In China the financial authorities have come close to a ban of the Bitcoin, and the news in general has been negative. But China entrepreneur and Bitcoin enthusiast Marc van de Chijs explains on his weblog why the crypto-currency is likely to keep on shaking the financial markets.
Category Archives: Speaker News
Business between China and Israel is brisk, and that is partly caused by the fact that both economies supplement each other. Where China needs innovation, Israel needs a sizable market to sell its innovations, a market it does not have among its hostile neighbors. Shanghai-based lawyer Mark Schaub just returned from his latest trip to Israel and made this overview.
China´s aspirations to go West is one of the larger stories of 2014 and the author Joel Backaler is getting ready for the launch of his book China Goes West: Everything You Need to Know About Chinese Companies Going Global Mid May. A trailer and a link for pre-ordering the book at Amazon are ready.
Unlike previous actions when the central government would splash almost unlimited financial resources to boost the economy, now the announced mini-stimulus show a much more controlled way to push the economy in the right direction, tells business analyst Ben Cavender in the TradingFloor.
A first US$ 600 million default of a real estate company might be the beginning of more, tells business analyst Ben Cavender at Tradingfloor.com. Slower growth might trigger off more default in real estate, and the government will try to control the process, not bail everybody out.
Announced reforms in China might have a profound impact on the property markets. Financial liberalization might cause a downturn, but land and hukou reform might have a positive influence. WSJ wealth editor Wei Gu discusses with Oliver Barron of NSBO China Research the likely impact.
Golf operator Mission Hills is opening a large public golf course at Haikou at Hainan island, to tap into China´s huge domestic tourism industry. WSJ wealth editor Wei Gu talks to Ken Chu, CEO of the Mission Hills Group on how to involve more than the current 5 million Chinese golf players in this sector.
Premier Li Keqiang announced a 7.5% growth target for the GDP. Not a good idea, since it might be hard to achieve, tells business analyst Shaun Rein at BloombergTV. The economy is very weak, consumer confidence is low, and pushing infrastructure might cause more pollution.