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.
Category Archives: Speaker News
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.
Wang Haiyan´s China India Institute is a research and advisory organization with a focus on creating winning global strategies, organizations and mindsets that leverage the transformational rise of emerging markets, foremost China and India. She has also been an Adjunct Professor of Strategy at INSEAD.