Category Archives: currency

Trump’s dramatically changed view on China – Sara Hsu

US president Trump called China a currency manipulator and announced a 45% import tax on Chinese goods during his election campaign, but instead came up with a 100-day plan to work out friendly relations. Political analyst Sara Hsu discusses how the 100 day plan is developing, and why Trump changed his viewpoint.

PBOC promises for fintech and startups – Andy Mok

Business analyst Andy Mok has nine take-away’s from this week’s central bank’s press conference. Fintech and startups got priority from the government, he writes in CGTN, and they prepare for global expansion. But domesticallly virtual currencies and digital payment systems are kept under control to avoid capital flight.

Financial restrictions hurt China´s outbound investments – Victor Shih

Fast declining foreign reserves have pushed China´s financial authorities into severely restricting the outflow of capital. Outbound investment, like the Vancouver real estate industry, might be under pressure, says financial analyst Victor Shih in the Vancouver Sun.

Xi Jinping has few opportunities to push China ahead in Davos – Victor Shih

President Xi Jinping will visit the World Economic Forum next week in Davos as the first Chinese head of state. It is part of China´s push for international recognition, but political and financial analyst Victor Shih sees at this stage little room for progress, he tells at the Economic Times.

How capital flight and US treasuries are linked – Paul Gillis

China sees a massive capital flight, putting its currency, the yuan, under pressure. For that reasons, says accounting professor Paul Gillis to the VOA, are capital flight and China´s garage sale of US treasuries closely linked.

Outbound M&A will slow early 2017 – Shaun Rein

Increased government restrictions on the outflow of capital will severely impend the outbound M&A activities in the first quarter of 2017, after a record year in 2016, expects business analyst Shaun Rein, according to the South China Morning Post.

Financial experts at the China Speakers Bureau (updated)

Now a massive row of Chinese companies, including Alibaba, are preparing for IPO´s, both at home at abroad, insights in China´s financial industry are more important than ever,

The government wants to allow market forces to decide what financial direction the country is taking, and because more than even capital is owned by Chinese citizens, just looking at what the central government in Beijing is doing, is not longer good enough.

Trump missed 10 years of change in China – Shaun Rein

President-elect Donald Trump has announced he will get American jobs back from China, and named China a currency manipulator. But jobs have already moved away from China, says business analyst Shaun Rein, author of The End of Cheap China, in the International Business Times, and he has missed 10 years of change in China.

More rich leave China in 2016 – Rupert Hoogewerf

The trend of China´s rich planning migration to other countries has increased to 60 percent in 2016, according to the latest report by the Hurun Rich list. A weaker currency and fear for a collapsing domestic real estate market are the main reasons, Hurun founder Rupert Hoogewerf tells in the South China Morning Post. The US topped the list, followed by Britain, Canada, Australia and Singapore.

BitMex helps Chinese investors to go global – William Bao Bean

Former Citi-group banker Arthur Hayes started BitMex, a bitcoin exchange. Bound to be a success, says VC and innovation expert William Bao Bean to Bloomberg, as Chinese are looking for ways to invest their capital outside China, where growth it slowing down.