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Fons Tuinstra
Works at China Speakers Bureau
Attended Radboud University Nijmegen
Lives in Brasschaat, Belgium
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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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President China Speakers Bureau
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    President China Speakers Bureau, present
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Brasschaat, Belgium
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Lausanne, Switzerland - Shanghai, China - Ann Arbor, USA - Nijmegen, the Netherlands - Maastricht, the Netherlands
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Fons Tuinstra

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AXA, Alibaba and Ant Financial Services Form Global Strategic Partnership

AXA, Alibaba and Ant Financial Services have formed a global strategic partnership to explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global e-commerce platforms.

The companies plan to work together to develop products and services, while developing and exploring new markets and segments, said AXA in a statement.
AXA, Alibaba and Ant Financial Services have formed a global strategic partnership to explore opportunities to distribute AXA's insurance products and serv
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China finally made ride-hailing legal, in a way that could destroy Uber´s business model

Ride-hailing companies like Uber have finally become legal in China after attracting billions of dollars in investments and staging a battle to dominate the Chinese market.
The Chinese government on Thursday (July 28) released a set of new rules (link in Chinese) legalizing ride-hailing services like Uber and its homegrown rival, Didi Chuxing, nationwide. Previously they operated in China in a legal gray area, with drivers facing arrests in some areas. The new law, which takes effect on Nov. 1, requires drivers to have three years of driving experience and no criminal record, and to be licensed by a local taxi authority.
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China Steels Its Resolve, But "Zombies" Abound - WSJ

China’s steel industry is a test case for the nation’s ability to restructure overbuilt parts of the economy, and so far it’s not going very well.

Seven months into 2016, China has cut just 30% of the 45 million tons of steel capacity it has pledged to pare this year. And a Renmin University study found that more than half of China’s steel companies are “zombies.”
China’s steel industry is a test case for the nation’s ability to restructure overbuilt parts of the economy, and so far it’s not going very well. Seven months into 2016, China has cut just 30% of the 45 million tons of steel capacity it has pledged to pare this year.
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China´s Fosun inks US$1.3 billion deal for Indian pharma company - SCMP

Shanghai-based conglomerate Fosun said on Thursday it has inked a US$1.3 billion deal to buy the controlling interest in an Indian pharmaceutical company held by private equity fund KKR and the company’s founders.
Its target, Gland Pharma, is a 38-year old specialist manufacturer of injection drugs and the only India-based company to have secured the US Food & Drug Administration department’s approval for the medicines it manufactures and sells from India. Its key markets are located in US and Europe.
Gland Pharma’s technology and drug portfolio can be applied to a large range of health conditions and applications – from cancer treatment and cardiovascular conditions to diagnosis.
Shanghai-based conglomerate Fosun said on Thursday it has inked a US$1.3 billion deal to buy the controlling interest in an Indian pharmaceutical company held by private equity fund KKR and the company’s founders....
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Apple´s fading fortune in China likely to continue - ZDNet

Apple's recently announced sales in the Greater China market fell 33 percent to $8.8 billion for the three-month period ending in June, contrasting to the 112 percent gain a year earlier. In the meantime, Chinese technology giant Huawei, which sells most of its mobile phones in its home country, said it is confident to realize a target shipment of 140 million smartphones for the year -- a 30 percent increase in from 108 million units in 2015, after its revenue for the first six months of this year jumped 40 percent to 245.5 billion yuan ($36.9 billion).
The dismal quarterly result in China is more than a warning bell for Apple as the company is now short of methods to further expand its influence in the world's most populated market.
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China legalizes Uber and Didi with new rules. But there are lots of catches - TechinAsia

China today made public the final draft of a new law that will legalize ride-hailing apps from the likes of Uber and Didi Chuxing. The new rules take effect on November 1.

