Foreign firms find the business climate in China ´worse than ever´, tells business analyst Shaun Rein to the Wall Street Journal. Economic growth is lower, and companies wonder what kind of investments are worth while. Pollution and protectionism do the rest.Read More →
Apple got after two years of negotiations its deal with the world’s largest telecom company China Mobile. But the 500 million customers of China Mobile might not all queue up for a 4G deal with Apple, tells business analyst Shaun Rein at Bloomberg. And recent reform plans might not spell well for China Mobile either.Read More →
The reform plans from president Xi Jinping asks for a notable reshuffle of power relations in China, notably from the powerful local governments to the central government. It takes “brute force”, says economist Arthur Kroeber in Bloomberg to reorganize local finances.Read More →
The bears are out in full force again, as the growing burden of governmental debts is possibly pulling the Chinese economy down. Some media even suggested China is heading for its own Lehman debacle. Is that true, of just part of the spinning inevitable before the Third Plenum is gathering in November for its key meeting on China’s reform. Can and will the government bail out the banks and local governments?Read More →
The latest fiscal crisis in the United States worried China, but there is very little that can be done by China, says economic analyst Arthur Kroeber in the News Oberver. Although there is clear resentment against a world following rules set by the US, China also profits from it, he adds.Read More →
For the communist party, fighting corruption is a matter of life and death, author Zhang Lijia told CNN’s anchor Kristie Lu Stout in “On China”, focusing on the crackdown on corruption by the current leadership. “They will catch a big tiger from each province. But again you guess, which tiger will get caught. The most corrupt one, or the most politically weak?”Read More →
Newsnight of the BBC broke the news that international hotels like Kempinsky and Intercontinental are closely liked to the sex trade. Business analyst Shaun Rein warns in the same article about the impact foreign companies can feel, if they do not stay clean in China.Read More →
The main reason for China’s government to start the Shanghai Free Trade Zone last weekend was to increase competitiveness in the service sector, where in telecom and finance state-owned giants have been dominating up to now, tells Shanghai-based business analyst Shaun Rein on Radio Australia.Read More →
Mooncakes and watches are just a few of the items you cannot give officials as a gift anymore, as Xi Jinping’s anti-corruption drive is gathering steam, in stead of losing it. But gift-giving is not disappearing, tells business analyst Shaun Rein in the Jing Daily, it is just changing.Read More →
President Xi Jinping’s anti-corruption drive has lasted longer than everybody expected, hurting high-profile drink manufacturer Moutai hard. The drink is unfortunately “synonymous with corruption and hedonism”, tells retail analyst Shaun Rein Reuters.Read More →
Author Zhang Lijia looked for the BBC World Service back at the Bo Xilai thriller, an event that kept many Chinese glued to their computer screens, mobiles and sometimes even TV-screens. Some of the motives behind an unprecedented open political trial.Read More →
After the recent closure of the Bo Xilai trial, expectation was that China’s current leader Xi Jinping would lay down for a while. But the opposite is happening as he takes on both Zhou Yongkang and Jiang Jiemin, a former and a current polit-bureau member, tells analyst Arthur Kroeber, according to Bloomberg.Read More →