Category Archives: economy
The sudden loosing of the tight banking rules for lending came as a surprise, but economic analyst Arthur Kroeber sees no reason for panic about China’s economy. In the Guardian he gives a historical perspective.
Our second installment on the top-5 most-read stories for November 2011 show certainly the power of search engines in retrieving stories. Some of the recent stories by Wendell Minnick and Shaun Rein do pretty well, but we see also much interest in stories that are older.
China is not going to bail out Europe, tells business analyst Shaun Rein at CNBC, only Europe itself can save Europe. China has its own problems, although consumption is expected to rise for the wealthy, while the poor get hit hard by inflation.
Many media report China’s property industry is collapsing and heading for a rough landing. That is not what business analyst Bill Dodson sees on the ground. On his weblog he reports how construction actually went crazy over the past month.
Shaun Rein’s book The End of Cheap China: Economic and Cultural Trends that will Disrupt the World was earlier this week #23 at the Amazon bestseller list for economic books, while you can only pre-order it! A growning number of celebrities endorses the book.
Dropping inflation, a bumper harvest, falling food prices and other good financial news does not mean China’s financial institutions should leave their policies of tight lending, writes financial analyst Victor Shih in the Financial Times.
Cheap production is shifting to countries like Cambodja and Indonesia, as the Chinese government targets a firm rise of the country’s wages, to improve domestic consumption, notes business analyst Shaun Rein in CNBC, returning from a trip to Indonesia.
Europe is hoping to tap into China’s foreign reserves, but at the same time try to keep on talking tough on trade issues. Europe should get its act together before they turn to China, tells Shanghai-based business analyst Shaun Rein in CNBC. And China has become more purdent in bailing out other economies.
China is the most active country when it comes to economic espionage, according to a new report of the U.S. Office of the National Counterintelligence Executive (ONCIX), writes defense expert Wendell Minnick in Defense News. The report used input from “more than a dozen U.S. law enforcement and intelligence collection bodies, including the CIA, FBI, DIA and NSA.”