Europe is hoping to tap into China’s foreign reserves, but at the same time try to keep on talking tough on trade issues. Europe should get its act together before they turn to China, tells Shanghai-based business analyst Shaun Rein in CNBC. And China has become more purdent in bailing out other economies.Read More →
The United States are using China’s currency, the Renminbi, as a scapegoat to hide its economic problems are created by themselves, argues economic analyst Arthur Kroeber in The New York Times. China is using its currency as a development tool, as so many countries did in the past.Read More →
No, says business analyst Shaun Rein, when he has to answer the questions whether China should use its foreign currency reserves to support the European Financial Stability Facility (EFSF). In CNBC he argues that Europe should hold up its own financial pants.Read More →
China’s banks and its bankers are totally different creatures than their Western counterparts, explains political analyst Victor Shih in Reuters. They not only closely follow the political line of the day, but are more politicians than bankers.Read More →
China’s rich are increasingly protecting themselves against the volatility of the stock and real estate markets by cashing out. A new Hurun China rich list documents the billionaires in cash, tells Hurun founder Rupert Hoogewerf to local media.
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China’s consumers and companies are massively withdrawing their deposits from the banks, political analyst Victor Shih reports in the Financial Times. An explanation for this banking meltdown is still lacking.Read More →
The US and China are at loggerheads again over the way China deals with its currency. It does not help both China and the US have two fundamental different ways to look at their currency, says economic analyst Arthur Kroeber, quoted by the Japan Times.Read More →
China is manipulating its currency to boost its export, US criticasters say. China sees an undervalued exchange rate as the right of a developing country, just like other did in the past, argues economic analyst Arthur Kroeber in the Voice of America.Read More →
Europe is more than ever looking at China as a way out of its financial misery. But business analyst Shaun Rein argues in CNBC that buying Italian bonds is not in the interest of China, or the world. Read More →
While the US administration is falling short of calling China a “currency manipulator”, US fear for the Chinese currency still prevail. In Foreign Policy economic analyst Arthur Kroeber argues why its financial authorities do not trust the markets to set its rates.Read More →
Bonds from 15 local government agencies worth US$ 2.5 billions to finance the Beijing Olympics are due, and financial and political analyst Victor Shih tells Bloomberg that is reason enough to keep a close eye on how China is going to pay back its debts.Read More →
China’s second largest video sharing firm Tudou launched last week successfully at Nasdaq, and business analyst Shaun Rein discovered they want “buy things”. Wrong, he argues in CNBC: Tudou should focus on its sustainability and become profitable. Read More →