Category Archives: Speaker News

Big Four China trouble needs diplomatic steps – Paul Gillis

The ongoing dispute where the China units of the Big Four accounting firms are banned from auditing US-listed companies, might drag into next year, fears accounting expert Paul Gillis, missing the fillings for April 2015. He pleads for a negotiated solution, but is not hopeful China and the US can work out a deal.

The end of copycat China – Shaun Rein

Bestseller author Shaun Rein is publishing a new book, The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. and focuses on watershed developments in China´s development. His earlier book The End of Cheap China was his first bestseller. The book will be available in November

China might ban Hong Kong audits – Paul Gillis

Many of the audits, even of State-Owned companies, are signed off by the Hong Kong offices of the larger accounting firms. China might now ban this practice, where mainland auditing teams would anyway do most of the work, writes accounting expert Paul Gillis at his weblog.

Real estate problems are limited in size – Mario Cavolo

Most media are hyping up the problems in China´s real estate, argues author Mario Cavolo on his website. Fortunately, he finds support in articles in the Wall Street Journal by Nicole Wong and in research of CLSA.

China meets growing skepticism in Africa – Howard French

A decade of Chinese investments in Africa is triggering off a larger degree of skepticism, writes author Howard French in the New York Times. Earlier this month he published his latest book China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa.

How contraband is changing North Korea – Paul French

Paul French, author of North Korea: State of Paranoia: A Modern History explains in the Deutsche Welle, North Korea is slowly changing, against the will of its ruling elite. Its citizens know more than ever what is happening in China and South Korea.

Why China is not going to crash – Mario Cavolo

The story of China collapsing has moved into a new edition now growth and especially real estate is no longer growing double-digit. Wrong, says author Mario Cavolo, whose book China: The Big Lie? the Truth of Trillions in a Culture of Cash was just published for North America by Sino Media International’s Long River Press.

What Chinese are coming to Africa? – Howard French

Author Howard French focuses in this latest book China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa on individual Chinese entering Africa. In OZY he explains why: Its not the billionaires, but the relative poor coming to Africa.

Regulating wealth management products – Sara Hsu

China is about to start regulating its financial jungle of wealth management products, one of the causes of its giant shadow banking system. Time to protect the consumers against those risky products, writes financial analyst Sara Hsu in the Diplomat. An overview of the regulations

Xiaomi picks fight with Apple, Samsung – Ben Cavender

China´s smartphone maker Xiaomi has launched its first tablet and business analyst Ben Cavender sees the company doing well in the 15-35 year bracket of consumers who never used a PC. Apple and Samsung should start to worry, he explains in Bloomberg TV.