Category Archives: government

The political risks of China’s debts – Victor Shih

Social instability and a touchy change of power in 2012 are just two of a set of stinging problems China’s sky-high debts is causing the country, political analyst Victor Shih tells the Global Post in an extensive interview on the country’s shortfall.

Can Nestle succeed where Coke failed? – Shaun Rein

Nestle’s anticipated mega deal brings back the US$ 2.4 bn deal by Coke, rejected in 2009 by the Ministry of Commerce for fears the new company would dominate the market. While Nestle’s deal is huge, it has not Coke’s problems, tells Shaun Rein in Fortune.

China can deal with sky-high debts – Victor Shih

China’s debts could be as high as 150% of its GDP, higher than that of the US and Greece, says political analyst Victor Shih in Aljazeera. But is should reform its inefficient economy to deal with that debt.

China relaxes procurement rules on innovation – Shaun Rein

China’s regulators have been scrapping preferential treatment of local firm to win procurement contracts from the government, originally meant to strengthen indigenous innovation. “It is a sign the government is listening to the needs of foreign companies,” says Shaun Rein in the China Daily.

Disclosure government debts ‘step forward’ – Victor Shih

The warning by China’s National Audit Bureau local debts are a risk for the country, is a step forward, says political and financial analyst Victor Shih to the New York Times. Until Monday those local debts were kept under wraps. But it is only the beginning of a solution.

China, US cannot reverse N-Korea’s nuclear program – Wendell Minnick

North Korea is likely to launch a third nuclear test, based on highly enriched uranium (HEU), writes Wendell Minnick in the Defense News, based on a book by Jonathan Pollack. China nor the US can stop the country’s nuclear program.

China is hiding, not solving its financial problems – Victor Shih

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.

Government no talking partner in hacking issue – Jeremy Goldkorn

Why would you want to talk to the Chinese government on Google’s hacking issues, when there is no proven link – to put it mildly – between the government and the hacking, wonders internet analyst Jeremy Goldkorn in VOA.

What about the underground financial bubble? – Victor Shih

Victor Shih of the Northwestern University has been doing much of the legwork to find out how much China’s debt actually is, much higher than China’s financial authorities want to admit, he writes on this blog of the Financial Times. Much of the country’s financial bubble remains underground.

Baidu is not ruled by the communist party – Kaiser Kuo

Foreign journalists visiting the headquarters of Baidu in Beijing, China’s largest search engine, might be up for a surprise, as they are met by rock musician Kaiser Kuo, also spokesperson of Google’s competitor. Here is a part of the report by Jordan Pouille in Metro.