Category Archives: Hong Kong

The abyss between Hong Kong and mainland people – Zhang Lijia

Western media too easily assume the protests in Hong Kong are supported by many mainland Chinese. Wrong, says author Zhang Lijia. There is a wide dived between mainland Chinese and Hongkongnese, and that is not only because of the media censorship in the mainland, she adds at the South China Morning Post.

Hong Kong loses its clout as a financial market – Jim Rogers

Hong Kong’s days as a financial market are not yet numbered, but in the long run, the city has tough problems, says celebrity investor Jim Rogers to RT. Rogers is Singapore-based, an island that hopes to benefit from the downturn of Hong Kong as a recession is looming.

Why China cannot miss Hong Kong – Victor Shih

Hong Kong might have lost much importance as a gateway to mainland China, for the financial markets Beijing still needs a stable Hong Kong, says financial analyst Victor Shih in NTD. The reason Chinese entities are borrowing through Hong Kong is that the financial institutions around the world, including the International Monetary Fund, legally treat Hong Kong as a separate entity, he said.

Foreign brands have to become more political savvy in dealing with China – Shaun Rein

Foreign brands got into hot water when describing Hong Kong, Macau and Taiwan as independent countries. Business analyst Shaun Rein explains at the BBC it is not only the government fanning the flames but increasingly nationalistic consumers who boycott foreign brands stepping on political toes.

The Belt and Road initiative: all roads lead to China (updated)

One of the major global initiatives by China was the massive Belt and Road Initiative, reviving the old silk roads. In May 2017 a major international conference showed what our experts were already expecting: now all roads lead to China. Even countries who suffered from difficult relations with China, including both Koreas, appeared in Beijing.Larger than the former Marshall Plan after the Second World War, OBOR is going to redefine global trade.

US stock markets get hostile for China firms – Paul Gillis

The tech giant Alibaba listing on the Hong Kong stock market is already a sign things are changing for the US markets, and the ongoing trade war will stop many Chinese firms to list in the US, as they did in the past, especially when a bill by US Senator Marco Rubio is adopted or not, says Beida accounting professor Paul Gillis in Forbes.

Are Chinese companies kicked out of the US stock markets? – Paul Gillis

US Senator Marco Rubio is drafting a law, the Equity Act, to kick out Chinese companies from US stock markets, unless they comply with the oversight by the Public Company Oversight Board (PCOB) of their information. Beida accounting professor Paul Gillis believes this act might be passed, and although it is not the hottest issue in the ongoing trade war between China and the US, companies will have three years to move, for example to Hong Kong, he writes in the Chinaaccountingblog.

Next in the trade war: the financial markets – Andy Mok

Wall Street is going to be the next casualty in the trade war after it moved from tariffs to tech, says Beijing-based analyst Andy MokĀ in the New York Times. Corporate…

US accounting regulators join trade war – Paul Gillis

Two financial regulators in the US, the SEC and the PCAOB, have joined the trade war of their country and combined it with their struggle for better accounting practices in China, writes Beida accounting professor Paul Gillis at his weblog. While the complaints are not new or surprising, he wonders about the timing, Gillis adds.

China: a hub for money laundering – Sara Hsu

China is becoming a center point for money laundering activities from Latin America, writes the military magazine Dialogo. Financial expert Sara Hsu explains how those links could work out.