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.
Category Archives: Brazil
Most observers of the recent trade actions by the US have been left behind flabbergasted, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® to CNN. While the rhetoric is firmly anti-Chinese, most damage is done to other countries than China. Although that could change, he adds.
Chinese insurance and investment conglomerate Fosun International snapped up Brazilian asset manager Guide Investimentos for US$52 million on Tuesday, reversing a trend of disinvestment after the central government came after conglomerates with excessive outbound investments. Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, explains in the South China Morning Post why Brazil is such a popular destination.
Competition in China is bloody and fierce, but as the Chinese internet companies go global, also China’s internet wars go global, says William Bao Bean, partner at SOSV to FTChinese. Didi taking on Brazil’s 99, its home-grown taxi-hailing app, it a telling sign.
Jeffrey Towson, Peking University professor and eminent expert on China´s business development, will be based in Brazil in April and May of 2017. Most of his time he will spend in Rio de Janeiro. After that he will return to Asia.
The doping scandal in Russia got intensive coverage before the start of the Olympic Games in Rio, but other countries, including China, have their doping issues too. Journalist Ian Johnson dives into some scandals, including China´s position, for the New York Review of Books.
China can avoid the economic traps Japan and Brazil fell into, but only when it is going to take the liberalization of its financial markets serious, writes economist Arthur Kroeber for the Nikkei Magazine. But “on the core issues of debt control and pruning the state sector there is little evidence of progress.”
Author Howard French, of China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa explains in Foreign Policy what President Obama did not mention in his Nairobi speech. Obama did not really get the fast development of Africa, and has ignored the continent.
China´s increased economic power, through BRICS´ alliances and the “One Belt, One Road” initiative, have been looked upon with anxiety by especially American analyst. We should not look at those steps as an evil movement, argues financial analyst Sara Hsu in the Diplomat.