Although the regulations are not as scary as they appeared in the first draft back in October, they still present some challenges to Uber and Didi. Drivers must now have a minimum of three years of on-road experience, which will force out some part-time and full-time drivers who had only just got their driving licenses.

Tech in Asia has contacted both Uber and Didi to ask how many drivers they will lose.
Image uses photo from Pixabay. China today made public the final draft of a new law that will legalize ride-hailing apps from the likes of Uber and Didi Chuxing. The
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Fons Tuinstra

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Is China the hitch for the Hinkley Point deal? - BBC

While others may be professing astonishment over the British government decision to delay this deal on the eve of signing, the Chinese stakeholders are too polite - for now.
Despite putting up a third of the funding and sending a delegation to the UK to celebrate what they along with everyone else expected to be the final launch ceremony for the project, a statement from China General Nuclear Power Corporation or CGN expressed understanding today:
Does the new UK government have a different view of national security from that of its predecessor? The BBC China Editor Carrie Gracie reports.
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Hinkley Point: Surprise delay for nuclear plant deal - BBC

Plans to build the first new UK nuclear plant in 20 years have suffered an unexpected delay after the government postponed a final decision until the early autumn.
French firm EDF, which is financing most of the £18bn Hinkley Point project in Somerset, approved the funding at a board meeting.
Contracts were to be signed on Friday.
But Business Secretary Greg Clark has said the government will "consider carefully" before backing it.
Plans to build the first new UK nuclear plant in 20 years suffer an unexpected delay after the government postpones a final decision until the early autumn.
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i warn about this in my community " africa & environment - informed choice". where's the resistance?
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China´s SOE Reform - The Wrong Path - Nicholas Lardy

A key component of China’s SOE reform strategy (link is external)—mergers of the largest firms in the same industry—seems very unlikely to improve the efficiency of bloated state-owned enterprises. Instead, the government should increase competition by allowing the entry of private firms into sectors where a handful of state firms exercise market power and it should subject money-losing state owned firms to hard budget constraints. These policies offer the best prospect for increasing productivity and sustaining China’s economic growth.
A key component of China’s SOE reform strategy—mergers of the largest firms in the same industry—seems very unlikely to improve the efficiency of bloated state-owned enterprises.  Instead, the government should in
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Beijing´s Ritz-Carlton hotel fined 2 million yuan for raising rates after China´s tax reform - SCMP

A Ritz-Carlton hotel in the Chinese capital has been fined 2 million yuan (HK$2.3 million) for raising prices on the pretext of covering extra taxes.
The luxury hotel in downtown Beijing had increased its food charges after the government’s implementation of a major tax overhaul.
Hotels in China raise rates – and ire – despite lower taxes

The National Development and Reform Commission said on Friday that Ritz-Carlton had used the tax reform to impose additional charges on food served in the hotel.
The case comes after a series of hotels and other businesses tried to increase their prices following a new value-added tax system that took effect in May.
Five other firms also penalised for increasing prices despite new system designed to lower their taxes
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More merging shipping lines? Wait and see - Paul French

China´s state-owned shipping industry has already seen massive mergers over the past 18 months, and this week the State Council - the country´s highest administrative body - announced more mergers. But China veteran Paul French warns in Splash 247 to read too much into the announcement. Just an announcement does not mean it is a done deal.
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China Reveals Regulations To Legalize Ride-Share Platforms

China revealed a set of ride-sharing regulations to legalize car-hailing services from November, lifting any regulatory uncertainty surrounding mobile Internet giants including Didi Chuxing and Uber China.

China’s Ministry of Transportation and six other government ministries jointly revealed the set of rules during a press conference today in Beijing. Named Preliminary Rules on the Management of Online Car-Booking, the rules legalize online car-booking services at the national level for the first time.

As the world’s first nationwide online ride-booking regulation, the rules were revised on a number of important issues since an earlier draft was circulated last October to give more leeway to ride-share firms.

