Category Archives: Beijing
The appointment of Liu He as president Xi Jinping’s economic top man has started speculations on his political direction, including a restart of reforms. We should not expect Liu to divert too much from the state-driven economic agenda Xi has already set out in the past few years, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to the New York Times.
China is leading the market of self-driving cars, because its size and the aggressive way the government is paving the road, literally, says Shanghai-based lawyer Mark Schaub to the China Law Insight. But investing in China offers not only huge opportunities, the challenges are equally gargantuan.
China’s presidency – now no longer a two-term function – is highly ceremonial, but still matters, writes journalist Ian Johnson, author of The Souls of China: The Return of Religion After Mao at the NY Review of Books. Xi Jinping was already lifetime leader of the Communist Party and of the Central Military Committee.
We have seen this before, says financial analyst Victor Shih about the efforts by the financial authorities in China to reduce debts. In 2014 they tried the same, and in 2015, 2016 the PBOC, China’s central bank, started to print money again. When economic growth comes under a certain level, that will happen again, he tells Bloomberg.
China’s government seems eager to control debts, even when it means a mitigation of economic growth. But the financial stimulus will remain a trusted tool in the country’s financial toolbox, in case growth drops too far, says financial analyst Victor Shih at the Deutsche Welle
China might have announced drastic reform of its government, state-owned companies are still lagging behind in reforms, argues financial analyst Sara Hsu. Because their access to state funding is unlimited, they keep on creating new debts and have little incentive to improve efficiency, says Sara Hsu at CGTN.
The world was once again flabbergasted by the US trade measures since it did hurt designated trade enemy China less than potential US allies again China, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. Behind those measures are efforts to design a whole new playbook, to change global economy, he tells both Livemint and Bloomberg.
Female students have been accusing their teachers and supervisors of sexual harassment at Chinese colleges and universities. Author Zhang Lijia of Lotus: A Novel on prostitution in China, tells NewsChina she is not really amazed.
The disruption caused by trade tensions is not going to give the US more market share for American companies, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to Bloomberg. And that is not what the US wants: “The USTR is not trying to bargain with Beijing: it is trying to force a deep change in behavior.”