under investigation for serious discipline violations, China's main anti-corruption agency said on Saturday, using the usual euphemism for graft.
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Ponzi Scheme in China Gained Credibility From State Media - NYT

At every turn in his improbably rapid rise, Ding Ning, 34, went to great efforts to convey the image of strong government backing for his Internet financing business.

There was his company’s lavish annual meeting and banquet last year in Beijing’s Great Hall of the People, where China’s legislature meets and where top government leaders host official functions. Adding a splash of celebrity to the event were Zhou Tao, a nationally famous actress and host on the government’s main television broadcaster, and several mid-ranking officials, bureaucrats and lawmakers.
The police say Ding Ning’s Internet financing business, Ezubao, was a $7.6 billion Ponzi scheme and have arrested him and 20 others.
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Why are so many good footballers moving to China? - Telegraph

It won't have slipped your notice that money talks in the world of football and there is a new kid on the block when it comes to splashing the cash.
Over the course of the past couple of weeks Jackson Martinez, Ramires and Alex Teixeira have all moved to the Chinese Super League for a combined total of £90million.
While big names joining clubs outside Europe is nothing new, the key difference between the current crop heading to China and those packing their bags for places like America or the Middle East is that Martinez, Ramires and Teixeira are far from ageing stars.
How come so many top players are suddenly moving to the Chinese Super League and does anyone actually watch them once they arrive? Here are all the answers you need to know about the new footballing superpower
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China´s efforts to expand the international use of the renminbi - Brookings


Report | February 4, 2016

China's efforts to expand the international use of the renminbi

By: Eswar Prasad

China’s economy is now the second largest in the world and a key driver of global growth. Its currency, the renminbi (RMB), was only recently elevated to the status of an official reserve currency. The potential for the RMB to develop quickly into an international currency is not without historical precedent. However, any discussion of the RMB’s ascendance might seem premature given that China has neither a flexible exchange rate nor an open capital account, once considered essential prerequisites for a country’s currency to have a major role in global financial markets.
In a new report, Eswar Prasad concludes that China's renminbi (RMB) has made progress as an international currency and even as a global reserve currency, but it is unlikely to become a safe haven currency. Prasad explains that recent turmoil in China’s currency and equity markets may slow the RMB’s progress but won’t derail it so long as China’s government restarts financial market and broader economic reforms.
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In "Communist" China, Alibaba Is Training People to Shop Online - Wired

A VILLAGER FROM a far-flung rural community in China needs pesticides. Or fertilizers. Or maybe a tractor for his farm. Heck, maybe he just wants a 65-inch television.

So what does he do? In thousands of villages across rural China, he strolls down the road to the Alibaba kiosk, connected to the Internet for free on an Alibaba-provided computer, and places an order. And if he’s never ordered anything online before, an Alibaba service center manager who hails from the same town is probably by his side.
As China's economy slows, Internet giant Alibaba has reason to worry. So it's making sure as many of its 1.3 billion people as possible can shop online.
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After Piraeus Port, China´s COSCO eyes Greek trains to build Europe hub, sources - Reuters

 China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub.

Buying TRAINOSE and Piraeus Port would give COSCO maritime connections to the Suez Canal and rail links to the Balkans and central and Eastern Europe.

Bolstered by December's merger with China Shipping Group , COSCO's focus on Greece is about building market share at a time of anguish in a bruised and oversupplied shipping sector, industry sources said.
China's COSCO is expectedto make an offer for Greece's rail network after becoming thesole bidder for the country's largest port, two people familiarwith the matter said, as the state owned shipping giant forgesahead with a plan to build a European transhipment hub.
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China´s P2P lending crisis: second major bank pulls support for payment to P2P lending sites - TechinAsia

