Marco Castelli @macastel3
Arbitrage commerce between the rest of the world, Italy and China. Shanghai based. SMB owner. Shanghai Joined March 2008-
Tweets16K
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Good meeting in Shanghai with @alphainvesco discussing about China and India opportunities. Hopefully I will go to India soon, after this talk I am really keen to go and see the development first hand!
Neighbors in my building: Xiaomi and Taycan confronted. What do you notice?
Technically you don't own a property in China but a long term leasehold (for many decades). Since it is a fairly new system, in the next 20-30 yrs the leaseholds will expiry. Who knows what will happen; at the end of the day all properties belong to communist collectivity.
Exclusive: ByteDance prefers TikTok shutdown in US if legal options fail It seems that we were right to think that the parent company prefers to shut down US TikTok instead of selling. This is better than a Netflix series and will see what happens reuters.com/technology/byt…
Caterpillar Q1 results out: I always check CAT results as a proxy of how China economy (real estate) is doing. -14% for Q1 y/y due to lower sales volume. Lower sales volume was mainly driven by the impact from changes in dealer inventories. Let's see if this is the bottom.
Here is a hack we use too save money to ship BY AIR from China: - air freight with a Chinese carrier (price per kg denominated in RMB) - ship to foreign airport (ex: Milan) - do all custom clearance using local agent - delivery to local warehouse More and more this year.
Fastest growing part of Meta in Q1: Chinese advertisers +41% y/y (Temu/Shein) Will continue thru 2024.
This guy is about to lose his multi millions package and I feel sorry for him. But, you can’t defend you job playing the freedom of speech card, when TikTok is banned in China. I’d change argument otherwise is he implying that China is illiberal? 🤦♂️
This guy is about to lose his multi millions package and I feel sorry for him. But, you can’t defend you job playing the freedom of speech card, when TikTok is banned in China. I’d change argument otherwise is he implying that China is illiberal? 🤦♂️
Kering Q1 out (luxury group with Gucci, Bottega, Saint Laurent, etc). Sales down -10%. Steep drop in China sales. Luxury has been beaten down this quarter in China, despite GDP growth of 5.3% Let's see if it's a momentary pause or a general resettlement for the sector.
The advantage of living in Shanghai. Easy to visit exhibitions! Next 2 months program: - May 1-2 Canton Fair - May 22 China Beauty - June 19 ProPack (packaging) - June 20 Healthplex (supplements) Who is going?
So we hired a private chef that works at MGM Bellagio for a 2 star Michelin French restaurant group. Had great food (Italian with French influence) and nice to talk chef life experiences. These guys work super hard. It’s really like the Bear (Netflix show)!
Edward Lawrence @EP_Lawrence
50K Followers 6K Following Senior camera journalist for the BBC based in Shanghai. Used to UK cover politics for news and docs, now slowly making my way around the world.
Stephen McDonell @StephenMcDonell
103K Followers 1K Following China Correspondent BBC, formerly Australian Broadcasting Corporation. 如果你也曾经穿过那道看不见的界限并且在没有颜色的街道上找不到可以停留的地方请你一定回来告诉我。P.K.14 baffling bozos since the beginning.
Christian Petersen-Cl.. @chris__pc
17K Followers 2K Following Director making Documentary Films, based in China. 24+ year Expat. I won't die on a couch.
James M Zimmerman @jmzbeijing
12K Followers 1K Following Beijing-based author, lawyer, and political commentator; and former four term chairman of the American Chamber of Commerce in China. https://t.co/DbkhobmSaJ
William Yang @WilliamYang120
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Bill Bishop @niubi
194K Followers 6K Following Sinocism https://t.co/4IciuAHywl Co-founded https://t.co/e9DjtXQ6tc. Sharp China Podcast https://t.co/qVWELS0lYq
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6K Followers 3K Following Lifelong outdoorsman and avid waterfowler. Former Republican, still a conservative, supporter of #2A, Bourbon and Beer is all I drink.
Tina Kanagaratnam @TMK_TinaManiK
6K Followers 1K Following @AsiaMediaPR boss. 27 years in China, 25 in Shanghai. Godmother of @HistoricSH, @shanghaiartdeco & @litshanghai. Alum: @ColumbiaSIPA @AU_SIS @NatCathedralSch
Chinese History Exper.. @chineseciv
16K Followers 11K Following Researcher and writer on China. University degree in history.
Dake Kang @dakekang
38K Followers 4K Following 中文名：姜大翼｜Journalist @AP Beijing | 伟大时代的记录者 @美联社北京分社. 推特现在不让没有被验证的账户发私信，你可以用微信联系我（dakekang) 或者电报, Signal, WhatsApp (+1 201 937 9797). 邮箱: [email protected].
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Cameron Wilson 韦侃.. @CameronWEF
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Sari Arho Havrén @SariArhoHavren
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Fergus Ryan @fryan
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Jared T Nelson @JaredTNelson
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Charles Martin Martin.. @Charles_2M
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China in Pictures @tongbingxue
109K Followers 649 Following Visuals of Greater China. Curated by Tong Bingxue仝冰雪, Collector & Historian, Author: History of Photo Studios in China, A Life in Portraits. DM open.
