More inflation of wages, food and commodities can be expected, tells business analyst Shaun Rein at CNBC, illustrating the case he makes in his upcoming book The End of Cheap China: Economic and Cultural Trends that will Disrupt the World. Shaun Rein, our China bull, in a bearish mood.
Category Archives: economy
Foreigners in China are lacking a collective memory and do not learn from their mistakes, says author Paul French in the Australian Newspaper The West, not only looking at his own 20-year experience, but going back to the beginning of last century.
The story China’s economy is a bubble that is about to burst, exists as long as the country’s economy started to boom. Economic analyst Arthur Kroeber explains in NPR why we do not need to worry right now and why signs of bubbles are part of the game.
The debate between economists on how China should deal with its economy is running high. CEIBS professor Wang Jianmao warns in the US edition of the China Daily curtailing inflation should be high on the agenda, not loosening the financial strings on banks
China’s economy shows a slight slowdown, and some economists predict it is the beginning of the end of China’s growth story. Not true, says economic analyst Arthur Kroeber in the New York Times. Despite a dreadful European economy, China is doing ok.
Two years ago business analyst Shaun Rein set famous short seller Jim Chanos straight when he said China’s real estate was worse than a thousand times worse than Dubai. Now Chanos has scaled down his prediction to ‘a bumpy road’, and this time Shaun Rein agrees, he writes in CNBC.
In a surprise move China’s financial authorities decided last week to abandon their tight money lending policy and losend the reigns for its banks again. Wrong policy, says business analyst Shaun Rein in CNBC, who has been praising the government handling of inflation and overspending in the past.