The proposal by President Xi Jinping to scrap the two-term limitation for his position as president has generated little opposition, not domestically or internationally. A logical step in moving to more stability, comments author Zhang Lijia “Socialism Is Great!”: A Worker’s Memoir of the New China at the Wikitribune. And nobody wants to tock the China boat.Read More →
President Xi Jinping is likely to extend his tenure beyond two terms, by changing the constitution. That is basically good news for investors, tells the economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to Bloomberg. Although in the long run, there might be some caveats.Read More →
The decision by China’s insurance supervisor CIRC to take over Anbang, did not come as a surprise, says financial analyst Victor Shih to the Washington Post. The move will “inject a dose of confidence,” he added.Read More →
Much of China and many Chinese have become wealthy. But just a few decades ago, remembers author Zhang Lijia of “Socialism Is Great!”: A Worker’s Memoir of the New China Spring Festival was the only moment in the year where food was abundant. At her website, she looks with a nostalgic view at those poorer times.Read More →
China has become a politicized society, and countries and businesses can only ignore politics at their own peril. That is one of the key messages of political analyst Shaun Rein’s book The War for China’s Wallet: Profiting from the New World Order, and at the China Economic Review, he explains how that – in his view – works.Read More →
Chinese New Year is ahead and economists have their predictions about the country’s economy ready. Much of their gloomy prospects (Over-investment, too much debt, bubbly markets, faked data, Ponzi-like financial structures) depends on their location, observes business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, according to Bloomberg. Those located in China tend to get the uptick in the economy better than those observing China from afar.Read More →
May last year Robert Lighthizer was sworn in as US trade representative. He is the key person to watch when a trade war between China and the US is developing, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in the South China Morning Post.Read More →
Western observers wrongly assume that China’s rigid censorship is stopping the country from being innovative. As China is becoming a leader in global innovation, that misunderstanding should be dealt with, says China veteran and former Baidu communication director Kaiser Kuo to Time about Baidu’s CEO Robin Li.Read More →
Is China going to replace the US as the global superpower in the near future? No, says China watcher Kaiser Kuo in SupChina. “Even if China and the U.S. continue to grow at roughly their current rates, China’s per capita GDP won’t have overtaken that of the U.S.”Read More →
Author Ian Johnson of The Souls of China: The Return of Religion After Mao meets controversial artist Qiu Zhijie for the New York Review of Books.Before the interview, Ian Johnson puts Qiu and their first meetings into perspective. Here is the introduction of the interview.Read More →
Economists seldom all agree when it comes to China’s economic future, but there is a widespread optimism about the expected country’s performance for 2018, tells leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, to the South China Morning Post.Read More →
Daoism is key to understand today’s China, says journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao. to ABC News. “You can provide values, an escape for people, or turn inward to piety, but you cannot challenge the Government. You can’t be an alternative source of values or the Government will turn against you.”Read More →