Chinese listings at US stock markets got recently under fire. Former US assistant trade representative Harry Broadman looks with some amazement at this market at the International Finance Law Review (IFLR). “After decades of working in China intensively on financial accounting, there is not a single state-owned enterprise I’ve worked on that I can think of that abided by international accounting standards,” Broadman says.
The coronavirus or Covid-19 has kept the world in its grip since the beginning of 2020, first as a China problem, but then fast expanding to the rest of the world.
At the China Speakers Bureau, we organize China experts for a global audience, and our speakers have started to speak out on the impacts of that crisis, countries dealt with the crisis, and how China will deal with the major economic fallout of this global disruption.
Are you interested in discussing more options of speakers to deal with the corona crisis? Do get in touch.
At the China Speakers Bureau, we keep a close eye on event organizers and how they prepare for the coming year, in the post-coronavirus period. We see two broad movements: definitely, a part of the gatherings is turning to virtual events, like for example the Felixstowe Book Festival.
More troublesome is the black swan scenario taken this week by Stage Entertainment, organizers in Europe of larger musicals like Tina, Anastasia, and Lazarus to delay their productions till March 2021. For most annual events, like the Olympic Games, a one-year delay might sound obvious, but stalling ongoing shows and events sounds more troublesome.
When you are in business and managing logistical chains, you are prepared for disruption. But the coronavirus is a different kind of disruption that needs a different mindset, says Harry Broadman. “The coronavirus is something that knows no borders and is far more diversified than any supply chain. That’s why you’re seeing pretty pronounced effects reverberating,” he says at US News.
By trying to take on China alone on trade, the US failed to achieve real results in its first trade deal, says trade-veteran Harry Broadman to Bloomberg. China did not adhere to the multilateral trade deal it closed by joining the WTO, but Donald Trump failed to address the issues related to that.
Analysts watched the ‘announcement’ of a first trade deal between China and the US with amazement. Former US trade negotiator Harry Broadman points out that typically you wait till you have something in writing, in both languages, to avoid hiccups before the signing, he explains to Reuters.
Former trade negotiator Harry Broadman warns at Bloomberg the trade war is far from over despite positive sounds on the phase 1 agreement. US President Donald Trump seems more engaged in winning the 2020 presidential elections than ending the trade war. And he introduces agricultural deals for the US that