After decades of promises for China’s economic and financial opening up, foreign companies have been careful before they start cheering. But veteran economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, optimistic about the latest changes, he tells in an interview for the China Daily.
Category Archives: intelligence
Chinese surveillance technology, especially social credit systems and facial recognition, is seen by Western media as a final end to privacy. But Tencent watcher Matthew Brennan sees this innovation works differently on the ground, in China, he explains in Metro.
The main reason for the current tech winter in China was the flush of money that has hit the industry, especially by the government, says VC veteran William Bao Bean to the BBC. A re-structuring of China’s start-ups’ scene is long overdue and that is good news for investors, he argues.
Facebook is struggling to remain relevant for its users and had a good look at China’s WeChat where group interactions are more private than the chaotic mess Facebook offers. But business analyst Ben Cavender wonders if the Chinese approach works at Facebook, he tells the South China Morning Post.
Renowned investor Jim Rogers learned from the China market 23 years ago in a painful boom-and-bust cycle. Now he is bullish on China, but shares a few tough lessons he learned in those early days, he will not forget, he writes in the Daily Wealth.
For the outside world, Xi Jinping looks like the effective authoritarian leader, killing effectively public debate in the country. But journalist Ian Johnson noted over the past few months an amazing growth of opposition inside the Party, he writes in the NY Review of Books.
Controlling shareholders have been caught for criminal activities everywhere, but there are a few reasons to give their backgrounds extra caution in China, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post.
After a lengthy crackdown on shadow banking, this risky financial tool seems to be back in grace as China’s economy is slowing down. It is the pragmatic way China’s financial authorities deal with the economy, financial analyst Sara Hsu says. Shadow banking will be allowed, as long as it works, she writes in China Focus.
US President Donald Trump describes the upcoming deal between China and the US to end the trade war as “comprehensive”. China veteran Mark Schaub sees only marginal changes and certainly disagrees with a report in Bloomberg saying that most foreign companies can now work without joint ventures. Most companies can and do so since the 1980s, he tells at the BBC. And he assumes that in industries where foreign investments are tough, like publishing, telecom, and education, changes will not be sensational, he tells at the BBC.
The official trade war between the US and China seems to be entering its end game. But that does not mean the hostilities will end. Making sense out of what the world’s first and second-largest economies will do will only be slightly easier. A few speakers at our office might be able to help you out.