President Barack Obama is heading for a trade war with China, to divert from his domestic problems. Does the tune sound familiar? Business analyst Shaun Rein dives in his column at CNBC into the Chinese sentiments who blame Obama to develop a contingency policy against China.Read More →
China’s top leaders are preparing for a change in its political leaders early 2012, and the military are no exception. Military expert Wendell Minnick looks at the upcoming changes in China’s top brass in Defense News.Read More →
The decision by the US administration to ban the sale of F-16’s to Taiwan might cost the US economy US$1 trillion, according to a US analysis, writes defense expert Wendell Minnick in Defense News. Taiwan lobbyists find here new ammunition against the ban.Read More →
Killing a chicken to scare the monkey, is a famous saying in China. Giving Wal-Mart trouble might be a way for Chinese authorities to send a signal to foreign companies in China, tells business analyst Shaun Rein in Business Week. Local protectionism is on the rise.Read More →
Audi has lost 25% market share over two years time, as consumers prefer sexier cars like Mercedes and BMW, tells business analyst Shaun Rein in Bloomberg. Audi’s asset as a government car has now become a liability.Read More →
China’s local government have been financing their wealth mostly by selling off land. As debts to fuel economic growth rise, more land sales might be on the agenda, tells financial and political analyst Victor Shih in Bloomberg, increasing the gap between rich and poor.Read More →
Unlike Wall Street Journal’s columnist Bussey Shaun Rein does not think Wal-Mart – or any other foreign retailer in China – is bullied by the authorities. It’s Wal-Mart who betrayed its customers. Foreign retailers gain more and more market share, he tells in CNBC. 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 →
American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.Read More →
When Liang Wengen, currently China’s richest entrepreneur, is voted next year into the Central Committee, that is largely a symbolic move, illustrating the symbiotic relationship between the Communist Party and private entrepreneurs, tells Rupert Hoogewerf or Hurun in CNN.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 →
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 →