Stephen McDonell @StephenMcDonell
103K Followers 1K Following China Correspondent BBC, formerly Australian Broadcasting Corporation. 如果你也曾经穿过那道看不见的界限并且在没有颜色的街道上找不到可以停留的地方请你一定回来告诉我。P.K.14 baffling bozos since the beginning.
James M Zimmerman @jmzbeijing
12K Followers 1K Following Beijing-based author, lawyer, and political commentator; and former four term chairman of the American Chamber of Commerce in China. https://t.co/DbkhobmSaJ
Bill Bishop @niubi
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Richard Brubaker @richbrubaker
7K Followers 305 Following sustainability, innovation, and leadership in Asia.
Mark Mi Duck Hunter @MarkFlegm
6K Followers 3K Following Lifelong outdoorsman and avid waterfowler. Former Republican, still a conservative, supporter of #2A, Bourbon and Beer is all I drink.
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21K Followers 3K Following Partly German brain, Hunan stomach. Covering foreign affairs @DIEZEIT
Jared T Nelson @JaredTNelson
30K Followers 3K Following Data/Compliance lawyer in Mainland China. CEO of Pathway Compliance, an ALSP based in Shanghai. Views my own and not legal advice.
Crush @crushspread
8K Followers 156 Following
Shanghai Macro Strate.. @ShanghaiMacro
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7K Followers 788 Following Scaling a 7 figure brand on Amazon with @the_alex_d_ | Wanna learn FBA? 👇 📍Barcelona
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14K Followers 264 Following Jack of all trades, and master of some by surprise 🤷♂. Ecommerce Lover. Brand Grower. Private Equity. We grow & Buy DTC brands: 🖥 https://t.co/XeutwntvAH
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12K Followers 3K Following Inc 500 entrepreneur, engineer, business owner, and investor. Husband & dad with 3 great kids. Interests: business, finance, travel, family, nature, health.
Elliott Wong @ElliottEcom
238 Followers 118 Following US and Intl Mfg and Ecom. CEO of brands that shape metal and help others do the same through more efficient tooling and simpler automation. US Army Vet.
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26K Followers 999 Following I teach you how to find & negotiate your dream sponsorships so you stop leaving $ on the table @CreatorWizard / Book @SponsorMagnet / Host @CreatorDebates
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11.3M Followers 1K Following I just wanna see the sun shine tomorrow @dreamchasers #hustler
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523 Followers 434 Following I was tired of trying to remember every thought and idea. So @erikkaiser solved this problem by patenting a device and an app where it is all in one place.
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2K Followers 2K Following the old man of DTC. run mkg 4 women’s clothing brand. we make the best t-shirts+ hoodies. adhd proponent. 8th grade completed. FDNY ret.
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SubSummit @Sub_Summit
933 Followers 188 Following The largest meetup of consumer subscriptions in the world! SubSummit 2024 | Dallas | June 17-19
Three years ago, I bought a magazine as a passion project. Since then, I've fallen in love with the magazine business, acquired other brands, and grown into a $50M side hustle (18% EBITDA margins today). I believe it could become a billion-dollar business by 2030 through a…
@macastel3 @electricfelix The front end of the Porsche looks a lot better. For the money, the Xiaomi is hard to beat.
@macastel3 @alphainvesco With moustache now a Turkish Italian :)
@macastel3 That the Xiaomi looks better! lol. We have a friend with Taycan in that color. It’s been broken sitting at the dealership for weeks.
@macastel3 @electricfelix Did Porsche copy a Chinese car again? 😅
@macastel3 @alphainvesco Let me know the date i want go to take a look too
@macastel3 That will be interesting if you add Tesla model S to compare
Had quite a few DMs from people in the UK asking about moving to Spain 🇪🇸 So thought I’d share a few notes about my experience. 1. Do it, don’t think about it too much. You can always move back, everyone will still be there waiting for you. If you wait too long you’ll never…
The long arms of colonialism. I believe this idea of leasehold was inspired by Hong Kong during the reform period and that obviously came from British practice
Technically you don't own a property in China but a long term leasehold (for many decades). Since it is a fairly new system, in the next 20-30 yrs the leaseholds will expiry. Who knows what will happen; at the end of the day all properties belong to communist collectivity.
@polka_value @macastel3 @Aayeejayy @findfreddy @eb_ebassa Mostly it’s just flats which are leasehold and there is a private freeholder - they don’t belong to the crown in a majority of cases. But there are some crown owned properties too, managed in a company at arms length from the royals.
Warren Buffett has enough written material and interview content to be accurately simulated with an AI. Berkshire should invest in a AI simulation of Warren and test it in parallel with real Warren while he is still alive. Future $BRK chairman can then consult the oracle.
The 4hr Workweek gave me the impression it’s possible to get rich without working really hard. Maybe that’s possible for some people; it certainly wasn’t for me.
deflation is not that bad
Neighbors in my building: Xiaomi and Taycan confronted. What do you notice?
Xiaomi is prettier
Neighbors in my building: Xiaomi and Taycan confronted. What do you notice?
@macastel3 I think they will have to reform property tax as revenue from land sale and development dries up.
@macastel3 Different shaped headlights (may be the only way to tell the two cars apart? 🤭)
@macastel3 Seems like both Tesla Model 3 and Xiaomi are heavily influence by Porsche.
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