China´s lawmakers are preparing for their annual sessions of the advisory CPPCC and the National People´s Congress. Among them a large amount of influential business people. Political analyst Victor Shih explains the interaction between business and politics in China in the New York Times.
Many expected a more violent end to the protests in Hong Kong, but not financial expert Victor Shih, he tells in the Institutional Investor. He was not surprised by the cautious approach Beijing displayed in Hong Kong.
Scholar Victor Shih is interviewed by the China Daily, on how he analyzed the links between different factions in China´s politics. A dive into China´s capital markets since 2009, achieved Victor Shih high praise as one of the first to document China´s serious debts.
China has a long tradition of manipulating its financial data to meet its political needs. That ability is still prominently present, also today, says political scientist Victor Shih in the Global and Mail. China´s economy is much weaker than official figures suggest.
Speculations have been mounting the current governor or China´s central bank PBOC, Zhou Xiaochuan, is up for retirement soon. Bloomberg asked financial experts who they expect might be the next central banker. Financial expert Victor Shih explains why he puts his cards on Yi Gang.
China has announced it will cut salaries of key managers at its state-owned banks. A bad idea, tells political scienist and financial analyst Victor Shih in Businessweek. An exodus of bankers would cause “a big mess”.
The formal arrest and expected trial of Zhou Yongkang means a change in how China is dealing with its ruling elite, tells political scientist Victor Shih in the International Business Times. “No leader is safe from corruption investigation… We see now the rule by law.”