At China’s top leadership, it was always possible for different political agendas to exist next to each other. But since 2012 next to Xi Jinping – up for his unprecedented third term as CCP party secretary – very few variations in leadership style have been given room, says political analyst Victor Shih at the ABC. The retirement of premier Li Keqiang finalizes Xi’s powerful position, he adds. China’s next premier is likely to be a good friend of Xi, while women and ethnic minorities make little chance.
China has a longstanding tradition of bailing out large debtors using huge asset management companies (AMCs). But today they cannot solve the country’s real estate problems, says political and financial analyst Victor Shih to the Japan Times. “Any state injection into the AMCs could add further strain to the nation’s finances,” says Victor Shih
Tense relations between China and the US, a pandemic, and limited access to the country are firmly limiting a new generation of China hands to explore a career in the second economy of the world, says China professor Victor Shih in the South China Morning Post. “China was [once] seen as a kind of land of opportunity for young foreigners. That is no longer the case,” said Shih,
China’s real economic problem: they increase capital spending, but are not able to improve productivity that is already at a shockingly low level, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at a panel at CSIS discussing with Thomas Orlik, Chief Economist for Bloomberg Economics, and author of the book, China: The Bubble That Never Pops. While an economic collapse is unlikely, a grinding halt to economic development might be its largest danger, Kroeber adds.
Political analyst Victor Shih, author of Coalitions of the Weak, (2022), looks at the new policies and people emerging ahead of the upcoming 20th Party Congress. While party-secretary Xi Jinping will be up for a third term, Premier Li Keqiang, typically in charge of economic affairs will be replaced, he tells at the China Edge.
Leading political analyst Victor Shih joins a panel at the Atlantic Council to discuss China’s top leadership, including the different style premier Li Keqiang tries to display in a situation where little deviation from the top leadership is possible. Including the leadership perspective on the Shanghai lockdown.
China lawyer Mark Schaub, a senior partner at KWM, has dealt with many cases for foreign firms, accusing Chinese companies of infringements of their intellectual property (IP). In an interview with Gao Feng Advisory’s CEO Dr. Edward Tse, Mark Schaub shares some of his legal experiences in China at Wei Xin.
Global companies have been warning of the major effects of China’s lockdown on their operations, curtailing Shanghai for more than six weeks. But they have very few alternatives apart from sitting out the ordeal, says Shanghai-based business analyst Ben Cavender to CNN. The corporate exodus from Russia after the invasion of Ukraine did not help. For sure, consumption in China is down.