Specifically, a general licensing and regulatory framework was created for ride-share platforms, drivers and vehicles.
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Fons's Collections
Fons Tuinstra's +1's are the things they like, agree with, or want to recommend.
Yang Jian.
adage.com

Government Ponders Relaxing Rules Requiring Global Car Companies Do 50-50 Joint-Ventures With Local Partner

Hinkley Point: Surprise delay for nuclear plant deal - BBC News
www.bbc.com

Plans to build the first new UK nuclear plant in 20 years suffer an unexpected delay after the government postpones a final decision until t

China Steels Its Resolve, But ‘Zombies’ Abound - China Real Time Report ...
blogs.wsj.com

Chinese workers next to a furnace containing molten steel at a Dongbei Special Steel Group Co., Ltd. plant in Dalian city, northeast China's

China’s Fosun inks US$1.3 billion deal for Indian pharma company | South...
www.scmp.com

Shanghai-based conglomerate Fosun said on Thursday it has inked a US$1.3 billion deal to buy the controlling interest in an Indian pharmaceu

Beijing’s Ritz-Carlton hotel fined 2 million yuan for raising rates afte...
www.scmp.com

A Ritz-Carlton hotel in the Chinese capital has been fined 2 million yuan (HK$2.3 million) for raising prices on the pretext of covering ext

Apple's fading fortune in China likely to continue | ZDNet
www.zdnet.com

The dismal quarterly result in China is more than a warning bell for Apple as the company is now short of methods to further expand its infl

More merging shipping lines? Wait and see - Paul French
chinaherald2.blogspot.be

Paul French China´s state-owned shipping industry has already seen massive mergers over the past 18 months, and this week the State Council

China Reveals Regulations To Legalize Ride-Share Platforms - China Money...
www.chinamoneynetwork.com

China Reveals Regulations To Legalize Ride-Share Platforms - China Money Network

Chinese firm to invest hundreds of millions in Sheffield as council sign...
www.thestar.co.uk

A 60-year deal has been signed to bring hundreds of millions of pounds of Chinese money into Sheffield.

Four Chinese Drones You Can’t Miss In 2016 - TechNode
technode.com

The global commercial drone market is taking off as technology improvement transforms drones from a cutting-edge technology in labs into aff

Sotheby’s Attracts Yet Another Activist in China’s Taikang Life
www.bloomberg.com

Sotheby’s, the auction house with two U.S. activist shareholders among its top investors, now also has two influential Asian owners.

Chinese tourists shun western Europe in wake of terror attacks as travel...
www.scmp.com

A string of terrorist attacks in Europe has dampened interest in the continent among mainland Chinese tourists, a fast-growing segment of th

Widely different local economic growth rates pose new challenges for Chi...
www.scmp.com

Local economic growth across China is on an increasing polarised trajectory with double-digit growth in some places and recession in others,

The Netflix of China Just Bought Vizio to Conquer the US | WIRED
www.wired.com

The Netflix of China now has the ability to push its online services into the US market on US televisions.

Risks still facing China's economy -
www.china.org.cn

China's economic growth still faces heavy downward pressure, a meeting of the Political Bureau of the Communist Party of China Central Commi

China shadow banking assets grew 30 percent in 2015 - Moody's
uk.reuters.com

Shadow banking activity in China has expanded further and now accounts for nearly a third of the total banking sector assets, raising financ

Just in time for the death of the PC industry, Xiaomi launches a laptop
www.techinasia.com

It's called the Mi Notebook Air. Hmmm... That sounds kinda familiar.

Police Scrutiny in China Hinders Condom Use Among Prostitutes, Study Say...
www.nytimes.com

Those in three major Chinese cities were found to be significantly less likely to carry or use condoms if the police had questioned them in

Chinese Investors Spent $17B On Outbound Real Estate Deals In First Five...
www.chinamoneynetwork.com

Chinese Investors Spent $17B On Outbound Real Estate Deals In First Five Month - China Money Network

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