The central government is actively going after its major state-owned banks for ‘violations’ in its lending policies, indicating concern about the direction of China’s financial system. China is not yet facing a Lehman moment, tells business analyst Shaun Rein the BBC, but action is needed.Read More →
Despite adverse winds, China’s economy is not really into deep trouble, writes economist Arthur Kroeber in ChinaFile. The only real threat is when the new government lacks the stomach to push ahead with needed reforms.Read More →
Low interest consumer credits are booming in China, tells retail analyst Shaun Rein at WSJ. Ten years ago credit cards did not exists and consumers would even a few years ago purchase BMW’s by bringing cash. But despite the boom bad credit is no issue yet, he says, as limits are touch compared to the US.Read More →
Economic and political reforms have to go hand in hand, economist Arthur Kroeber argued at a forum on the new leadership in China, organized by the state-run Global Times on Tuesday. In a summary by the Global Times.Read More →
Rich Chinese are massively leaving China, obvious politically “a hot potato”, tells China’s rich list founder Rupert Hoogewerf in The Telegraph. Although the effect might not be as devastating as the figures suggest.Read More →
China and the US restart very soon their trade talks, traditionally marred by US complaints on how China manipulates its currency. Now, rising protectionism by state-owned companies offer a new stumbling block, says business analyst Shaun Rein at the BBC.Read More →
Getting on Hurun’s rich lists, some consider to be dangerous. Rupert Hoogewerf, the composer of the rich lists, denies at the BBC, but admits his list is far from comprehensive.Read More →
Shanghai has tried to lure headquarters of foreign multinationals for decades, but a recent policy change might just help the city to do this just a bit more effective, explains Shanghai-based lawyer Mark Schaub in IFLR.Read More →
After years of double-digit growth, China’s economy is slowing down a tidbit. About time, tells economic analyst Arthur Kroeber in his research paper. Broccoli in stead of cheesecake.Read More →
China’s currency the Renminbi is not going to be a global reserve currency soon, and perhaps not in a very long time, writes political science professor Victor Shih (co-authored with Susan Shirk) in Foreign Policy. Read More →
Private equity firms are rushing into China, but it is not always a smart move, tells business analyst Ben Cavender in Pensions&Investments, although the market is maturing.Read More →
China’s finance minister is not going to a World Bank and IMF-meeting in Japan, as major sign to the rest of the world: do not push us around, tells business analyst Shaun Rein on Radio Australia.Read More →