China is moving fast in developing self-driving cars, but also authorities move fast in paving the legal roads for those cars by developing Draft Guidelines, says Shanghai-based lawyer Mark Schaub in Lexology. The ambitious approach is in line with the technological improvements, the government is having on its agenda.
Category Archives: politics
After record-breaking Chinese investments in 2016, the Chinese government started to pull their financial reins, ahead of a major political decision making conference this Autumn. For investors reading political tea leaves has become as important as analyzing the stock markets, says business analyst Shaun Rein in the South China Morning Post.
President Xi Jinping has embarked into a prestigious outbound investment program, One Belt, One Road (OBOR) worth trillions of US dollars. While the West has received the plan reluctantly positive, there is still much more debate needed at what it means for all participants, RSM business professor Zhang Ying explains in the EUReporter.
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.
The deal between presidents Donald Trump and Xi Jinping on a mutual trade peace, reached a hundred days ago, might be over, and was not very realistic to start with, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the South China Morning Post.
President Xi Jinping’s position at the helm of his country seems pretty secure, says political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation to the Economist. Although, his support at the next layer in the Party seems pretty meagre, he adds.
China has diminished limits on foreign businesses with its new negative list for 11 free trade zones. That includes accounting, writes Beida accounting professor Paul Gillis at his weblog, although most foreign accounting firms had already workarounds for most legal limitations of the past, he adds.
China’s erstwhile “peaceful rise” has been less peaceful over the past years. Will China face a pushback from its neighbors, asks former foreign correspondent Mary Kay Magistad author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power in a wide ranging interview about his book in PRI.
US president Trump seems to have been on a warpath with China. Political analyst Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® expects no real action, but – like mostly – symbolic action against his Mar-a-Lago friend Xi Jinping, he tells in the Chicago Tribune.