Prada is not doing as well as Gucci and Louis Vuitton in branding themselves, and Shaun Rein tells at CNBC why he would buy their suits, but not their shares. China might be skipping import taxes on luxury goods for stimulate sales, so having a decent retail operation in China is crucial.
The Chinese government should be revaluate its currency on one time to stop the price rises in the country, Shaun Rein explains in CNCB. In the past he argued against a too fast increase of the value of the renminbi, since that would hurt the export and the manufacturers. Now, to prevent social unrest, stiff action would be needed to stem inflation.
Victor Shih by Fantake via Flickr China’s three trillion US dollar of foreign reserves and other assets might look impressive, but when you withdraw the country’s debts and other liabilities, it looks no longer that special, tells Victor Shih at the US-China Institute. Local companies and governments hold those debts. Victor
Image by Fantake via Flickr A currency war is looming with the US threatening to impose punitive tariff mechanisms which may trigger a global trade war, writes Andrew Leung at his weblog. “However, China’s current resource-intensive manufactures are already trading at wafer-thin margins and any drastic RMB appreciation is likely to cause catastrophic
Shaun Rein by Fantake via Flickr Shaun Rein is shocked by the American fear and anger towards China, including the misplaced rethoric against China’s currency, he reports in CNBC. “Many attribute China’s boom as a result of stealing American jobs and intellectual property, rather than efficient economic policies and hard
Shaun Rein is the Managing Director of the China Market Research Group, the world’s leading strategic market intelligence firm focused on China. He is one of the world’s recognized thought leaders on strategy consulting in China. In 2012 he published the bestseller “The End of Cheap China.” He travels from Shanghai.
Andrew Leung is chairman of Andrew Leung International Consultants. He is an international China specialist, with a background of forty years of senior official positions in commerce, industry, banking, finance and overseas diplomatic representations. Leung helped set up HK Standard Chartered Asia Ltd., is former chief official representative to United Kingdom and fourteen EU and non-EU countries, including Russia, Switzerland and Norway. He travels from London.
Arthur Kroeber is a respected writer and commentator on Chinese economy and Chinese companies. He has been the managing director and head of research at Dragonomics since 2002. He is also a regular contributor to the opinion page of the Financial Times and a consultant to Oxford Analytica. His articles have also appeared in the Economist, the Far Eastern Economic Review, Wired, and other publications. He travels from Beijing.