China is bringing more of its private companies to heel, both domestically and their international investments. Peking University accounting professor Paul Gillis sees it as an effort by president Xi Jinping to consolidate its power, he tells the VOA.
Category Archives: globalization
What is China up to is a question that is more often asked than answered. Journalist Howard French’s book Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power certainly has not the most benign take on the country’s ambitions. Fellow author Ian Johnson reviews the book for Chinafile.
Unlike the remembrance of the former colonial forces in Africa, China’s current geopolitical adventures into the continent “Africans’ view of China “is still positive, but not as exuberant as it was”. says Howard French, author of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa to Today Online.
Xi Jinping’s One Belt, One Road initiative has raised many voices, inside China rather positive, outside China often sceptical. Financial analyst Sara Hsu looks at some details of the multiple trillions US dollar project and feels getting it right might be tough, whatever side you are on as financial checks and balances are lacking, she writes in the Huffington Post.
Western analysts often miss the point, when they look at the way China conducts business, says China watcher Andrew Batson at his weblog, and he points at an interesting aside in Ian Johnson’s book The Souls of China: The Return of Religion After Mao , when he writes about soft openings in China. Case in point: comments on China’s One-Belt, One-Road initiative. Batson: ” It’s already clear it’s the China book of the year.”
Since last year car-hailing giant Didi Chuxing has been raising over US$15 billion, even after it won the costly competitive struggle with Uber. Beida business professor Jeffrey Towson sees at his weblog four reasons why Didi continues to raise so much capital. Here are two of them.
Renowned speaker Jason Ma will join two sessions of the 9th World Chinese Economic Summit on 13 and 14 November at the Shangri-La in Hong Kong. He will discuss entrepreneurship and the global Chinese diaspora. The meeting will focus on “Managing Global Uncertainty: Exploring New Opportunities”, and will host a range of famous participants, including politicians and business leaders.
Western analysts have been criticizing China’s One Belt, One Road initiative with loads of negative comments. Time to take a more positive approach, says China veteran and rock star Kaiser Kuo, after discussing the issue with many former US leaders, at SupChina.
Gaining soft power is not an exclusive issue for China’s government. Jacky Chan and Wanda might be equally important for how the world sees China, says branding expert Ben Cavender to the South China Morning Post.
One of the major global initiatives by China was the One-Belt, One-Road (OBOR),reviving the old silk roads. And while it is an open platform, major trade partners of China are currently not part of the initiative, including Australia, the UK and the US. Major disputes, like the Ausgrid, Brexit and Hickley cases, might only add to the worries countries should have when looking at their relation with China, without being part of OBOR.