China has strongly resisted a claim by the World Bank that is had surpassed the economy of the US in PPP terms. Just a matter of time, says economist Arthur Kroeber. China will have to accept it will be the largest, he says in Radio Free Asia.Read More →
After Alibaba filed this week its paperwork for its upcoming IPO. Business analyst Ben Cavender looks at its great profitability, but also risk from competition in e-commerce and fear for pressure fro the big Chinese banks.Read More →
Stories about hospital staff being beaten up by angry patients and their families have become all too common in China´s media. Corruption and underfunding are the base of that violence, says author Zhang Lijia, who pleads for health care reforms in the South China Morning PostRead More →
A lot of the old perceptions of China as cheap, and Chinese as avid savers, are cliches from the past, tells business analyst Shaun Rein in Arnnet. And while China is catching up with the west, western companies and country should make sure they deal with a fast changing China.Read More →
Figures coming from China, especially recent PMI data look gloomy, but business analyst Shaun Rein does not expect any major stimulus plan soon, he tells in MoneyControl. Only high unemploymency, for example when many graduates cannot find jobs in June, could trigger off a minor stimulus plan.Read More →
Typically China´s economic challenge is seen as moving from manufacturing to domestic consumption and services. Financial analysts Sara Hsu looks at the experience in Japan and the US and wonders in the Diplomat whether that is a smart move.Read More →
Author Paul French publishes this month his next book on North Korea, North Korea: State of Paranoia: A Modern History. In the Guardian an extract where he describes a normal day in the life at its capital Pyongyang.Read More →
In a detailed write-up for the Columbia Journalism Review former foreign correspondent Howard French describes how Bloomberg started to engage in political reporting in China, to compete with the Wall Street Journal and the New York Times, but killed a successful journalism project, after China´s power-brokers turned up the heat.Read More →
Author Zhang Lijia and her female class mates were the victim of sexual abuse when she studied in Nanjing, she recalls in the New York Times. Scandals have put sexual abuse on the official agenda, but that might not be enough, she fears.Read More →
Financial analysts Sara Hsu has been predicting doomsday scenario´s for China´s financial stability in the past. But the announced financial reforms have made her carefully optimistic about the direction the country is taking, she writes in the China Brief.Read More →
Zeng Fanzhi, 50, is China´s best selling artist alive today with sales of US$84 million, according to the Hurun Art list 2014, published earlier this month together with Artron. The list offers an objective benchmark of Chinese artists, says its founder Rupert Hoogewerf in 4Hoteliers.com. Read More →
China´s financial authorities try to fight illegal fundraising, as one of the features of shadow banking. Financial analyst Sara Hsu give in The Diplomat an overview of this tradition, that has boomed with the country´s economic growth.Read More →