China is fast becoming an innovative economy, and one of the key changes is the improved climate for start-ups, tells author Shaun Rein of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. Especially in mobile, China is leading, he tells Knowledge CKGSB.Read More →
Speculations have been mounting the current governor or China´s central bank PBOC, Zhou Xiaochuan, is up for retirement soon. Bloomberg asked financial experts who they expect might be the next central banker. Financial expert Victor Shih explains why he puts his cards on Yi Gang.Read More →
The People´s Bank of China, the central bank, recently pushed 100 billion Renminbi to its five largest banks to stimulate the economy. But China´s economy rather needs reforms than more capital, argues financial analyst Sara Hsu in the Diplomat.Read More →
Chinese consumers bought US$176.1 billion worth of goods online in the first half of 2014, almost 10% of all retail sales. Great potential, admits financial analyst Sara Hsu in The Diplomat, although there are also major barriers for its development.Read More →
China´s is setting up five asset management companies or bad banks to buy up bad debts on a local level, comparable to five national firms that bailed out China´s largest banks in the 1990s. But that will not help, if the current fiscal dilemmas for local governments are not solved, writes financial analyst Sara Hsu in the Diplomat.Read More →
One of the reforms in China have changed the way it´s central bank is operating, writes financial analyst Sara Hsu in the Diplomat. A new set of tools allows the bankers to be more creative.Read More →
Hailed as an alternative way to raise funds, China´s corporate bond market faces a potentially fatal end as its second default is looming, writes financial analyst Sara Hsu in the Diplomat. Defaults were seen as way to discipline the market, but the opposite might happen.Read More →
Slowing economic growth, uncertainty about measurement tools being used and promises by the government for reform. Those are just three elements making assessing China´s GDP for the coming years tough. Financial analyst Sara Hsu gives it a go at the Diplomat.Read More →
Lower barriers to capital accounts, make it easier to trade in China´s currency, the Renminbi. Offshore trading centers expand, at the country builds up it financial leverage. Financial analyst Sara Hsu has a look at the expanding RMB clearance banks in the Diplomat. After Hong Kong, London, Frankfurt and Seoul, Paris and Luxembourg followed.Read More →
China´s corporate debt last week outstripped the US, according to a report by Standard and Poor´s, a staggering US$14.2 trillion at the end of 2013. But it is not only the size that matters, writes financial analyst Sara Hsu in the Diplomat. China´s corporate debts is very different from that in the US.Read More →
Fraud and scandals have been dragging real estate and commodities down in Northeaster Qingdao, with real estate prices dropping up to 30 percent. Financial analyst Sara Hsu sees it as a potential scenario for shadow banking in more parts of China, she writes in the Diplomat.Read More →
Inflation is up, but business analyst Shaun Rein does not expect the government to push more liquidity into the economy, he tells at Bloomberg TV. The weak domestic demand is troublesome, though, he says: “I have never seen it so bad in my 17 years in China.Read More →