China’s leadership is setting a new economic agenda halfway July, and much of the measures focus on the reduction on risk, even if – says political scientist Victor Shih at Bloomberg – that means announced financial reforms will be stalled.
Category Archives: economy
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.
A relative slow growth, a rapidly aging population in an unprecedented demographic transition, and no serious social safety net. Author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power calls at the Asia Society the next 10, 15 years the most dangerous for China.
Howard French, author of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power explains at the Pulitzer Center how China is searching for power at an international stage, and how the global power might change its relationship with Hong Kong and Taiwan.
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.
Beida business professor Jeffrey Towson has released this week the 2017 edition of his three-year old bestseller The One Hour China Book (2017 Edition): Two Peking University Professors Explain All of China Business in Six Short Stories he wrote together with Jonathan Woetzel. On his weblog, he explains the reason for the new edition in a fast-changing China.
China annual political meetings passed without any great upheaval, but not all is well for president Xi Jinping, writes veteran journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao in the New York Review of Book. No legal reforms, no successor, and then there is the economy.
Financial authorities in Beijing are playing with the idea to give tech firms a faster-track IPO in China, says accounting professor Paul Gillis at his weblog. Taking away some of the cumbersome restrictions for IPO’s in China might lead to the expected ban of variable interest entity or VIE’s, a side-track allowing Chinese firms to list in the US, he suggests.