Business analyst Shaun Rein does not support the current bearish mood on China´s economy, he tells MoneyControl. There are weaknesses, but economic growth for Q4 will be at or close to 7 percent, he says. And weaknesses offer opportunities, if you have a strong stomach.Read More →
Hundred of smaller Chinese firms entered the US stock markets through reversed mergers, looking for an easy way to get access to capital. But changed regulations and weary US investors have likely killed that market, tells accounting professor Paul Gillis in the South China Morning Post.Read More →
China´s largest brokerage Citic is under investigation for causing the recent downfall in China´s stock markets. But they did just want the government initially wanted by cheering up the markets, says finance professor Paul Gillis to Bloomberg. The same government now needs a scapegoat.Read More →
China´s stock market regulators launched the idea of a circuit breaker, to avoid heavy swings at the markets. The market would be stopped for 30 minutes after an upswing or downswing of more than five percent, at most once a day. Highly symbolic, writes financial analyst Sara Hsu in the Diplomat, and it cannot be a proxy for real reform.Read More →
One of the reasons financial markets went out of control, is because president Xi Jinping is mostly focused on politics and geopolitical ambitions, says political analyst Arthur Kroeber in the Washington Post. Read More →
The central government wrongly used the upswing in stock markets as a proxy for real reforms, says associate professor Victor Shih in the Washington Post. Until those shares came down and created mayhem in China and globally. “”In dictatorships, when things are going well, nobody wants to end the party.”Read More →
The government has really messed up almost anything they did on the financial markets, says financial analyst Arthur Kroeber on NPR. Internal divisions between different factions did not help to make sound financial decisions.Read More →
China´s central bank decided on Tuesday evening to step in with a few minor measures. Too little, too late to have any effect on the stock markets, tells business analyst Shaun Rein in Money Control. But since the real economy is doing pretty well, he sees little reason for real worry.Read More →
The China Security Regulatory Commission (CSRC) has, again, announced it will act harshly in the case of insider trading. Rightfully so, writes financial analyst Sara Hsu in the Diplomat. But it is not enough.Read More →
Panic and fear rule China´s stock markets, says business analyst Shaun Rein at Money Control, but it is mainly small retailers who rule the current market, others have safely left. And for the Yuan: that was already overvalued for a long time, he says.Read More →
Heated arguments still rage on the effect of the recent downturn of China´s stock markets. And while the government dealt badly with the financial markets, the effect on China´s economy will be limited, writes economist Arthur Kroeber in ChinaFile.Read More →
Economist Arthur Kroeber spells out three worries for China in the Business Standard. The stock market, short-term growth and long-term growth and reform. Here is his first worry. Damage to the economy seems limited.
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