The main reason for China’s government to start the Shanghai Free Trade Zone last weekend was to increase competitiveness in the service sector, where in telecom and finance state-owned giants have been dominating up to now, tells Shanghai-based business analyst Shaun Rein on Radio Australia.Read More →
Services are replacing manufacturers as preferred investors in China, tells business analyst Shaun Rein in VOA as Shanghai is opening its free trade zone. That could be a trial balloon for the next five to ten years, before moving on, he expects.Read More →
The party is over for Chinese banks, shadow banking expert +Sara Hsu concluded (together with co-author Andrew Collier) at the EastAsiaForum.com. Regulator can no longer turn a blind eye, as loans put local governments and private lenders into trouble.Read More →
Shadow banking covers about 25% of China’s financial industry, and poses a threat to the country’s future. Shadow banking expert Sara Hsu fears that these riskier ways of getting finance, shadow banking might collapse and wipe away the savings of many Chinese, if the government does not step in, she tells at the China Weekly Hangout.Read More →
The China Speakers Bureau is happy to include Sara Hsu, offering our financial clients a unique insight in this unique feature. She will soon participate in one of our China Weekly Hangouts to discuss shadow banking in China.Read More →
The magic dance around China’s annual GDP has become a different ball game, tells economist Arthur Kroeber in the China Money Podcast. And linking the country’s economic growth to the growth of jobs is nonsense anyway.Read More →
A slowing economy and efforts for introduce structural reforms will most probably work out fine in the long run, tells economist Arthur Kroeber in CSMonitor. But for companies, on a micro level, we will see a lot of stress in the coming 18 months, as easy credit is not longer on the agenda.Read More →
The central government is actively going after its major state-owned banks for ‘violations’ in its lending policies, indicating concern about the direction of China’s financial system. China is not yet facing a Lehman moment, tells business analyst Shaun Rein the BBC, but action is needed.Read More →
Despite adverse winds, China’s economy is not really into deep trouble, writes economist Arthur Kroeber in ChinaFile. The only real threat is when the new government lacks the stomach to push ahead with needed reforms.Read More →
Low interest consumer credits are booming in China, tells retail analyst Shaun Rein at WSJ. Ten years ago credit cards did not exists and consumers would even a few years ago purchase BMW’s by bringing cash. But despite the boom bad credit is no issue yet, he says, as limits are touch compared to the US.Read More →
Economic and political reforms have to go hand in hand, economist Arthur Kroeber argued at a forum on the new leadership in China, organized by the state-run Global Times on Tuesday. In a summary by the Global Times.Read More →
Rich Chinese are massively leaving China, obvious politically “a hot potato”, tells China’s rich list founder Rupert Hoogewerf in The Telegraph. Although the effect might not be as devastating as the figures suggest.Read More →