There is not shortage of experts who predict China cannot survive as a Leninist state, but David Shambaugh is certainly one of the more prominent ones. Journalist Ian Johnson sits down with him for the New York Times and discusses the future of current China.Read More →
The Beijing Auto Show was an exceptional bright spot during an economic slowdown that is worrying many, writes financial analyst Sara Hsu in the Diplomat.”We can expect China’s auto industry to keep moving.”Read More →
Kaiser Kuo is leaving China after twenty years, and internet giant Baidu after six year. On May 4 he will get an award of the Asia Society Northern California, where he will settle down to work professionally on his Sinica Podcast. For Asia Society Kaiser looks back, on the internet and foreign correspondents.Read More →
While China was watching the 2008 Olympic Games, its academics were engaged in another heroic struggle to save what can be the Chinese equivalent of the Dead Sea Scrolls. Journalist Ian Johnson describes for the New York Review of Books that struggle, and the efforts to make sense out of them. A few snippets.Read More →
Is Xi Jinping striving for a more efficient economy or does he want to solidify party control, wonders economist Arthur Kroeber in the Australian Financial Review. “There is growing concern that Xi has tipped the scales in favour of political control, at the expense of economic growth,”Read More →
China is preparing a Tobin tax, a tax on capital transactions. At this stage for a zero percentage, but the writing is on the wall. It´s effect on China´s currency depends very much on how the government is going to use this tool, says finance professor Victor Shih in Bloomberg.Read More →
China´s lawmakers arrive in Beijing for their annual meeting and finance is high on their agenda´s. And opinions are divided, says political analyst Victor Shih to Bloomberg, for example when it comes to the fiscal deficit.Read More →
Few things are sure in China, but the government has called all hands on deck to regain control over the economy. Financial analyst Sara Hsu gives for the Diplomat an overview of the measures already taken to stabilize China´s financial industry.Read More →
Beijing is now having more (US$) billionaires than New York, says Hurun rich list founder Rupert Hoogewerf in his latest report, according to AP, despite the fierce drop in stock prices of the last six months. “People will look at China the same way that people looked at Stanford or Silicon Valley in the 1990s.”Read More →
Rock artist and Baidu communication director Kaiser Kuo recalls in the Wall Street Journal how Beijing became for a short while the Mecca of heavy metal, as artists from around the world gathered for this niche market in music. Read More →
The governor of China´s central bank, the People´s Bank of China, Zhou Xiaochuan tried to ease the expected turmoil on the financial markets ahead of their opening after Lunar New Year. Zhou tries to save the few reforms he was able to achieve, says financial expert Victor Shih to Bloomberg.Read More →
The ups and especially downs of China´s economy keeps on shocking the rest of the world. What can we expect, economist Arthur Kroeber asks for the Brookings Institute. Did the international markets overreact? In China more commitment to reform is needed.Read More →