China Trade Bills Scam: New Regulation Announced
Economy,China
By Henry Hing Lee Chan - 20 Sep 2016

China Trade Bills Scam: New Regulation Announced

The Industrial and Commercial Bank of China is under police investigation over a fraud case reportedly involving RMB 3 billion worth of fake trade bills in the nation’s e-commercial draft system, highlighting the need to set up a more robust financial market framework.
The BRICS at the Hangzhou G20 Summit
Politics,Economy,China

By Alvin Cheng-Hin Lim - 19 Sep 2016

The BRICS at the Hangzhou G20 Summit

Bond Defaults: A New Risk for Financial Crisis in China?
Economy,China

By Henry Hing Lee Chan - 13 Sep 2016

Bond Defaults: A New Risk for Financial Crisis in China?

Rebalancing Fiscal Capacity and Expenditure Responsibility in China
Economy,Society,China

Rebalancing Fiscal Capacity and Expenditure Responsibility in China

One major issue is the mismatch between local governments’ fiscal capacity and their expenditure responsibility. In recent years, local governments have been responsible for over 80 percent of government expenditure, while being assigned only about 50 percent of government revenue.
By Jiwei Qian - 09 Sep 2016 | 0 comments Read more...
Hangzhou G20: Display of Opulence with Limited Achievement?
Politics,Economy,China

Hangzhou G20: Display of Opulence with Limited Achievement?

Lauded as a great success by Chinese President Xi Jinping, the Hangzhou G20 Summit came to a conclusion on September 5, 2016 with its final communique confirming the necessary consensus for the G20’s long-term vision.  
Behind China’s E-Commerce Success Story
Economy,Cyberspace,China

Behind China’s E-Commerce Success Story

Many people hold the view that economies of scale plus a booming economy are the two sole reasons behind China’ success in e-commerce. Physical infrastructure of telecommunications, information processing, and logistics are also factors.
No “Helicopter Money,” Abenomics Turns to Fiscal Stimulus
Economy,East Asia

No “Helicopter Money,” Abenomics Turns to Fiscal Stimulus

In July 2016, Japanese Prime Minister Shinzo Abe announced a JPY 28 trillion stimulus package, which includes spending on infrastructure, reconstruction of disaster zones, wage increases for child and elder care workers, and direct cash payments to low-income households.
By Yuqing Xing - 30 Aug 2016 | 0 comments Read more...
RMB’s Global Payments Share Drops: A Blessing in Disguise?
Economy,China

RMB’s Global Payments Share Drops: A Blessing in Disguise?

The latest report from SWIFT shows that the share of the RMB in the global payment network dropped to 1.72 percent in June 2016, down 0.18 percent from the figure in May, and is the smallest share for the year to date.
China’s Phenomenal Land Prices: SOEs a Contributing Factor
Economy,China

China’s Phenomenal Land Prices: SOEs a Contributing Factor

China’s land prices in auctions have hit record highs in the first half of 2016. Land parcels were sold on average 41 percent higher than their asking prices. There are 205 land parcels with a price of over RMB 1 billion.
By Zhihua Zhou - 19 Aug 2016 | 0 comments Read more...
Creating a South China Common Market to Address Hong Kong and Taiwan Issues
Politics,Economy,China

Creating a South China Common Market to Address Hong Kong and Taiwan Issues

A South China Common Market would not only enhance the international competitiveness of China’s economy, but also create a social and economic environment to solve the Hong Kong and Taiwan issues.
Uber China-Didi Deal: Who Gains? Who Loses?
Economy,Cyberspace,China

Uber China-Didi Deal: Who Gains? Who Loses?

Uber, the world’s most valuable ride-hailing startup with more than USD 13 billion in funding, has agreed to merge its China branch with Didi Chuxing, after suffering from a grueling price war with the local rival.
China’s Current Economic Pains
Economy,China

China’s Current Economic Pains

An anonymous “person with authority” said that China’s economic trajectory was experiencing an L-shaped path, involving a sharp decline followed by a long period of flat or stagnant growth. The questions are: when will the decline bottom out, and is it sustainable?
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