Category Archives: economy
Despite severe doubts about the trustworthiness of China’s growth figures, they still have a major impacts on stock markets. Economist Heleen Mees dived into the dilemma and explains in Project Syndicate why we should take them serious anyway.
A severe drop in the usage of electricity has been used to point at a drop in economic growth. But business analyst Shaun Rein, and author of “The End of Cheap China” explains to the BBC why electricity is no longer a good measurement, and China’s growth is still well at track.
“China’s boom caused the financial crisis and ensuing economic recession.” That is the central theme of the PhD economist, lawyer and publicist Heleen Mees hopes to receive in August. The China Speakers Bureau is happy to welcome Heleen Mees as their latest speaker.
China’s consumers continue to spend, despite a small dip in growth, also for decorating their homes, argues business analyst Shaun Rein, and goes against JWT executive Tom Doctoroff, who says Chinese consumers go for cheaper products. Shaun Rein dismantles three consumers myths in Business Week.
China is using most energy in the world, not only because of its booming economy, but also because of its low energy efficiency, writes energy specialist Bill Dodson in the China Economic Review. The good news: China’s officials know they have a problem to fix, and look for ways to do so.
The China Daily reviews Tom Doctoroff’s latest book “What Chinese Want: Culture, Communism and China’s Modern Consumer” and what is really takes to sell to the Chinese consumers. “The Chinese world view, not to mention its brandscape, differs profoundly from other markets,” he writes.
“Mercifully, The End Of Cheap China is not another academic tome about the most miraculous economic transformation of our times,” writes Andy Mukherjee in a review in the Strait Times about Shaun Rein’s The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World.
China needs to shift its economy from state investments to domestic consumption to survive. But can China withdraw that kind of power from state institutions, wonders political and financial analyst Victor Shih in the Financial Times.
Cheap labor has made the country into a source of deflation for global consumers, but as Chinese wages go up, consumers in Wall-Mart and elsewhere better prepare for higher prices, tells the author of The End of Cheap China Shaun Rein an in interview with the BBC radio.