On Monday, I wrote that the high-profile Ezubao Ponzi scheme case was likely to have a negative impact on China’s entire P2P lending industry. It looks like that’s already happening. On Wednesday, Sina Tech reported China Merchants Bank has notified third-party e-payment platforms that starting Friday, it will no longer support payments to P2P lending services.
China Merchants Bank has joined Agricultural Bank in asking third-party payment providers not to associate its cards or accounts with P2P lending payments.
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Such a cool piece! I love that more and more people in the US are using #WeChat . It makes it so much easier to stay in touch. FYI: I never go onto Facebook anymore, but you can always find me posting on WeChat! It makes Facebook and Twitter look silly and dated by comparison.
China's hottest social networking app has become a way for some divorced Chinese émigrés to find love.
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Chinese using carpooling apps to get ride home for holidays - AP

 The hundreds of millions of Chinese heading home for Lunar New Year have a relatively new travel option this year: mobile apps to find carpool partners to share costs in what is a novel concept for most Chinese.

The apps give an alternative to pricey airfares and hard-to-score train tickets. Software developer Li Jin in Shanghai used one after he had to abort his flight plans because of last-minute work demands, and found that the only train tickets left going to his hometown in northwestern Shaanxi province were for expensive business-class seats.

Then he tried using the Didi Chuxing (pronounced "dee dee choo shing") carpool app and found a driver, real estate agent Chen Xiao, going his way.
SHANGHAI (AP) — The hundreds of millions of Chinese heading home for Lunar New Year have a relatively new travel option this year: mobile apps to find carpool partners to share costs in what is a novel concept for most…
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Central bank desperate to stabilize yuan ahead of Lunar New Year - Nikkei

For the People's Bank of China, the Lunar New Year is a precarious time of year.

     The Chinese New Year, also called the Spring Festival, begins on Feb. 8 this year. Around this time of year, funding demand in China always sharply increases. That in turn sends the short-term interest rate soaring.

     But this year, the People's Bank of China, the country's central bank, has decided to take an extraordinary step. It is conducting open market operations every day in the lead-up to and through the holiday season for the first time in its history. The PBOC usually conducts these operations only on Tuesdays and Thursdays.
SHANGHAI -- For the People's Bank of China, the Lunar New Year is a precarious time of year. The Chinese New Year, also called the Spring Festival
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Athletics world records blow as Wang Junxia "admits" being part of Chinese state-sponsored doping regime - Telegraph

The legitimacy of existing athletics world records took another hit on Thursday night when Olympic champion and multiple world record holder Wang Junxia reportedly admitted to being part of a Chinese state-sponsored doping regime.
Wang, whose 10,000m world record set in 1993 is a huge 22 seconds ahead of the next best runner in history, has long had question marks over her performances after producing a series of incredible times when part of a group of runners nicknamed Ma’s Army, after their controversial coach Ma Junren.
10,000m and 3,000m world record holder reportedly signed a letter detailing being forced to take “large doses of illegal drugs over the years”
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China in record direct investment in Germany

State-owned Chinese investor Beijing Enterprises on Thursday agreed to pay 1.43 billion euros ($1.60 billion) for Germany's EEW Energy from Waste, based in the western German town of Helmstedt and employing 1,050 workers.
The Chinese added they were willing to acquire the German waste-to-energy market leader from Swedish private equity group EQT in what was billed as the largest direct investment in Germany by a Chinese firm to date.
China's Beijing Enterprises Holding has agreed to take over Germany's EEW Energy from Waste, a former unit of the country's Eon utility. The transaction marks the largest direct investment by China in the EU powerhouse.
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President China Speakers Bureau, new media advisor
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Global citizen spending his time in Belgium; president of the China Speakers Bureau, A global speakers' bureau, organizing China experts worldwide. Adviser on new media developments
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Lausanne, Switzerland - Shanghai, China - Ann Arbor, USA - Nijmegen, the Netherlands - Maastricht, the Netherlands
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China starts investigation of Sinochem Group president Cai Xiyou
www.reuters.com

Cai Xiyou, president of Sinochem Group, the Chinese energy and chemicals conglomerates, has been put under investigation for serious discipl

China’s P2P lending crisis: second major bank pulls support for payment ...
www.techinasia.com

China Merchants Bank has joined Agricultural Bank in asking third-party payment providers not to associate its cards or accounts with P2P le

Why are so many good footballers moving to China? - Telegraph
www.telegraph.co.uk

