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 →
Political scientist Victor Shih looks in The Financial Times into the trial of government officials after the Shanghai fire, costing 58 lives last November. “A disturbing pattern of corruption, which is endangering the lives of millions around China.”Read More →
Shaun Rein by Fantake via FlickrChina will not be able to play a role in mitigating a new financial crisis, like it did in 2008 at the first dip, writes business analyst Shaun Rein in CNBC. Sky-high debts and a stiff inflation rate limit the country’s room In CNBC: ThreeRead More →
The world’s major stock markets braced for a black Monday, but also China’s financial policy makers have had a sleepless weekend over the US downgrade by S&P, Shaun Rein writes in the CNBC. They get now very vocal on the financial problems of the US.Read More →
Political and finance analyst professor Victor Shih discusses the changes of massive capital flight from China. The amount of 3 trillion US dollar could leave the country, he argues in this video.How much value has its officially formidable foreign exchange reserve?Read More →