Shadow banking covers about 25% of China’s financial industry, and poses a threat to the country’s future. Shadow banking expert Sara Hsu fears that these riskier ways of getting finance, shadow banking might collapse and wipe away the savings of many Chinese, if the government does not step in, she tells at the China Weekly Hangout.Read More →
Japan is quietly trying to repair its relationship with China, as it is not longer sure in the cause of a conflict, it will be backed by the United States, writes the Japan Times. Author Howard French analyses how Japan deals with this new uncertainty in international relations.Read More →
President Xi Jinping’s struggle against corrupt officials gets a juicy turn as dumped mistresses use the internet to get even with their former lovers, explains author Zhang Lijia on het website. Zhang Lijia is currently working on a book on prostitution in China.Read More →
Author Zhang Lijia ran into a professor who gives PR training to local government officials in charge of guarding stability, or weiwen. Important that they learn about communication and PR, but not enough, she writes on her weblog.Read More →
Americans tend to get worried, as China’s economic muscles are strengthening. No reasons, tells business analyst Shaun Rein in the New York Times, in “Room for Debate” the Americans. China is a different kind of power, not alike the US power.Read More →
Giving bribes to doctors and hospitals is illegal, and goes against the beautiful mission statements many pharmaceutical companies have written. But if you want to expand your drug business in China, there is not other way than paying bribes, tells business analyst Shaun Rein in NPR.Read More →
China-bashing occurs in the odd years, notes China analyst Arthur Kroeber in ChinaFile, because in the even years – election years – US politicians have to focus on problems American really care about. This week, in 2013, the US Senate scrutinized the Smithfield-Shuanghui pork deal, one of the more sillier problems in US-China relations, writes Kroeber.Read More →
GlaxoSmithKline found itself in the hot seat, after China’s authorities started an investigation into its bribery practices and one of its executives was broadcasted on central tv, confessing his crimes. But in some industries, including pharma, bribery is endemic, tells marketing analyst Ben Cavender at CNN.Read More →
Earlier this month China’s government took the extraordinary step of forcing children to visits their parents regularly by law. Author Zhang Lijia looks in The Guardian back on how filial relations in China have been changing dramatically over the past two decades. Action is needed, she writes.Read More →
A slowing economy and efforts for introduce structural reforms will most probably work out fine in the long run, tells economist Arthur Kroeber in CSMonitor. But for companies, on a micro level, we will see a lot of stress in the coming 18 months, as easy credit is not longer on the agenda.Read More →
China’s government tries to shift its economy from investment-driven to consumer-driven, but the latest figures suggest that push is not yet having the expected results, says business analyst Shaun Rein in the Voice of America.Read More →
Scrutinizing foreign firms is nothing new in China, but the recent investigation into drug prices is a clear message to the industry, tells market researcher Ben Cavender to CNN.Read More →