Category Archives: banks

Devaluation yuan pondered amid trade war exchanges – Victor Shih

China’s financial institutions ponder on the pros and cons of a currency devaluation as the effects of the trade war with the US start to kick in. While devaluation is on the agenda, it would be a tricky road, says financial analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, at CapitalWatch.

Renminbi: not yet close to US dollar as world currency – Wang Haiyan

China’s Renminbi is not coming close to the US dollar as the world’s reserve currency, says business analyst Wang Haiyan to Money Talks. Even though more trade is done in the Chinese currency, the US dollar is still dominant. China cannot expect export to save its economy but relies on domestic consumption. But that transition is not going overnight, Wang adds.

Currency devaluation: a tricky way to fight the trade war – Victor Shih

Devaluating the Chinese Yuan can be an attractive, but also dangerous way for China to deal with the effect of the ongoing trade war, says financial and political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation to Reuters. ” It is likely that corruption is returning, which will undermine Chinese capital control measures.”

China’s banking system: walking on a tightrope – Sara Hsu

China’s financial authorities try to manage shadow banking, corporate leveraging and now also a heated trade war. Financial analyst Sara Hsu explains how the country’s banks are walking a scary tightrope, at the EastAsiaForum.

One Belt, One Road: a debt trap? – Andy Mok

Western media have been portraying China’s massive investment program One Belt, One Road (OBOR) or Belt Road Initiative (BRI) as a colonial trick to put developing countries into debt, and then seize their assets. Business analyst Andy Mok sees debt problems as a normal business risk in highly complicated investments on infrastructure, he tells at the state-owned CGTN.

How the central bank dresses up its figures – Victor Shih

China’s central bank PBOC is dressing up its figures. Financial analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, has for Bloomberg a look at…

Why Alipay has a hard time cracking Hong Kong – Shaun Rein

Alibaba has been successful in cracking China’s financial markets, but going global, even to Hong Kong proves to be tough. The difference: innovating in China proved to be long overdue, while Hong Kong had already a well developed financial system, says financial analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, to the South China Morning Post.

An emerging China tech IPO bubble? – Paul Gillis

China tech companies feel the pressure from their investors to join the emerging IPO wave, and that might not be a good development, says Paul Gillis, Beida accounting professor, at Nextunicorn.ventures.

Why China will not sell off its US treasuries – Arthur Kroeber

More than once selling US bonds in the hands of China has been suggested as a powerful tool in the trade war with the US. But selling those treasuries does not make sense, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the South China Morning Post.

The US-China trade war: not yet over

Only last month the China Speakers Bureau started to make a cluster of its experts on the US-China trade war, although many did not realize that war had already been started. It did trigger off some requests from our clients.