Arthur Kroeber by Fantake via Flickr China’s government is placing its bets on increasing domestic spending by consumers, tells Arther Kroeber in The Guardian. But the inflation seems to be undermining the confidence among those consumers. The 11.7% rise in food costs reflected growing demand, a shrinking pool of youngRead More →
Victor Shih by Fantake via Flickr Despite three trillion US dollar in foreign reserves, China’s banking system is more fragile than you would think when you look at that figure only, tells Victor Shih at the Institute for New Economic Thinking. Much of China’s wealth is concentrated with very few.Read More →
Rupert Hoogewerf Despite government measures to curb housing speculation, property kept on creating wealth for China’s millionaires, says Rupert Hoogewerf or Hurun in the Shanghai Daily, as he publishes his latest report on the country’s rich. One in 1,400 Chinese owns over 10 million RMB (1.5 million US dollars) in assets.Read More →
Shaun Rein by Fantake via Flickr Shaun Rein addresses at CNBC China’s largest nightmare, inflation, as real estate prices and wages go up. But he remains optimistic about the country’s consumers, who keep on buying for the coming six months. Shaun Rein is a speaker at the China Speakers Bureau.Read More →
Image via Wikipedia What foreign companies, trying to tap into the China market, regularly forget is that there is no need for their services, tells retail analyst Paul French at Marketplace Public Radio. Home Depot is an example. Paul French responds to Raymond Chou, president of Home Depot China: CHOU: The HomeRead More →
Shaun Rein by Fantake via Flickr Foreign firms in China currently make fat margins, showing the strenght of the economy, Shaun Rein tells Bloomberg, despite high profile failures like Barbie, Home Depot and BestBuy. Inflation might still be a huge problem, but there is no bubble in the making, he argues.Read More →
State-driven by Getty Images via @daylife Leading political economist Victor Shih reviews five books he recommends on China’s economy for The Browser. Number one is Huang Yasheng‘s Capitalism with Chinese Characteristics: Entrepreneurship and the State. Victor Shih: The biggest misperception about China is that it’s a dynamic market economy –Read More →
Arthur Kroeber by Fantake via Flickr While China’s rank as the second economy in the world means little in material terms, it has an important psychological effect on its international affairs, tells Arthur Kroeber in the Wall Street Journal: But Arthur Kroeber, managing director of GaveKal Dragonomics Research in Beijing,Read More →
Howard French by Fantake via Flickr When Howard French arrived in the 1980s arrived as a foreign correspondent in Ivory Coast it was doing much better than China, he reports in The Atlantic. Now the former Shanghai-correspondent goes back to a depressing country. My frustrations, though, went back even further.Read More →
Shaun Rein by Fantake via Flickr Import into China is growing, the Renminbi might slight appreciate after the Christmas shopping is done and the government is addressing overheating in real estate, tells Shaun Rein Bloomberg. But the real problem is the China IPO bubble developing in the US. (Clip atRead More →
Image by Fantake via Flickr Is there a danger of a trade backlash from the US and Europe against China’s as both Western economy continue to lose momentum. That risk is very low, says Shaun Rein in a comment on CNBC. On top of that, China has already started toRead More →
Shaun Rein by Fantake via Flickr Shaun Rein goes on air in CNBC to explain the confines of the recent food controls imposed by the Chinese authorities to control inflation. Controlling the food prices and lowering the production costs – by killing the toll fees for food trucks – areRead More →