Private companies have a hard time getting bank loans, says economist Arthur Kroeber to Barron’s. But that is nothing new, he adds, the problem is that state-owned companies get loans too easy. That division is more important than the level of China’s debts, he adds. “Too much attention has been paid to the debt problem.”Read More →
Understanding the consumer in China is tough for most foreign companies entering this competitive market, says retail analyst Ben Cavender. There is no escape from shopping here, as retail is fully integrated into daily life. “China is where all the future trends are happening,” he says.Read More →
China veteran Shaun Rein explains at the WSJ Tech Live conference how the policies of US President Donald Trump help China companies to focus on their own innovation instead of buying technology in the US.Read More →
China’s central government has been trying to sinicize religion, and that had especially a major effect on Christianity, writes journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao. For the New York Review of Books, he reviews Jesus in Asia by R.S. Sugirtharajah, but starts with a thorough overview of Beijing’s efforts to curtail Read More →
For a while, China’s Renminbi or Yuan looked like a potential competitor in international markets. But China has lost that opportunity, says economist Arthur Kroeber in OZY. “Who’s going to issue or buy bonds in a market where liquidity can be turned off at the drop of a hat?” he asks.Read More →
Three Chinese companies, Ant Financial, Didi Chuxing and Bytedance top the inaugural global unicorn list 2019 for startups in this century, says Hurun chief researcher Rupert Hoogewerf according to the CEO Magazine.Read More →
Trade negotiations between the US and China have moved away from substantial issues, as the Trump administration is using the ongoing trade war as a tool to win the presidential elections in the US 2020, says Harry Broadman, former top trade and economic adviser to Presidents George H.W. Bush and Bill Clinton to CNBC.Read More →
A raving review of the appearance of Zhang Lijia, author of Lotus, a novel, on prostitution in China, at the Jaipur Literary Festival in London, at The Citizen. “I was very fascinated by prostitutes. However, the only prostitution I have done was intellectual prostitution,” Zhang Lijia says.Read More →
Many stories about China and the Chinese in Africa are simply myths, says journalist and author Howard French, of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa. He discusses how Chinese entrepreneurs ended up in Africa. “There was no big masterplan by the Chinese state to do so,” he says at The Columbia Global Centers in Nairobi.Read More →
The phase-1 trade deal between China and the US is a non-deal paving the way out of an untenable situation, says leading economist Arthur Kroeber in Money Week.Read More →
China can send in heavy police or army to put down the devastating protests in Hong Kong. But that would devastate its “One Country, Two Systems” approach, and nobody – including Taiwan – would trust China again, writes veteran journalist Howard French in The Guardian.Read More →
One of the major global initiatives by China was the massive Belt and Road Initiative, reviving the old silk roads. In May 2017 a major international conference showed what our experts were already expecting: now all roads lead to China. Even countries who suffered from difficult relations with China, including both Koreas, appeared in Beijing.Larger than the former Marshall Plan after the Second World War, OBOR is going to redefine global trade.Read More →