Victor Shih of the Northwestern University has been doing much of the legwork to find out how much China’s debt actually is, much higher than China’s financial authorities want to admit, he writes on this blog of the Financial Times. Much of the country’s financial bubble remains underground.Read More →
Foreign journalists visiting the headquarters of Baidu in Beijing, China’s largest search engine, might be up for a surprise, as they are met by rock musician Kaiser Kuo, also spokesperson of Google’s competitor. Here is a part of the report by Jordan Pouille in Metro.Read More →
Three blasts, two deaths and six wound is the toll of a bomb attack by the disgruntled farmer in Fuzhou, who had been petitioning the government in vain. Political analyst Victor Shih notes in his weblog how the bomber – against all odds – turned into a martyr at the internet. Read More →
US businesses working in China are reluctant to criticizes Chinese government departments, like they would do in the US, and for good reason tells professor Victor Shih in The International Business Times. The chance of getting into trouble is always present.Read More →
Shaun Rein takes on China-bull James Chanos in CNBC and explains why China keeps on investing in infrastructure and why he is underestimating the current growth of wages.Read More →
Even premier Wen Jiabao calls China’s economy unstable, unbalanced, uncoordinated and ultimately unsustainable, writes Reuters. But despite those misgivings, economic growth will steam ahead, adds economic analyst Arthur Kroeber. Read More →
The unusual fine of 2 million RMB (euro 200,000) for Unilever after announced prices rises caused a stampede, illustrates how inflation is becoming a headache for the authorities, Shaun Rein says in various comments.Read More →
Arthur Kroeber by Fantake via Flickr China’s government is placing its bets on increasing domestic spending by consumers, tells Arther Kroeber in The Guardian. But the inflation seems to be undermining the confidence among those consumers. The 11.7% rise in food costs reflected growing demand, a shrinking pool of youngRead More →
Shaun Rein by Fantake via Flickr Shaun Rein addresses at CNBC China’s largest nightmare, inflation, as real estate prices and wages go up. But he remains optimistic about the country’s consumers, who keep on buying for the coming six months. Shaun Rein is a speaker at the China Speakers Bureau.Read More →
Shaun Rein by Fantake via Flickr Google was wrong when it behaved in China as if it was calling the shots, says Shaun Rein to Marketplace, as yet another Google service, Google Maps, is about to be banned. SHAUN REIN: Google really said to the government: do what we sayRead More →
Image by Fantake via Flickr The main difference between Tunesia, Egypt, Libya on one hand and China? Most Chinese support their government, argues Shaun Rein in CNBC in response to those who predict China might be the next on the block of governments under siege. Shaun Rein: Sure, the systemRead More →
Howard French by Fantake via Flickr Most commentators have dismissed the so-called Jasmine revolution as an instant failure. Howard French argues in The Atlantic there is more to it than those easy analysis suggest. At the simplest level, it is hard to understand how a call to protest can beRead More →