Sexual child abuse, especially those left behind by their migrant parents, needs more attention, writes author Zhang Lijia, who wrote a bestseller on prostitution in China in the South China Morning. She applauds actions taken by the Supreme People’s Court of China but sees it only as a start.
Category Archives: government
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.
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….
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.
Transparency is not a natural thing for China, not domestically nor internationally. But African states can ask China for more transparency, argues journalist Howard French, author China’s Second Continent: How a Million Migrants are Building a New Empire in Africa, to Inkstone.
The Chinese government has tried to promote local CPA’s on the expense of the Big Four, but – says Beida accounting professor Paul Gillis – the 2018 top-10 CPA ranking shows the Big Four are back winning market shares, with PwC, Deloitte and E&Y in the top three, he writes at his Chinaaccountingblog.
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.
China forced global cosmetics brands to use animal tests before entering the market, but is now moving to fall in line with cruelty-free cosmetic tests, writes lawyer Mark Schaub at the China Law Insight. “For international cosmetic companies, this may make the Chinese market more attractive for cruelty-free brands. However, issues will still exist but the direction at least should be applauded,” he says.
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.
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.