China

Markets 14th March 2014

Today’s Talk Of The Market In Spain

MADRID | By Jaime Santisteban | It could be a big deal. The Spanish government has to evaluate a comprehensive report on the tax system reforms handed by an experts’ comittee “We have spared no one,” they’ve said. Will this really boost simplicity and efficiency? Market makers await further details about where the government stands on each proposal. Besides, focus remains in Ukraine ans the polemic referendum in Crimea, and in China, whose PM announced that more defaults are coming.

China Picking the Low Hanging Fruit of Reform

World economy 11th March 2014

China: Omnipresent Scarcity

China is reaching a crucial point in which both the Communist Party and the citizens must define what they want to be and in which direction they want to move. The human costs of three decades of rampant growth are huge and the country is facing pressing challenges such as environmental pollution, deep social inequalities and weak employment opportunities. It may be time for China to start figuring out the puzzle of allocating resources in a country of 1.3 billion people.

World economy 8th March 2014

China: Eyes on the Prize

BEIJING | By Andy Xie via Caixin | Poor economic data in China will make the short-sighted howl, but policymakers know it is really a sign of rebalancing – and raising per capita incomes.

World economy 20th February 2014

Ending the Nightmare of Private Sector ‘Crime’ in China

BEIJING | Op-ed by Wang Yong via Caixin | Private business owners in China are, out of desperation, breaking laws under a legal system that China must reform. An entrepreneur who has no basic rights guaranteed may fawn on political elites because this is probably the only way to guarantee personal safety. We could call that the private sector’s “crime of necessity.”

World economy 18th February 2014

Want Chinese Tourists? Be Friendly to Them

MILAN | By Mariangela Pira via Caixin | From providing water kettles in hotels to streamlining visa application procedures, European countries can do more to make Chinese tourists visiting easier.

Companies 31st January 2014

Haier’s Lesson for China

Iris Mir |Chinese brand Haier went from a disastrous inefficient brand to the world’s biggest household appliances manufacturer thanks to its CEO, Zhang Ruimin, innovative entrepreneurial thinking. The ideal scenario for China would be that many local brands could achieve Haier’s reputation and capacity for innovation. And thus they’d become Ambassadors of a new made in China, most sophisticated and exclusive. A substantial consolidation of domestic demand and the development of a new industrial structure may be paving the way for this dramatic transition to happen.

Markets 18th January 2014

China Wants to Grow ‘Reasonably’

China (which grew by 7.7% in 4Q13) wants to pursue a very different strategy in 2014, setting “reasonable growth” as its macroeconomic goal, meaning by that a rate that will support the country’s economic restructuring and upgrading. But such a technical description fails to meet society’s real needs and achievements, and so new alternative models are booming.

World economy 14th January 2014