The trade war between the US and China has been heating up, but – says business analyst Shaun Rein and author of The War for China’s Wallet: Profiting from the New World Order – they are basically negotiation tools, not here to stay. Where Donald Trump is right, and where he is wrong, tells Rein in an interview at Marketplace.
Category Archives: Beijing
The big four accounting companies – KPMG, EY, PwC, and Deloitte – are back in China, writes Beida accounting professor Paul Gillis at his website ChinaAccountingBlog. The method of counting market share has changed, but Gillis sees around 20% growth, he says.
The Hong Kong IPO of China’s success story Xiaomi disappointed greatly. Beida accounting professor Paul Gillis explains at Quartz why the investors did not buy the company’s valuation. “I think it is hard for investors to buy the valuation.”
First shots have been fired on tariffs in the trade war between the US and China, but the impact has been limited up to now, tells economist Wang Haiyan to CGTN, as the affected numbers are still relatively small. Escalating the effects can be avoided, but to need a compromise by the end of the summer, she says.
Making sense out of US president Donald Trump’s economic policies has become impossible, even for the most seasoned observers, like Harry Broadman. For Forbes he tries to make sense out of the damage Trump has caused up to now, and the decades it will cost to repair that damage.
Journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao, interviewed the sociologist Guo Yuhua, a known critic of the government. One jewel in the interview on how she was able to open an account on WeChat, despite the governmental censorship, for the NY Review of Books.
The US administration, followed by retaliation from Beijing, is heading for a full-scale trade war. Financial analyst Sara Hsu explains why threatening China is only going to make the fallout worse, not better, as the White House seems to be clueless about how China will react.
Is China moving ahead or stalling in economic reforms? That question is often asked by Western observers of the country, and a profoundly wrong one, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® at the Asia Society. He blames his fellow economists for wishful thinking that is not helping to understand China.
More than once selling US bonds in the hands of China has been suggested as a powerful tool in the trade war with the US. But selling those treasuries does not make sense, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.