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.
Category Archives: economy
The argument of the Trump administration is simple: if you want to avoid tariffs, leave China and come back to the US. That is too simple, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, at the Asia Times.
Media are looking for winners and losers in the trade war between China and the US, and while damage can be inflicted in the short run, China is going to outlast an economic war with the US, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to Money Week.
China has promised to open up its markets for foreign players, but most car makers keep up lining up for domestic partners. For good reasons, says London-based lawyer Mark Schaub, since domestic partners still have huge advantages, he tells in Bloomberg.
Emerging markets have turned around the traditional view on the product lifecycle, as multinational knew them, argues Harry Broadman in his speech on innovation and entrepreneurship. No longer is the US the birth ground of new ideas, who then spread to emerging economy, but innovation from emerging countries conquer the world in its own right.
If the current plans for impose 25% US tariffs on Chinese import are really executed, they will cause damage to China’s economy, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, says at CNBC. But it is unlikely the trade war will derail the long-term reform plans, he adds.
The developing trade war between China and the US focuses on tariffs for commodities, while China could hurt the US really nasty by deploying its consumer power by boycotting products, tourism and US-related education. Political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, explains in Bloomberg why China has not done so.
Figuring out who might be hurt by the trade war between China and the US is still be tough, but tech companies like Alibaba and Tencent see their US ties as a liability, says financial expert Sara Hsu to Cheddar. “The trade spat between Washington and Beijing has not only quelled investors’ appetites, it has also discouraged Chinese tech giants from expanding internationally.”
The trade war between the US and China has been heating up, but – says business analyst Shaun Rein and author of The War for China’s Wallet: Profiting from the New World Order – they are basically negotiation tools, not here to stay. Where Donald Trump is right, and where he is wrong, tells Rein in an interview at Marketplace.
Eyes were on Sofia, Bulgaria, last week, as China’s prime minister Li Keqiang tries to improve relations with Eastern Europe. Economist Sara Hsu puts Li’s efforts into perspective as both trade and investments between China and Eastern Europe have been stagnant, compared to other countries in the One-Belt, One-Road initiative, she tells at CGTN. Also: the contagious relations with the EU.