Category Archives: Speaker News

Bailing out banks does not help – Victor Shih

The scandal that rocked the once-famous private Minsheng bank has put the question of the role of the government towards the banking system. Bailing out banks create more problems than it solves, says financial analyst Victor Shih to the New York Times.

China’s search for a moral foundation – Ian Johnson

To get rich is glorious was China’s leading principle for decades, but slowly the country starts to search for a moral foundation, says author Ian Johnson of The Souls of China: The Return of Religion After Mao to PJMedia. “According to Johnson, China lacks the mechanisms the U.S. has available for creating social change. In China.”

The tough issue: shadow banking – Sara Hsu

Financial analyst Sara Hsu looks at the new chairman of the China Banking Regulatory Commission (CBRC), Guo Shuqing, and the man he replaces, Shang Fulin. What has Shang done to deal with this murky financial sector, and can Guo do better, she wonders in Asia Times.

Religion: ways for a better society – Ian Johnson

Author Ian Johnson of The Souls of China: The Return of Religion After Mao discusses Taoism, Christianity and Buddhism and how they help Chinese citizens’ ideals and hopes for a better society at the Asia Society.

When your stomach is full, you start thinking about sex – Zhang Lijia

Zhang Lijia, author of Lotus: A Novel on prostitution in China discusses at TimeOut Shanghai her book, the growth of prostitution and how it relates to women’s lives. “When your stomach is full, you start thinking about sex.”

Tencent pays exec more than Apple, IBM to retain them – Shaun Rein

Top executives at China’s internet giant Tencent earn higher salaries than their counterparts at Amazon, Twitter, Intel Apple and IBM, according to job portal Zhaopin.com. Business analyst Shaun Rein is not surprised, he tells the South China Morning Post. There is no other way to retain their talent in China.

Ctrip: Airbnb’s real threat – Jeffrey Towson

Airbnb has a chance in China, unlike many other US companies in the past, argued Beida business professor Jeffrey Towson earlier in the Guardian. On his weblog he gives the US company six additional advises, including marrying into Tencent and Alibaba. Also, Airbnb’s real threat it the travel company Ctrip.

Chinese, using religion to make sense out of their world – Ian Johnson

The South China Morning Post reviews Ian Johnson’s book The Souls of China: The Return of Religion After Mao and delves into the hearts and souls of the growing number of religious believers in China.

What United can learn from McDonald’s – Jeffrey Towson

United Airlines was the latest to discover the ire of the China consumers, and they were not the first. China consumers are changing the rules of the game many Western companies thought they knew how to play, says Beida business professor Jeffrey Towson on his weblog.

Trump: confused and directionless on China – Arthur Kroeber

Not being predictable has been US-president Donald Trump’s trademark on foreign policy. When it comes to China, economist Arthur Kroeber prefers to phrase it in another way. “US policy towards China in both security and economic terms remains confused and directionless,” he says in the South China Morning Post.