Few things are sure in China, but the government has called all hands on deck to regain control over the economy. Financial analyst Sara Hsu gives for the Diplomat an overview of the measures already taken to stabilize China´s financial industry.Read More →
How deep are the pockets of the People´s Bank of China (PBOC) to keep on funding its financial system? According to economist Arthur Kroeber they are safe for another year, and can use the time to clean up the current mess. Learning how to communicate with the markets is one talent that needs urgent development, he tells Bloomberg.Read More →
The surprise dismissal of China´s financial regulator Xiao Gang does not mean that its policies and approach are really going to change, says political analyst Victor Shih in the New York Times. His successor Liu Shiyu is certainly no bold reformer, says professor Shih.Read More →
China´s debts level has reached record heights, but the state will continue to guarantee sovereign debts, writes financial analyst Sara Hsu. And that support is also extended to state-owned companies like Cosco and ChemChina, despite downward pressures from the rating agencies, she argues in the Diplomat.Read More →
Economist Arthur Kroeber might have been an acknowledged bull on China´s economy in the past, now, for 2016 he expects things to turn worse than they are already, as the heavy industry is expected to shed 7 million jobs, he tells at NPR.Read More →
While the Chinese stock markets did not plunge after trade resumed after the Chinese New Year, business analyst Shaun Rein expects the markets to remain volatile for the next 3 to 4 months, he tells Money Control.Read More →
The odds are that we are heading for a new financial crisis, says ABS-expert Ann Rutledge in Forbes. “So, if you ask me whether we are going to have another global financial crisis in 201. “I would say the odds are good. This one probably started in 2013 and by now is well under way.”Read More →
The governor of China´s central bank, the People´s Bank of China, Zhou Xiaochuan tried to ease the expected turmoil on the financial markets ahead of their opening after Lunar New Year. Zhou tries to save the few reforms he was able to achieve, says financial expert Victor Shih to Bloomberg.Read More →
Almost a trillion US dollar worth of capital has left China over the past year, showing a profound lack of confidence among its citizens, tells business analyst Shaun Rein in the New York Times. “Companies don’t want renminbi and individuals don’t want renminbi.”Read More →
Many growth indexes in China might point south, consumer spending is one of the few that might indicate government policies might be working, writes financial analyst Sara Hsu in the Diplomat. Americans still consume per capita 53 times more goods and services than Chinese, so there is much room to growth, she says.Read More →
The ups and especially downs of China´s economy keeps on shocking the rest of the world. What can we expect, economist Arthur Kroeber asks for the Brookings Institute. Did the international markets overreact? In China more commitment to reform is needed.Read More →
China´s economy might not be in acute trouble, she is certainly lacking directing, says economist Arthur Kroeber in the Irish Times ” China is unlikely to collapse, but it does risk losing its way.”Read More →