The recent downturn in the stock market and the government restrictions on money capital transfers might hit transfers in China´s football leagues, says financial analyst Victor Shih to Associated Press. “It is a general problem for wealthy people in China who are major shareholders in companies,”Read More →
China has accumulated debts US$25 trillion and because of the relative high interest rates, that level of debt is unsustainable, argues financial analyst Victor Shih at the USC U.S.-China Institute. And when China gets into trouble, there is no IMF-style institution with enough capital to save it. A crashing stock market also does not help.Read More →
Much noise has been produced in the past year on how state-owned companies might or might not reform. Political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation does not see that much genuine reform, he tells the China Economic Review. Read More →
Two years ago, China promised market forces will enter the financial arena. But is has been a mixed message from the start, and after the government tried to save a dropping stock market, financial analyst Arthur Kroeber looks for the Brookings Institute at what has happened.Read More →
Innovation, and its related funding, did get a solid footprint in China over the past few years, making even startups in Silicon Valley jealous. And we can expect more, tells William Bao Bean, managing director of China´s largest incubator ChinaAccelerator, in the New York Times.Read More →
For veterans the 30% drop of Chinese stock markets last week was not really a surprise, but this time especially young inexperienced investors have been hit hard, tells business analyst Shaun Rein author of The End of Copycat China. Over the past month 7 million new accounts were created, mostly by investors under 30 years. That might his consumer confidence, says Rein.Read More →
A critical report of the World Bank on China got quite some media attention. That storm only became heavier after the report was removed from its website. Financial analyst Sara Hsu explains in the Diplomat why the World Bank was wrong to start with.Read More →
The current mayhem at China´s stock market might be some short-term panic selling, but business analyst Shaun Rein points at the systemic risks in China, as a growing number of companies use their shares as collateral, he warns at Bloomberg. For US companies, the current fallout seems less problematic.Read More →
China´s stock markets might have dropped already more than 30%, but there is more room to fall, tells financial analyst Victor Shih in Quartz. Existing sell orders will put downward pressure on the market, he says.Read More →
A sky-high rally, a scary fall and unprecedented government action to stop that fall. Is the government for the first time losing its dominance to market forces, as some suggested? Financial analyst Arthur Kroeber does not think so, he tells Globe and Mail.Read More →
Step by step, China takes its currency global. The latest move, the launch of the China International Payment System (CIPS) this fall, marks another step forward, writes financial analyst Sara Hsu in the Diplomat.
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China´s stock markets got a setback as global stock-index compiler MSCI decided to delay inclusion of China at least still next year. Reason: the current 5% foreign participation is too low. But business analyst Ben Cavender expects China to open its market further this year and an estimated 20-50 billion US dollar in capital to enter the market next year, he tells Money Control.Read More →