What is Beijing’s worst nightmare? The trade war? The troubles in Hong Kong. No, says political economist Shirley Ze Yu. China’s real nightmare is a collapse of the property market, she writes in the South China Morning Post. “China’s property market is the grey rhino, overfed on massive liquidity steroids.”
The official trade war between the US and China seems to be entering its end game. But that does not mean the hostilities will end. Making sense out of what the world’s first and second-largest economies will do will only be slightly easier. A few speakers at our office might be able to help you out.
The appointment of Liu He as president Xi Jinping’s economic top man has started speculations on his political direction, including a restart of reforms. We should not expect Liu to divert too much from the state-driven economic agenda Xi has already set out in the past few years, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the New York Times.
Veteran China foreign correspondent and Pulitzer Price winner Ian Johnson has won the prestigious Shorenstein Journalism Award for 2016, the organization announced. Ian Johnson is currently working for the New York Times and the New York Review of Books. In a few weeks time his book The Souls of China: The Return of Religion After Mao will be available.
China has emerged as the second-largest economy in the world but has a hard time telling the world its story. Dr. Shirley Yu is one of the very few exceptions in profiling herself as a solid China-voice, giving an alternative viewpoint on a mostly Western take on the developments of China and the world economy. She is a political economist, board member, author, broadcaster, a global thinker on China and travels from London.