The anti-China commercial by Michigan Republican Pete Hoekstra contained so many mistakes, it takes a row of experts to set the record straight. In The New Yorker financial expert Victor Shih looks at the suggestions China is running away with US money.Read More →
China is not going to bail out Europe, tells business analyst Shaun Rein at CNBC, only Europe itself can save Europe. China has its own problems, although consumption is expected to rise for the wealthy, while the poor get hit hard by inflation.Read More →
The financial crisis in both Europe and the US is deepening, so it is no wonder that the November top-10 of most sought-after speakers has a few of our financial specialists on top. Both Shaun Rein and Victor Shih have been trying to dispel especially European hopes China could bail their economy out.Read More →
No, says business analyst Shaun Rein, when he has to answer the questions whether China should use its foreign currency reserves to support the European Financial Stability Facility (EFSF). In CNBC he argues that Europe should hold up its own financial pants.Read More →
Is China able and willing to bail out Europe? Political and financial analyst Victor Shih does not exclude the possibility, but he tells in Global Post, if China does so, it is not going to boast about it in public. What are the effects of China’s own debt problems on the world?Read More →
China’s local government have been financing their wealth mostly by selling off land. As debts to fuel economic growth rise, more land sales might be on the agenda, tells financial and political analyst Victor Shih in Bloomberg, increasing the gap between rich and poor.Read More →
Shaun Rein by Fantake via FlickrChina will not be able to play a role in mitigating a new financial crisis, like it did in 2008 at the first dip, writes business analyst Shaun Rein in CNBC. Sky-high debts and a stiff inflation rate limit the country’s room In CNBC: ThreeRead More →
The world’s major stock markets braced for a black Monday, but also China’s financial policy makers have had a sleepless weekend over the US downgrade by S&P, Shaun Rein writes in the CNBC. They get now very vocal on the financial problems of the US.Read More →
The China bears should get their facts straight, writes business analyst Shaun Rein in CNBC. He takes aim at economist Nouriel Roubini and MIT professor Huang Yasheng.Read More →
Social instability and a touchy change of power in 2012 are just two of a set of stinging problems China’s sky-high debts is causing the country, political analyst Victor Shih tells the Global Post in an extensive interview on the country’s shortfall. Read More →
China’s debts could be as high as 150% of its GDP, higher than that of the US and Greece, says political analyst Victor Shih in Aljazeera. But is should reform its inefficient economy to deal with that debt. Read More →
China’s financial institutions have been releasing assessments on the total of debts local governments have, writes Victor Shih in a guest blog at the Financial Times. But they are not yet close to the real debts of 15 to 20 trillion Renminbi.Read More →