US-president Donald Trump gave the financial market a hit this week by announcing a sudden increase of tariffs on Chinese goods, but veteran economist Arthur Kroeber still believes a trade deal could be done next month, he tells Bloomberg.Read More →
The trade talks between China and the US might be moving into the right direction, but tensions on other issues are abundant, for example on US demands to stop importing oil from Iran. Professor Sara Hsu explains why China will not comply with the demands of the US.Read More →
One hundred years ago students protested in Beijing for patriotism and democracy. President Xi Jinping has jumped on the centennial anniversary by praising the patriotism of the May Fourth protests. Commentator Zhang Lijia notes that he ignored that democracy was an inherent part of its legacy, she writes in the South China Morning Post.Read More →
For the outside world, Xi Jinping looks like the effective authoritarian leader, killing effectively public debate in the country. But journalist Ian Johnson noted over the past few months an amazing growth of opposition inside the Party, he writes in the NY Review of Books.Read More →
In its fight against an economic slowdown, China has opened the bank vaults again and pumped more credit into its financial systems, again, says political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation to the New York Times. It is an old solution in a country where debts are already at dangerous levels, he says.Read More →
Yujiapu, Tianjin’s financial district, is building China’s Manhattan, with loans since most inhabitants still have to arrive. That goes well, says financial analyst Victor Shih, as long as the project has the political goodwill in Beijing to subscribe giants loans, he tells in the New York Times.Read More →
China veteran Ashley Dudarenok notices an upswing in the mood about China’s economy, she tells in her daily vlog. Prospects for the trade agreement between China and the US look good. Financial reforms, including a reduction of the VAT is in the pipeline, and president Xi Jinping supports more than ever private companies. Read More →
China is trying to pacify Islam by force, but is achieving the opposite of the stability it wants to secure, says Ian Johnson, author of The Souls of China, to Foreign Policy. “By using more force to increase stability, the government is achieving the opposite effect.” Read More →
Harry Broadman has joined the global consulting Berkeley Research Group as a managing director and will be leading the new Emerging Marketing Practise. He will remain in Washington DC.Read More →
Women in China might be regaining some tracking in the economy, they are still lacking political leverage and earn on average less than men, says author Zhang Lijia at Wion. “According to Zhang, if China wants to improve the lives of women, it will first need to accord them equal status in society and politics.”Read More →
As the formal trade war might be heading to an end game, four US constituencies have different views on how to deal with China, even after the trade war ends, explains economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® at a meeting of the Asia Society.Read More →
Equal treatment for foreign companies and a more open economy are just two of the positive issues China new foreign investment law offers, writes China veteran and lawyer Mark Schaub at the China Law Insight. The draft will be debated in the upcoming parliamentary conferences and includes a few interesting twists, including a revival of the VIEs (Variable Interest Entities)Read More →