Hong Kong’s days as a financial market are not yet numbered, but in the long run, the city has tough problems, says celebrity investor Jim Rogers to RT. Rogers is Singapore-based, an island that hopes to benefit from the downturn of Hong Kong as a recession is looming.Read More →
Hong Kong might have lost much importance as a gateway to mainland China, for the financial markets Beijing still needs a stable Hong Kong, says financial analyst Victor Shih in NTD. The reason Chinese entities are borrowing through Hong Kong is that the financial institutions around the world, including the International Monetary Fund, legally treat Hong Kong as a separate entity, he said.Read More →
VC William Bao Bean explains at MOX in Taipei how his firm SOSV became the no.1 accelerator in Asia, globally investing in 150 startups every year in multiple verticals. Read More →
The US discount retailer Costco made a blast when it opened its first flagship store in China this week. Business analyst Sara Hsu see it as a way to keep costs down when tariffs go up during the ongoing trade war, she tells the Vancouver Star. Solid sales to Chinese consumers could keep costs in check for US consumers too. If they succeed in China.Read More →
Shanghai-based MOX (Mobile Only Accelerator) works from different places in the world, including Taipei. Taiwan offers an excellent launching platform for ventures who look for international expansion into the rest of Asia, says MOX managing director William Bao Bean, according to the News Lens.Read More →
One year into the trade war, China’s negotiators have not been convinced US President Donald Trump is having the upper hand, says economist Arthur Kroeber to the Washington Post.Read More →
The trade war damages both US and China’s economy, and global trade. Financial and political analyst Victor Shih, Ho Miu Lam Chair associate professor of political economy at UC San Diego and author of the forthcoming “Economic Shocks and Authoritarian Stability,” gives an overview of the damage in the Los Angeles Times.Read More →
China is not manipulating its currency, says trader Jim Roger. When your currency gets hit by massive tariffs it is basic economics your currency goes down, he says to RT. “No trade war is good for anybody. Everybody loses. ” Jim Rogers is a speaker at the China Speakers Bureau.Read More →
China has been saving much capital in US bonds and could use those resources to finance its debt and policies in the past. But what happens if China runs out of US dollars, asks political analyst Victor Shih in the New York Times.Read More →
New tariffs are not the main worry, as new shots are fired in the trade war between China and the US, says economist Arthur Kroeber according to Barron’s. Next is the upcoming disengagement between both economies and the question of what domains will be involved.Read More →
China is trying to find a way out of the irrational Trump policies, as the G20 convenes in Japan. Key is that China cannot afford to lose support from the international business community and the global economy, says economist Arthur Kroeber to the New York Times.Read More →
Reforms are key for China to perform in terms of economic growth and developing into a superpower, says financial analyst Sara Hsu to ABC. The Belt and Road Initiative offers great prospects for the future, but still has to prove it is working, she adds.Read More →