Showing 1 - 6 of 6
China needs to eliminate its market contradictions
News, Michael Schuman, Published on 11/01/2016
» Another tumultuous week for China's stock markets has dealt yet another blow to global confidence in Beijing's policy makers. Each tripped circuit-breaker and policy reversal has underscored the inherent contradiction China faces -- between the leadership's desire for the certainty of state control and the benefits of free markets.
To conquer the world, China must get smarter
News, Michael Schuman, Published on 14/08/2019
» Many investors and economists continue to believe China's rise to global economic greatness is inevitable. Modern history, however, tells us that graduating from emerging- to a developed-economy status is hardly automatic. An overly intrusive state, dependence on debt, feeble gains in productivity and poor resource allocation are all reasons to fear that China might struggle with the transition like so many nations before it.
Trump's China trade 'big win' will cost America
News, Michael Schuman, Published on 27/02/2019
» Donald Trump believes he is about to score yet another big win on trade, this time with China. Progress in talks with Beijing, he claims, has been so "substantial" that he's delayed a looming March 1 deadline and is likely headed for a summit with China's President Xi Jinping to finalise a long-awaited settlement.
Show might be over before it begins
News, Michael Schuman, Published on 08/05/2018
» North Korean leader Kim Jong-un has pledged to dismantle his nuclear test site, and supposedly, he's even inviting the international press into his usually off-limits kingdom to witness the extravaganza. The gesture is meant to prove he's serious about eliminating his weapons programme -- and he wants all the world to see it.
Turning communists into capitalists
News, Michael Schuman, Published on 03/10/2017
» As it heads into a major leadership transition, China is attempting a strange breed of corporate reform. Rather than privatising state-owned enterprises outright, the government is testing whether selling minority stakes to private investors may improve their performance.
Asia's strongmen not strong enough
News, Michael Schuman, Published on 21/02/2017
» Across Asia, the world has supposedly been witnessing the return of the strongman. Chinese President Xi Jinping has been grasping more and more control in his own hands since claiming power in 2012. Two years later, Prime Minister Narendra Modi in India and President Joko Widodo (known as "Jokowi") in Indonesia won office by selling themselves as forceful economic and political reformers. All three were heralded as the firm hands these giant developing nations needed to rejuvenate their promising but troubled economies.