The odds are that we are heading for a new financial crisis, says ABS-expert Ann Rutledge in Forbes. “So, if you ask me whether we are going to have another global financial crisis in 201. “I would say the odds are good. This one probably started in 2013 and by now is well under way.”Read More →

The governor of China´s central bank, the People´s Bank of China, Zhou Xiaochuan tried to ease the expected turmoil on the financial markets ahead of their opening after Lunar New Year. Zhou tries to save the few reforms he was able to achieve, says financial expert Victor Shih to Bloomberg.Read More →

Almost a trillion US dollar worth of capital has left China over the past year, showing a profound lack of confidence among its citizens, tells business analyst Shaun Rein in the New York Times. “Companies don’t want renminbi and individuals don’t want renminbi.”Read More →

Many growth indexes in China might point south, consumer spending is one of the few that might indicate government policies might be working, writes financial analyst Sara Hsu in the Diplomat. Americans still consume per capita 53 times more goods and services than Chinese, so there is much room to growth, she says.Read More →

Chinese companies have often been blamed for copying Western innovation and patents. But now China takes the lead in mobile innovations, the argument seems to go the other way. Many of the features we know from WeChat we see now popping up at Facebook. Innovator William Bao Bean discusses whether Facebook has become a WeChat clone.Read More →

While the luxury good suffer from the anti-graft crackdown, what the Chinese buy, they buy increasingly abroad, says China Rich List founder Rupert Hoogewerf at the presentation of his eleventh Hurun Best of the Best Awards 2015, a benchmark for the luxury sector, according to the Shanghai Daily.Read More →