China bear Victor Shih explains Medill Reports from Chicago why China’s growing debts are getting out of hand, despite efforts by the financial authorities to act on the growing concerns. It’s a wash, he claims.
Category Archives: economy
The Chinese government should be revaluate its currency on one time to stop the price rises in the country, Shaun Rein explains in CNCB. In the past he argued against a too fast increase of the value of the renminbi, since that would hurt the export and the manufacturers. Now, to prevent social unrest, stiff action would be needed to stem inflation.
The current shortfall in electricity in China is already starting to hurt production, writes Bill Dodson in his weblog. As the summer nears, problems will increase. An its basically a government policy cause the problem
US businesses working in China are reluctant to criticizes Chinese government departments, like they would do in the US, and for good reason tells professor Victor Shih in The International Business Times. The chance of getting into trouble is always present.
Even premier Wen Jiabao calls China’s economy unstable, unbalanced, uncoordinated and ultimately unsustainable, writes Reuters. But despite those misgivings, economic growth will steam ahead, adds economic analyst Arthur Kroeber.
The sociologist and tech writer Tricia Wang has joined the China Speakers Bureau. Tricia Wang focuses on the usage of internet and mobile communication in cities and is current doing research in Wuhan among migrant community. Tricia Wang combines strong analytical academic skills with an equally convincing on-the-ground experience in different cities in China.
Celebrity author Helen Wang taps into the excitement of Western companies to enter the China market. The paper JingDaily asks her wide ranging questions on her book on China’s middle class, The Chinese Dream. Focus on health care and education, she advises foreign companies.