China intend to cut income tax for 60 million people, and our economic analyst Arthur Kroeber finds himself – yet again – trying to explain to Western media, why this impressive looking move actually does not mean that much.
Category Archives: economy
China’s railway autorities might have symbolically reduced the speed of fast trains after the Wenzhou train crash, but – wonders author Bill Dodson in his weblog – why is it so hard to slow down society when things go into the wrong direction?
Bonds from 15 local government agencies worth US$ 2.5 billions to finance the Beijing Olympics are due, and financial and political analyst Victor Shih tells Bloomberg that is reason enough to keep a close eye on how China is going to pay back its debts.
Being a patriot in China has become much easier, now the government focuses on increasing domestic consumption, writes retail analyst Paul French in The Telegraph. “All they have to do now is shop, shut up and then go shop some more.”
Have American jobs been moving to China? In her ‘China What’ show Janet Carmosky shows that only a fraction of the US consumption is actually made in China. Most goes to services, and 80 percent of the rest, is made in the US. Here are the details.
Political and finance analyst professor Victor Shih discusses the changes of massive capital flight from China. The amount of 3 trillion US dollar could leave the country, he argues in this video.How much value has its officially formidable foreign exchange reserve?
Everybody is using Chinese products, but China’s brands are not doing well. Thriving brands need a good legal system, tells Paul French in NPR, and that legal protecting is lacking in China.