Blog Archives

Maintaining high growth just not an option – Victor Shih

The ´New Normal´ it is called, the lower (but still considerable) economic growth China is displaying. High growth is over, says political analyst Victor Shih in the Hellenic Shipping News. Maintaining high growth is just too expensive, he argues.

China´s melting foreign reserves – Victor Shih

China has been throwing much foreign reserve to maintain the value of its currency, the yuan. Financial analyst Victor Shih says in Bloomberg that while there is no acute problem, not all is well after hundreds of billions have evaporated.

China bond markets: tin ice for foreign investors – Victor Shih

While the central government is eager to get foreign investors into its bond markets, they should care very careful in doing to, says Victor Shih, assistant professor political science, UC San Diego and leading author on the relation between political and financial factions in China, in Bloomberg.

China´s economy bubbles into more problems – Victor Shih

Things look not well for China´s economy, say a range of economists to Bloomberg. They include political and financial analyst Victor Shih, who fear the lack of income might force China into even larger debts, as it wants the economy to keep on humming.

Bankruptcy: only way to reduce debt – Victor Shih

China is carrying a huge load of debts, and the only way out is to allow failing companies to go bankrupt, says financial analyst Victor Shih to Bloomberg. That fix should be part of the upcoming new 5-year plan, he says.

Future state enterprises key for new 5-year plan – Victor Shih

China´s leaders are getting material together to prepare their next 5-year plan, that will be finalized at the National People´s Congress in 2016. Political analyst Victor Shih tries to differentiate between the window dressing and the real issues at Bloomberg.

Trouble at China´s labor market – Victor Shih

Graduates have this year a hard time to find good jobs, even in a labor market that shows huge shortages in other parts. High quality jobs are hard to get in China, tells associate professor Victor Shih in the New York Times.

How Xi Jinping let financial regulators run out of control – Victor Shih

The central government wrongly used the upswing in stock markets as a proxy for real reforms, says associate professor Victor Shih in the Washington Post. Until those shares came down and created mayhem in China and globally. “”In dictatorships, when things are going well, nobody wants to end the party.”

Debts hamper local governments – Victor Shih

Debts are high on the agenda of the central and local governments, as local resources to pay debts of get capital for investments diminish, tells associate-professor Victor Shih in Bloomberg. The efforts of the central government to relieve local governments from debts might not help everybody.

Yuan: trying to become a global reserve currency – Victor Shih

One of the reasons for China to drop the value of its currency was to get into line with the IMF requirements to become a global reserve currency. Much of the country´s actions is about prestige, says associate professor Victor Shih at WFDD.