Many analysts tumbled over each other to dismiss China´s record devaluation of its currency. But financial analyst Arthur Kroeber disagrees, and says it is a necessary move to financial reforms in the middle and long term, CityWire writes.
Tag Archives: Arthur Kroeber
Heated arguments still rage on the effect of the recent downturn of China´s stock markets. And while the government dealt badly with the financial markets, the effect on China´s economy will be limited, writes economist Arthur Kroeber in ChinaFile.
Two years ago, China promised market forces will enter the financial arena. But is has been a mixed message from the start, and after the government tried to save a dropping stock market, financial analyst Arthur Kroeber looks for the Brookings Institute at what has happened.
A sky-high rally, a scary fall and unprecedented government action to stop that fall. Is the government for the first time losing its dominance to market forces, as some suggested? Financial analyst Arthur Kroeber does not think so, he tells Globe and Mail.
China might be facing many problems, a crisis of confidence is certainly not one of them. Economist Arthur Kroeber, acknowledged bull on China, tells The Age the Party is much more powerful than any domestic enemies.
An opinion piece in the Wall Street Journal by David Shambaugh on March 7 claims the Communist Party is falling apart. Economist Arthur Kroeber explains in ChinaFile why he is wrong. The next episode in a longstanding “China-is-collapsing” tradition.
Brazil depends to a large degree on China´s demand for its ore. But that dependence is dangerous, economist Arthur Kroeber told a conference in the country. Demand will be high for the next five years, but then drop sharply, and cause trouble if Brazil has not diversified its economy.
The reforms of president Xi Jinping are gathering steam, writes political analyst Arthur Kroeber for the Brookings Institute. Xi´s struggle goes beyond just consolidating power, and is more about governance than economics, he argues.
Economist Arthur Kroeber argued last week that China´s leadership accepts that its authoritarian strength triggers off collateral damage: it will never become a leader in technology or soft power, including censorship. Journalist Ian Johnson disagrees in the ChinaFile, the people might not accept that trade-off.