Category Archives: government

Beijing: the center of spirituality – Ian Johnson

Beijing is regaining its position of China’s spiritual universe, writes author Ian Johnson of The Souls of China: The Return of Religion After Mao in the New York Times. While much of its past has been destroyed, the city where Johnson lives is now regaining its position of China’s spiritual capital. A struggle between commerce, communist and traditional values.

Getting approval to buy MoneyGram might be tough – Jeffrey Towson

The surprise announcement Alibaba’s Ant Financial is trying to buy MoneyGram International is not a done deal, warns Beida business professor Jeffrey Towson. Chinese companies buying American ones are under scrutiny and in the financial industry it would be a first one, he tells the VOA.

Illegal churches: large, and condoned by the government – Ian Johnson

Not registered gatherings of religious believers have been a major force in the growing search for religion in China, but – says author Ian Johnson of The Souls of China: The Return of Religion After Mao in the Atlantic – they have largely been condoned by the government, and Johnson does not believe that might change.

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.

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.

Boycott: standard treatment for opponents – Shaun Rein

South-Korea was the latest country to suffer from economic boycott measures from China after it deployed THAAD missiles on its soil. Tourism backed out and Korean factories suffered surprise inspections. A standard procedure, says business analyst Shaun Rein to CBS. Norway, France, Japan, Taiwan and other suffered from similar boycotts.

The complex face of religion in China – Ian Johnson

The Guardian praises Ian Johnson’s book The Souls of China: The Return of Religion After Mao and his well-documented tour along Taoist musicians, rebel Christians and celebrity Zen Buddhists, and where the CCP is still firmly in charge.

A new approach for shadow banking? – Sara Hsu

The appointment of Guo Shuqing as chairman of the China Banking Regulatory Commission (CBRC) raises expectation of a new approach of the shadow banking sector, says financial expert Sara Hsu in the East Asia Forum.

China’s return to soul-searching – Ian Johnson

China’s emerging religious experiences have often been misunderstood by the West, says author Ian Johnson of The Souls of China: The Return of Religion After Mao in an interview with the New York Times. “I think the government is happy to see these things grow—almost as a form of stability.”

Saudi’s search for China investments tough – Jeffrey Towson

Saudi Arabia’s King Salman bin Abdulaziz Al Saud met with Chinese President Xi Jinping seeking investments to move his country away from its oil addiction. But that might be in vain, says Beida business professor Jeffrey Towson, and former employee of Prince Alwaleed in the Kingdom of Saudi Arabia(KSA), on his weblog. He lists three reasons, and this is one.