Category Archives: banks

Digital money, not the crypto currencies will galore – Jim Rogers

While renowned investor Jim Rogers is a firm believer in the blockchain technology and is sure that China leads the way in digitizing money, he believes that governments will stick to their own currencies, rather than crypto ones, he says on his weblog.

How China manages its growing bad loans – Sara Hsu

China’s bad loans are increasing, but the country’s financial authorities have been trying to crack down on this source of financial stability. How are those efforts faring now China is suffering from a relative drop in economic growth. Financial analyst Sara Hsu discusses the dilemma’s the authorities are facing especially now the trade war is ongoing.

Fintech experts at the China Speakers Bureau (updated)

From a cash country, where transactions were done by moving plastic bags with money between bank branches, China has turned into a leading force in fintech or financiel technology. Mobile payment are standard. Bitcoins and blockchain technology found in China early adopters. Social media have – more than anywhere in the world – adopted payment systems to facilitate online trade.

What to expect in China’s fintech industry? – Sara Hsu

Financial authorities have been cracking down on protest caused by financial scandals, especially in P2P lending. Financial analyst  Sara Hsu looks at her weblog at the expectations for China’s fintech industry in the near future during a slowing economy.

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…