Confidence among consumers and investors is still low, but Shanghai-based analyst Shaun Rein sees some light at the end of the tunnel. Liquidity is not a problem, but both consumers and investors are still careful in spending their money for the next two, three months, he tells CNBC.Read More →
The disappearance of former foreign minister Qin Gang has triggered off a spate of rumors. China veteran Ian Johnson looks into what this means for the position of China’s top leader Xi Jin Ping.Read More →
Economist Arthur Kroeber is not expecting a significant stimulus of China’s economy as the central government has done in the past. The government is instead hoping the economy will outgrow the current post-Covid-19 dip without massive intervention, he says at CNBC.Read More →
Based on sales in public auctions, Rupert Hoogewerf, chairman of the Hurun China Rich List, presents the 16th Hurun China Art List, with the 100 most successful artists living in China last year. With a total of US$347mn, the figures dropped dramatically because of the Covid-19 crisis. It still shows amazing financial firepower, promising much for the future, Hoogewerf adds.Read More →
China business analyst Shaun Rein looks at the different views China has on the Blinken and Yellen visits for CNBC. Both officials represent a different camp in the Biden administration, and unfortunately, Blinken might have more sway compared to Yellen, he thinks.Read More →
China business veteran Shaun Rein discusses with Cyrus Janssen how China has faced challenges since it opened up post-Corona. Outbound travel has not resumed, expected revenge spending did not happen and consumer confidence is at the lowest rate ever. No, he says, China is not yet back to normal, because consumers sit on their corona savings, unwilling to spend. And foreign investors, while CEOs are going to China, are hesitant to resume investing in China, at least till the end of 2023. But support for Xi Jinping is still there, he sees. Though, expect a tough 10-20 years.Read More →
China’s economy is not going to recover for the next two years, says renowned investor Jim Rogers to The Deep Dive. For the first time, the country is deeply indebted, faces a global bear market, and has not been able to solve the downturn in its real estate, he tells at the Deep Dive.Read More →
Business analyst Shaun Rein visits the US for the first time in four years after Covid-19 lockings in China, and he explains why he has become bearish on the country. Consumer confidence is down at a historic low, and an expected revenge purchase after the lockdowns ended stayed away. Foreign companies are pressured by the US to split off their operations, despite a wide range of international CEOs visiting China last month.Read More →
Political analyst and senior fellow at the Council of Foreign Relations Ian Johnson gives a fast overview of the issues ahead of US Secretary of State Anthony Blinken visit to Beijing, including the US-China relations, Cuba, Ukraine, Taiwan, and more for CBS News.Read More →
China’s central government surprised this week by supporting its economy by a string of measures including cutting interest rates. Financial analyst Ben Cavender expects more action in the coming months, but meanwhile, foreign investors get jibberish and that might offer great opportunities for other economies like India, he adds at CNBC-TV18.Read More →
China launched its first homemade cruise ship, as this part of the tourist industry struggles to stay afloat. But consumption expert Ashley Dudarenok sees a bright future for cruises from China, as this industry is still in its infancy in a country where many look for alternatives, she tells at state-owned broadcaster CGTN.Read More →
Young entrepreneurs should dream bigger, says Hurun chairman Rupert Hoogewerf, publisher of the Hurun China Rich List, based on his talks with many rich in China.Read More →