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 →
Our website went through a major improvements and that has caused also some drastic changes in how our visitors look for speakers. Compared to our previous top-10 listing from April, the top-positions are still taken by both Shaun Rein and Kaiser Kuo. But we see a few newcomers in the list, Janet Carmosky and Tricia Wang. Read More →
China bear Victor Shih explains Medill Reports from Chicago why China’s growing debts are getting out of hand, despite efforts by the financial authorities to act on the growing concerns. It’s a wash, he claims.Read More →
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 →
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 →
Victor Shih by Fantake via Flickr Despite three trillion US dollar in foreign reserves, China’s banking system is more fragile than you would think when you look at that figure only, tells Victor Shih at the Institute for New Economic Thinking. Much of China’s wealth is concentrated with very few.Read More →
Kaiser Kuo “No comment.” Few of our speakers have been quoted so often by the mainstream media saying nothing. Kaiser Kuo easily made it into the top-position of most-sought speakers for April as he was – and still is – unable to say anything about a possible cooperation between hisRead More →
Wendell Minnick by Fantake via Flickr Shaun Rein regained the first position again from Kaiser Kuo in a very busy media month. Mostly we have no complaints on how our top-speakers perform, but this March shows we are in the top-season for business in China.Fastest rising star this month isRead More →
Victor Shih by Fantake via Flickr China’s three trillion US dollar of foreign reserves and other assets might look impressive, but when you withdraw the country’s debts and other liabilities, it looks no longer that special, tells Victor Shih at the US-China Institute. Local companies and governments hold those debts. VictorRead More →
State-driven by Getty Images via @daylife Leading political economist Victor Shih reviews five books he recommends on China’s economy for The Browser. Number one is Huang Yasheng‘s Capitalism with Chinese Characteristics: Entrepreneurship and the State. Victor Shih: The biggest misperception about China is that it’s a dynamic market economy –Read More →
Xi Jinping via Wikipedia After the elevation of Xi Jinping, son of the revolutionary hero Xi Zhongxun, into China’s military comite, analysts try to find out what his agenda is. That is still speculation, says Victor Shih in The Global and Mail. “Xi Jinping was a compromise candidate, a princeling who couldRead More →