China has a longstanding tradition of bailing out large debtors using huge asset management companies (AMCs). But today they cannot solve the country’s real estate problems, says political and financial analyst Victor Shih to the Japan Times. “Any state injection into the AMCs could add further strain to the nation’s finances,” says Victor ShihRead More →
China’s economy is heading for a rough time as it continues to curtail activities under its dynamic zero-COVID policies, says Shanghai-based business analyst Shaun Rein in the Global Eye. Heatwaves, drought, and high unemployment among youngsters add to those problems, he says.Read More →
Financial analyst Winston Ma discusses the progress of the plan to delist Chinese companies from US stock markets on CNBC. It’s mostly China that has to comply with the US demands for transparency, he says about this work in progress.Read More →
China’s real economic problem: they increase capital spending, but are not able to improve productivity that is already at a shockingly low level, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at a panel at CSIS discussing with Thomas Orlik, Chief Economist for Bloomberg Economics, and author of the book, China: The Bubble That Never Pops. While an economic collapse is unlikely, a grinding halt to economic development might be its largest danger, Kroeber adds.Read More →
Shanghai-based business analyst Ben Cavender does not expect China to resume its role as the engine of the world economy. Annual growth of its GDP might be 4% at most, and not the 7% most have expected till recently, he tells CNBCtv.Read More →
At the current pace, China’s COVID-19 vaccination program would need up to three years to protect its population, hurting its consumer confidence and economy, says Helge Berger, head of the IMF’s China mission, in an interview with Bloomberg.Read More →
Compared to the rest of the world, China has the most female billionaires, while Guangzhou tops the list. Rupert Hoogewerf, the Hurun Rich list chief researcher, explains why China and especially Guangzhou is doing better than other countries in Money Control. Read More →
Shanghai-based business analyst Shaun Rein – in this sixth week of quarantine – explains why it was needed for the 26-million city to lock down fully.Read More →
Strategic consultant Ben Cavender looks back at this 15 years in China and how he helped foreign companies to get a handle on working in the country. Some dynamic decades passed by and the future does not look less challenging, he tells at the Wizard’s Institute.Read More →
China added last year 75 billionaires in US dollar terms, the 2022 Hurun rich list noted this week, according to the Global Times. “China now has more than 1,100 billion-dollar entrepreneurs, 60 percent more than the US, which also exceeds the combined number of the US, India and the UK,” Hoogewerf said. Read More →
China’s tech firms have faced US listing limitations on both US and China regulations. China lawyer Mark Schaub look at the new issues tech firm face on data, privacy, VIE’s, and other regulations for listing in the US at the vlog of his law firm KWM.Read More →
China financial authorities have started to introduce the digital yuan in January, but financial analyst Winston Ma sees more has to happen to seduce a billion Chinese internet users to use the virtual currency, he tells at CNBC. And what is the goal of China’s central bank?Read More →