Amid the reshuffle of China’s top-officials, He Lifeng will take the helm at the powerful National Development and Reform Commission. But some senior analysts doubted his skills as a planner. Just look at his work in Tianjin, says political analist Victor Shih in AP.
The efforts by China´s financial authorities to reduce the outflow of capital has already reduced many investment plans by the China. But financial analyst Victor Shih sees a few more holes in the country´s policies that might be stopped soon too: education and tourism, he tells Sourceable.
The still unresolved disappearance of billionaire Xiao Jianhua from Hong Kong has sent shivers among the financial elite. Right-fully so, says political analyst Victor Shih to Today. China´s central government wants to show who is in charge.
Fast declining foreign reserves have pushed China´s financial authorities into severely restricting the outflow of capital. Outbound investment, like the Vancouver real estate industry, might be under pressure, says financial analyst Victor Shih in the Vancouver Sun.
Some concern emerged in Canada when an investment company Leadon Investment Inc had invested US$1 billion in local hotels. Getting to know who is behind those investment vehicles with a China background might be very hard to discover, says financial analyst Victor Shih to the Vancouver Sun.
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.
President Xi Jinping will visit the World Economic Forum next week in Davos as the first Chinese head of state. It is part of China´s push for international recognition, but political and financial analyst Victor Shih sees at this stage little room for progress, he tells at the Economic Times.
After the election of Donald Trump as US president and the possible derailment of Sino-US relations, other countries, like Canada, see opportunities in making trade deals. But striking a balance in trade relations is never straight forward, warns political analyst Victor Shih in the Globe&Mail.
A strengthening US dollar since the election of US president-elect Donald Trump might increase the outflow pressure of the Renminbi, and China might first try more stricter measures to increase capital control, says financial specialist Victor Shih to Bloomberg. But if that fails, financial authorities might consider a more uncontrolled floating currency to get the market into balance.
Politics under president Xi Jinping has certainly become more exciting than under his predecessors, says political scientist Victor Shih in the Policy Forum. But Xi´s push for his China dream getting realistic approaches to achieve that goal have become, and might curtail his ambitions.