Making sense out of Beijing`s recent financial direction is hard, even for veteran political and financial analyst Victor Shi. In the Wall Street Journal, he tries to give it a shot. “As with any addiction program, the first step is to admit you have a problem.”Read More →
Journalist Ian Johnson interviews economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® on – among other subjects – China´s financial reforms and what has been derailing them in the New York Times. “The desire to control things has won out over the desire to reform and liberalize.”Read More →
Building more infrastructure has been a receipt for China to keep its economy growing double-digit for a long time. But that old growth model is no longer working, tells economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in an interview with QZ.Read More →
A dramatic reduction of global steel demand has sent the steel producers into disarray. China, good for half of the production, has upset the rest of the world by financing its export. A better policy would be keeping steel in store, until demand picks up again, writes financial analyst Sara Hsu in the Diplomat.Read More →
Taipei-based startup accelerator MOX has been taking off, bringing a piece of Silicon Valley and jobs to Taiwan. Chinaccelator Managing Director William Bao Bean explains in the Taipei Times why Taiwan offers a good breeding grounds for mobile only startups.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 →
600 Million Chinese internet users use their mobile phone to pay, and increasingly they use not the traditional banks and credit cards, but newcomers in the industry. Innovation expert William Bao Bean discusses what will happen to the traditional banks when mobile payments advance also outside China.Read More →
China is trying to boost the economy by opening its credit lines again, but that credit mainly serves the state-owned companies, while the private sector is suffering, explains financial analyst Victor Shih in Bloomberg.Read More →
China´s debts level has reached record heights, but the state will continue to guarantee sovereign debts, writes financial analyst Sara Hsu. And that support is also extended to state-owned companies like Cosco and ChemChina, despite downward pressures from the rating agencies, she argues in the Diplomat.Read More →
While the Chinese stock markets did not plunge after trade resumed after the Chinese New Year, business analyst Shaun Rein expects the markets to remain volatile for the next 3 to 4 months, he tells Money Control.Read More →
China has faced a record outflow of capital since the end of 2015. Efforts to stop that outflow, maybe needed, delay severely the planned liberalization of the financial markets, writes financial analyst Sara Hsu in the Diplomat. “The rate of change is dissatisfying to those calling for reform.”Read More →
Twice last week China´s stock markets were forced to stop trading, sending panic signals across the globe. That drove even economist Arthur Kroeber to despair, writes the Washington Post. China´s financial authorities did not learn their lessons from last year´s disaster, he writes.Read More →