Unlike Wall Street Journal’s columnist Bussey Shaun Rein does not think Wal-Mart – or any other foreign retailer in China – is bullied by the authorities. It’s Wal-Mart who betrayed its customers. Foreign retailers gain more and more market share, he tells in CNBC. Read More →
China’s banks and its bankers are totally different creatures than their Western counterparts, explains political analyst Victor Shih in Reuters. They not only closely follow the political line of the day, but are more politicians than bankers.Read More →
American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.Read More →
When Liang Wengen, currently China’s richest entrepreneur, is voted next year into the Central Committee, that is largely a symbolic move, illustrating the symbiotic relationship between the Communist Party and private entrepreneurs, tells Rupert Hoogewerf or Hurun in CNN.Read More →
China is manipulating its currency to boost its export, US criticasters say. China sees an undervalued exchange rate as the right of a developing country, just like other did in the past, argues economic analyst Arthur Kroeber in the Voice of America.Read More →
While the US administration is falling short of calling China a “currency manipulator”, US fear for the Chinese currency still prevail. In Foreign Policy economic analyst Arthur Kroeber argues why its financial authorities do not trust the markets to set its rates.Read More →
China intend to cut income tax for 60 million people, and our economic analyst Arthur Kroeber finds himself – yet again – trying to explain to Western media, why this impressive looking move actually does not mean that much. Read More →
Kaiser Kuo, rock musician and spokesperson for China’s largest search engine Baidu sits down with Andy Atkins-Krueger of Search Engine Land to discuss six myths on Baidu, worth to dispel. Here, on Baidu’s relationship with the Chinese government.Read More →
Bonds from 15 local government agencies worth US$ 2.5 billions to finance the Beijing Olympics are due, and financial and political analyst Victor Shih tells Bloomberg that is reason enough to keep a close eye on how China is going to pay back its debts.Read More →
Political scientist Victor Shih looks in The Financial Times into the trial of government officials after the Shanghai fire, costing 58 lives last November. “A disturbing pattern of corruption, which is endangering the lives of millions around China.”Read 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 →
Political and finance analyst professor Victor Shih discusses the changes of massive capital flight from China. The amount of 3 trillion US dollar could leave the country, he argues in this video.How much value has its officially formidable foreign exchange reserve?Read More →