China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.Read More →

Nouriel Roubini via Wikipedia The famous economist Nouriel Roubini predicted the American financial crisis, and now says China is in trouble in 2013, writes Shaun Rein in CNBC. But he is dead wrong on basic trends on income, demographics and investment trends. Shaun Rein on the wages: Roubini also underestimatesRead More →

Bill Dodson The pendule of globalization is now moving towards the US, notes Bill Dodson in his weblog, where IT programmers cost a much as those in China. An analysis of the moving IT market in the eyes of Bill’s American friend: “They sharpest ones (in India) took their moneyRead More →