Category Archives: finance

Stabilizing risks: key for financial reforms – Sara Hsu

President Xi Jinping has promised more financial reforms, but financial analyst Sara Hsu says managing risk is key, over the need for reform. Fintech, debts and due diligence are some themes in the next five years of China’s financial development, she adds at the state broadcaster CGTN.

Why China is a Ponzi scheme – Victor Shih

Calculating China’s debt has been a major political game, and political analyst Victor Shih claims the country’s debt “around 328% of GDP in May”, writes Livemint. The central bank overcalculated banking assets, he says.

How Alipay, WeChat became top-brands in China – Tom Doctoroff

Alipay, WeChat and Android are top brands, the Chinese consumer could not live without, says a recent report. Looking at brands works in China pretty different from the rest of the world, says branding expert Tom Doctoroff in the South China Morning Post. “There is no way in America that you are going to have PayPal [the western equivalent of Alipay] to rank No. 1,” Doctoroff says.

China: not heading for a financial crisis – Arthur Kroeber

Debt levels and slower GDP growth are China not pushing into a financial crisis, as some experts want us to believe, says renowned economist Arthur Kroeber in the South China Morning Post. ““There is a double standard at work here, where people have invented the concept of productivity of credit to say bad stuff about China.”

It’s the economy, stupid – Arthur Kroeber

Journalists and political analysts look at the political bubbles emerging from the ongoing meeting of the Communist party in Beijing, it makes more sense to look at the underlying economic currents, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. At NPR he looks back at some difficult years.

One Belt, One Road: too big to succeed? – Sara Hsu

China’s close to one trillion US dollar investment program One Belt, One Road (OBOR) is facing serious pitfalls that could stop it from succeeding, writes financial analyst Sara Hsu in the Huffington Post. Insufficient due diligence is just one of a range of potential barriers, she writes.

Moving to a cash- and cardless society – Andy Mok

China has all but abolished cash and bank cards, and the rest of the world might be following fast. CBS talks to economist Andy Mok. China had no good working banking system, and moved fast to mobile payment, but the rest of the world might follow soon.

Conservative resistance against liberalization of the yuan – Victor Shih

Retiring central banker Zhou Xiaochuan called this week for the liberalization of China’s currency, the Yuan. But conservative forces might find this step from the People’s Bank of China (PBOC) a step too far, says financial expert Victor Shih to Bloomberg.

Are Alibaba and Tencent becoming too powerful? – Matthew Brennan

Both Tencent and Alibaba have become power players, even eclipsing the formerly leading economic state-owned companies, says innovation-specialist Matthew Brennan in ATimes. So maybe they [think they] need to clip their wings a little,” adds Mr Brennan.

IT-investments: moving from solving basic problems to AI – William Bao Bean

A major shift is taking place in financial IT investments, tells William Bao Bean, managing director of the Chinaccelerator at CNBC. In the past 15 years VC’s helped to solve basic problems, he says. That’s done and we move now to AI.