Although there is no reason to believe China´s economy is heading for a crash, the lack of real structural reforms still makes investors worried, writes economist Arthur Kroeber for the Brookings Institute and author of China’s Economy: What Everyone Needs to Know? While the state sector was supposed to shrink, it continues to grow.Read More →
The supposed capital flight from China has been keeping international financial markets more than busy. A hype, concludes economist Arthur Kroeber and author of China’s Economy: What Everyone Needs to Know® after looking at the figures in China File.Read More →
Whether China is copying or innovating is a useless discussion, says VC William Bao Bean to the South China Morning Post. Everybody is building on previous experiences, he says, but certainly in social commerce, how to sell online, China is way ahead compared to other parts of the world.Read More →
Leading economist Arthur Kroeber does not see reason for financial volatility in the short run, he tells at Bloomberg. The Chinese government will not try another devaluation, like they mistakenly did in August, and the funding of banks is very solid, at least for the next two to three years.Read More →
Last month the financial startup BitMEX won the first place in Singapore among 475 other startups. BitMEX offers traders an account, allowing them to trade in bitcoins. A winning proposition, tells ex-banker William Bao Bean to Bloomberg, as many try to siphon capital out of China.Read More →
Peer-to-peer lending got quite some coverage in China´s media, both as a huge business opportunity, and as an attractive criminal operation ground, says financial analyst Sara Hsu in the Diplomat. Authorities have tried to crack down on crime, but are also afraid to kill a good business.Read More →
Making sense out of Beijing`s recent financial direction is hard, even for veteran political and financial analyst Victor Shi. In the Wall Street Journal, he tries to give it a shot. “As with any addiction program, the first step is to admit you have a problem.”Read More →
Journalist Ian Johnson interviews economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® on – among other subjects – China´s financial reforms and what has been derailing them in the New York Times. “The desire to control things has won out over the desire to reform and liberalize.”Read More →
Building more infrastructure has been a receipt for China to keep its economy growing double-digit for a long time. But that old growth model is no longer working, tells economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in an interview with QZ.Read More →
A dramatic reduction of global steel demand has sent the steel producers into disarray. China, good for half of the production, has upset the rest of the world by financing its export. A better policy would be keeping steel in store, until demand picks up again, writes financial analyst Sara Hsu in the Diplomat.Read More →
Taipei-based startup accelerator MOX has been taking off, bringing a piece of Silicon Valley and jobs to Taiwan. Chinaccelator Managing Director William Bao Bean explains in the Taipei Times why Taiwan offers a good breeding grounds for mobile only startups.Read More →
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 →