How come so many top players are suddenly moving to the Chinese Super League and does anyone actually watch them once they arrive? Here are

Chinese turn to carpooling aps to get ride home for holidays
bigstory.ap.org

SHANGHAI (AP) — The hundreds of millions of Chinese heading home for Lunar New Year have a relatively new travel option this year: mobile ap

Chinese economy: Central bank desperate to stabilize yuan ahead of Lunar...
asia.nikkei.com

SHANGHAI -- For the People's Bank of China, the Lunar New Year is a precarious time of year. The Chinese New Year, also called the Spring Fe

In 'Communist' China, Alibaba Is Training People to Shop Online | WIRED
www.wired.com

As China's economy slows, Internet giant Alibaba has reason to worry. So it's making sure as many of its 1.3 billion people as possible can

Athletics world records blow as Wang Junxia 'admits' being part of Chine...
www.telegraph.co.uk

10,000m and 3,000m world record holder reportedly signed a letter detailing being forced to take “large doses of illegal drugs over the year

With Alibaba’s Jack Ma on board, Augmented Reality Maker Magic Leap Now ...
www.edsurge.com

AN EARLY UNICORN: Can a company be an unicorn without a product? Apparently so. Magic Leap, an augmented reality company that promises to me

Oops! As Publicity Stunt, Suning (Illegally) Hires Foreign Students as C...
lawandborder.com

As a publicity stunt, consumer electronics giant Suning Commerce Group hired a number of foreign students to work as express delivery courie

China’s Little-Known Big Dealmaker
www.bloomberg.com

Ren Jianxin’s pursuit of Switzerland’s Syngenta pays off.

Xi Jinping Assuming New Status as China’s ‘Core’ Leader - The New York T...
www.nytimes.com

The term evokes a stature not recognized since Deng Xiaoping and suggests that President Xi’s steely quest for dominance is not over.

Hackers attack 20 mln accounts on Alibaba's Taobao shopping site
www.reuters.com

Hackers in China attempted toaccess over 20 million active accounts on Alibaba Group HoldingLtd's Taobao e-commerce website using Alibaba's

China's Alibaba seeks sporting gold
www.dailymail.co.uk

Chinese e-commerce giant Alibaba is looking to turn its hundreds of millions of users into sportsmen as it seeks to cash in on the country's

Tripping Point: Chinese Travelers Break Free of the Tour Bus
blogs.wsj.com

All this news about economic slowdown in China has many wondering if the Chinese travel boom is a bust. The quick answer is no.

A rocky road for multinationals amid China´s slowdown - Sara Hsu
www.chinaherald.net

Sara Hsu China´s farewell to double-digit growth is causing multinational companies headaches, also in the services industry where China is

Alibaba’s global marketplace attracts 5,400 foreign brands
www.internetretailer.com

Alibaba’s global marketplace attracts 5,400 foreign brands - U.S. goods are among the best sellers on Alibaba’s Tmall Global shopping site.

Monsanto target Syngenta agrees to $43 billion deal with ChemChina - St....
stlouis.suntimes.com

Syngenta AG, the Swiss chemical and seed company that rejected repeated buyout offers from Monsanto last year, has agreed to a $43 billion d

Avoid this hotel. At the checkout we were forced to pay for the minibar, for products we did not use. When we protested the owner got pretty aggressive, and made clear it was impossible they could have made a mistake. The conversation escalated and he even threatened my wife. There must be similar hotels with a good location and a reasonable price.
Public - a year ago
reviewed a year ago
Excellent place and a great choice of wines. We actually never made it to the food, but enjoyed a nice wine on a sunny terrace
Food: ExcellentDecor: Very GoodService: Excellent
Public - 3 years ago
reviewed 3 years ago
3 reviews
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Nice authentic Chinese food (not spoiled by European tastes) that is very good when you are craving for Chinese food after too much Italian. Preparation was a bit fast-food style, but tasting pretty well. Staff was very friendly and the atmosphere, well, real Chinese.
Public - 5 years ago
reviewed 5 years ago