China´s rich have often been blamed for spending less on charity compared to their compatriots in other countries. But slowly, things are changing, says Rupert Hoogewerf, founder of the Hurun China Rich list in the Guardian. “Philanthropy is becoming more sophisticated now,” said Hoogewerf. “The main cause they give to is education.”Read More →
One day after the record-breaking Single´s Day, for business analyst Shaun Rein it is clear the economy is gong strong, he tells Bloomberg in a podcast. The shift from investments to consumption, the plan of the government, is really happening he says. Read More →
eform, and especially financial reform is slowly taking off in China. But the main questions is, writes political analyst Arthur Kroeber in ChinaFile, whether the government will allow fundamental changes in its economy, including competition.Read More →
You take the same economic data on China´s economy, and some economists sees doom and gloom, and others hope and glory. We are actually looking at the wrong data, says economist Arthur Kroeber, and the right ones are not available, he tells CNBC.Read More →
After the IMF, also China has asked the US not to raise their interest rates. For good reasons, writes financial analyst Sara Hsu in the Diplomat. Step from the US had disastrous effects on the global economy in the past.Read More →
The official growth figure was put this week at 6.9% and shows, says business analyst Shaun Rein at Money Control, the country has enough room to grow, at least at the short term. “The fears over China are largely unwounded at least in the short-term.”Read More →
China´s leaders are getting material together to prepare their next 5-year plan, that will be finalized at the National People´s Congress in 2016. Political analyst Victor Shih tries to differentiate between the window dressing and the real issues at Bloomberg.Read More →
Economic growth in China might be slacking, but the number of billionaires has grown in a record speed, says Hurun founder Rupert Hoogewerf in his latest report. With more than 200 billionaires more in one year, China overtook the number of US billionaires, he tells AFP.Read More →
Business analyst Shaun Rein does not support the current bearish mood on China´s economy, he tells MoneyControl. There are weaknesses, but economic growth for Q4 will be at or close to 7 percent, he says. And weaknesses offer opportunities, if you have a strong stomach.Read More →
While the government is fearfully watching China´s number of jobless, the official figures have very little meaning, says financial analyst Sara Hsu at the Deutsche Welle. “We do not even know the labor force participation rate, which is essential in calculating the unemployment rate.”Read More →
While the word ´recession´ is seldom used in China, many industries and region are facing rough times, now the country´s economy is in the middle of a transition into a new economy, tells economist Arthur Kroeber at NPR.Read More →
One of the reasons financial markets went out of control, is because president Xi Jinping is mostly focused on politics and geopolitical ambitions, says political analyst Arthur Kroeber in the Washington Post. Read More →