President Xi Jinping´s speech at the World Economic Forum in Davos has been greeted with enthusiasm by global corporate leaders, confronted with opposite movements from Donald Trump and the Brexit. But political analyst Victor Shih warns it does not mean China is heartily embracing economic liberalism, he tells the LA Times.
Category Archives: economy
Jeffrey Towson, Peking University professor and eminent expert on China´s business development, will be based in Brazil in April and May of 2017. Most of his time he will spend in Rio de Janeiro. After that he will return to Asia.
China´s macro economy regularly triggers off predictions of doom and gloom, but at micro level, there is still an amazing opportunity for growth, says Peking University business professor Jeffrey Towson to the Financial Times. “You can keep watching more and more movies and taking more and more vacations.”
Social mobility between the generations in China has stalled, argues author Zhang Lijia, even more than elsewhere. While she moved herself from factory worker to a social commentator, and recently wrote Lotus: A Novel on prostitution in China, most Chinese are currently stuck socially where they were born.
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.
LinkedIn published an annual ranking of top voices, placing professor Jeffrey Towson, one of our speaker, in its top-10 for economy and finance. “They’ve weighed in on the biggest financial stories of the year, memorably tackling topics as diverse as the future of China’s economy to the need for change at major banks.
Chinese has followed the lead by their former leader Deng Xiaoping to “become rich first”. But while hundreds of millions have indeed become more wealthy, social mobility has stalled, writes journalist Zhang Lijia, author of the forthcoming book on prostitution in China Lotus: A Novel in the New York Times.
A fast shrinking labor force, who mostly get a college degree, creates a dramatic shortage of skill labor workers, China used to have plentiful in the past, says Zhang Juwei, director of the Institute of Population and Labor Economics of the Chinese Academy of Social Sciences to Caixin.
While much of the upcoming economic policies of president-elect Donald Trump are still clouded, many expect a golden opportunity for China in the Asia Pacific. But we should not be surprised when China is not that much interested, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.
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.