China’s financial system is much tightly controlled by the government compared to what the world is used to, says financial expert Victor Shih at the BBC. China has been spending trillions of US dollars in loans to both the developing and the developed countries, including to the insurer of the CIA’s pension fund, writes the BBC.Read More →
On the surface, government debt in China appears well-manageable, but that is because the central government pushes its costs to a local level, says financial expert Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, in an interview on Dwarkesh Clips.Read More →
Shanghai-based business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, explains why China will not give in to Trump’s demands and why the idea of getting manufacturing back to the US is an illusion Americans should forget, he says at the Thinkers Forum.Read More →
After more than a week of confusion after US President Trump imposed and maintained massive tariffs on Chinese goods, one thing is sure, says Shanghai-based business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order. The Chinese will not kowtow to Trump, he tells Moats, and they have won round one.Read More →
The jury is still out on whether Trump’s tariffs on imports from China will hurt the US or China more. But political analyst Victor Shih has seen how China has been anticipating the latest wave of tariffs, he tells CNN. “But China can sustain that (situation) much more so than American politicians can,” he said.Read More →
Financial expert Victor Shih, director of the 21st Century China Center at the University of California San Diego School of Global Policy and Strategy, discusses today’s state of China’s economy at the Centre for Geopolitics with William Hurst, and how it has developed in the 25-year long collaboration between both.Read More →
China has started to push capital into its sluggish economy, but economists have different opinions on what the government wants to achieve. According to Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, its financial measures are more about stabilizing its economy, not about a full-blown stimulus as it did in the past, he says at the ChinaFile.Read More →
While bullish on the Chinese economy in the long run, business analyst Shaun Rein at CNBC says investors should still be trading down today. While the government financial mini-bazooka has revived the equity markets quite well, he adds, it is not enough to get the economy rolling again.Read More →
Despite the hope of the international financial community, China is not heading for structural reforms, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to CNBC. Pushing up demand is not high on the agenda for China’s leadership, he says, and they do not want to push up debts levels to new heights.Read More →
Leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, says most economists are wrong in suggesting China wants to push consumer demand. Fixing stability is key, he says according to MSN.Read More →
Business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, explains why China’s mini-bazooka will not help its economy in the long run. People need a serious fiscal stimulus, so they are confident about the economy again, he argues in a talk with David Lin. “People have to feel safe again before they are going to spend the money they made again,” he adds.Read More →
Cashless payments have become mainstream in China, but cash is still valuable and the government supports cash payments, says financial expert Sara Hsu, an associate professor at the University of Tennessee, specializing in supply chain management in the Guardian. A “[recent] directive pushes China’s policy of inclusive finance further to ensure that both elderly Chinese and foreigners can participate in economic transactions,” says Hsu.Read More →