China is preparing a Tobin tax, a tax on capital transactions. At this stage for a zero percentage, but the writing is on the wall. It´s effect on China´s currency depends very much on how the government is going to use this tool, says finance professor Victor Shih in Bloomberg.Read More →

China can avoid the economic traps Japan and Brazil fell into, but only when it is going to take the liberalization of its financial markets serious, writes economist Arthur Kroeber for the Nikkei Magazine. But “on the core issues of debt control and pruning the state sector there is little evidence of progress.”Read More →

Few things are sure in China, but the government has called all hands on deck to regain control over the economy. Financial analyst Sara Hsu gives for the Diplomat an overview of the measures already taken to stabilize China´s financial industry.Read More →

Beijing is now having more (US$) billionaires than New York, says Hurun rich list founder Rupert Hoogewerf in his latest report, according to AP, despite the fierce drop in stock prices of the last six months. “People will look at China the same way that people looked at Stanford or Silicon Valley in the 1990s.”Read More →