The world’s major stock markets braced for a black Monday, but also China’s financial policy makers have had a sleepless weekend over the US downgrade by S&P, Shaun Rein writes in the CNBC. They get now very vocal on the financial problems of the US.Read More →
After becoming the shop floor of the world, China is now focusing on its position as global innovator. IMD-professor Bill Fischer examines in Forbes whether those ambitions can become true. Counting patents is certainly not the way.Read More →
China’s Internet companies are delaying listings in the US and for good reason, business analyst Shaun Rein explains in the US-edition of the China Daily. Negative sentiments rule even among the often too optimistic US investors when they look at China.Read More →
“Last week’s visit to China by Adm. Mike Mullen, the chairman of the U.S. Joint Chiefs of Staff, is further evidence that military relations are improving and will continue to do so,” writes defense specialist Wendell Minnick in the Defense News. Read More →
The US ban on delivering military products to Taiwan, has forced the island to rely more on indigenous arm products. But the military in Taiwan still prefer the US-made products, tells Defense expert Wendell Minnick in ATimes.Read More →
China’s debts could be as high as 150% of its GDP, higher than that of the US and Greece, says political analyst Victor Shih in Aljazeera. But is should reform its inefficient economy to deal with that debt. Read More →
The US have again blocked a US$ 8.7 bn Taiwanese order for F-16’s, writes Wendell Minnick in Defense News. The move to please China, might cost the US up to annual 16,000 jobs, according to Lockheed Martin.Read More →
The fairy tales of sky-high valuations for China internet companies at exchanges in the US seem over, yet again. Financial analyst and VC William Bao Bean expects a return to realistic valuations, in a soft landing, he tells The Australian. Read More →
The Wall Street Journal has more details of the earlier released Hurun report about how China’s rich spend their money while traveling. Tension with France have been forgotten, as Paris has become their most favorite destination. The Hurun report is produced by Rupert Hoogewerf.Read More →
China’s billionaires and millionaires are a much-wanted market for the travel industry. But those rich have very distinct travel habits, discloses a new Hurun report, its founder Rupert Hoogewerf tells the China Daily. Key words: youth, self-reliance and brand loyalty.Read More →
Federal Reserve chief Ben Bernanke is not worried about inflation in America, writes Shaun Rein in CNBC, but he should be worried when China sends its high costs to the US.Read More →
China’s PLA is about 20 years behind the US military, Defense minister general Liang Guanglie told the Shangri-la Dialogue last Monday, writes Wendell Minnick in Defense News. It was the first time ever a high-ranking delegation of the People’s Liberation Army joined the annual conference.Read More →