The popular notion is that state-owned enterprises are very powerful in China. To what extent is that true? Are fears of China’s state capitalism overblown?
This week, new worries about China’s economy came to the fore even as Beijing reemphasized its intent to continue with reforms; the Alibaba IPO roadshow raised huge interest in the US; and Apple’s iPhone 6 won’t be coming to China any time soon. The Slowdown Last week, a dip in China’s manufacturing Purchasing Managers Index […]
Can increased competition in Chinese industries help the country meet its goals for greater reforms? During last November’s Third Plenum, the party’s Central Committee unveiled a blueprint for reform to drive greater economic growth in China. An important component of these reforms is an increase in market competition.While the Central Committee is perhaps thinking primarily of the […]
The week that was: Qihoo 360 heads to Silicon Valley to fund start-ups; CCTV’s latest smear campaign targets Bank of China; China’s trade numbers look up; and electric cars may get cheaper. Qihoo 360 launches its VC Fund in Silicon Valley Qihoo 360, an internet security firm based in Beijing, has just set up a venture […]
What ails real estate in China? Are we heading for a property market crash? Does the government need to step in and save the day? In this wide-ranging interview, CKGSB professor Liu Jing, an expert on the real estate market, analyzes the situation in China’s real estate sector. China bears have never been this close […]
The week that was: China may trump the US to become the world’s largest economy soon; the Chinese P2P lending sector to get new regulations; Xiaomi shells out a cool $3.6 million for a two-word domain name. China to be the World’s Largest Economy Soon For the last decade pundits have been prophesizing that China is […]
This week that was: China releases a moderate stimulus package; Alibaba picks up a stake in Intime Retail; Huawei scores a profit surge in 2013; and minimum wages in major Chinese cities rise. New stimulus for a slowing China China’s economy hasn’t bounced back as much after the Chinese New Year in February. On Tuesday, China’s official […]
Will the Shanghai free trade zone live up to the hype? “In retrospect, one of my biggest mistakes was leaving out Shanghai when we launched the four special economic zones,” Deng Xiaoping, the chief architect of China’s early economic reforms, said in 1992. The 88-year-old Chinese leader spoke those words during his “southern tour”, a […]