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 →
China’s consumers and companies are massively withdrawing their deposits from the banks, political analyst Victor Shih reports in the Financial Times. An explanation for this banking meltdown is still lacking.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 →
August is typically the month for kicking off a new business cycle. The summer heat is retreating and – where applicable – decision makers return to their desks, full with new ideas they picked up during their holidays. It is no different with our group of eminent speakers who belong to the most-sought speakers for August of this year.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 →
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 →
Credits by Chinese banks are on a leash, cashing a slowdown in China’s breakneck growth speed. Financial and political analyst Victor Shih explains in Business Week how that works out.Read More →
A wide range of new speakers has entered this month’s top-10 most-sought speakers of the China Speakers Bureau. While the top positions are still held by Shaun Rein and Kaiser Kuo, we see Mark Obama Ndesandjo as the highest newcomer on place 3. But he is not the only one of the new speakers who enters the top-10: Benjamin Joffe arrived at no.6 and – a relative newcomer – Tricia Wang at no.10.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 →
The warning by China’s National Audit Bureau local debts are a risk for the country, is a step forward, says political and financial analyst Victor Shih to the New York Times. Until Monday those local debts were kept under wraps. But it is only the beginning of a solution.Read More →