Archive for News
Wrong number: On the reliability of Chinese Data
Following on the heals of the last post and thanks to Chinalawblog for the pointer. As an economist who works with large amounts of Chinese data this issue has arisen many many times without a satisfactory solution. The Economist discusses this issue at length. I tend to use province level data – this raises a [...]
Huge wealth; huge misery: China by numbers
The Independent on the 10th May had a China special. The numbers at the end of the article are worth posting to have on record. Whilst the writing style is “sensationalist” it is well written and does paint a good picture. The dragon awakens: China, how did it happen? [Independent] What is happening in China [...]
McEconomics: The price of McDonalds in China
Pettis over at China Financial Markets has a nice little comment on the role of McDonalds in China (and Asia generally). In my view he has it spot on making an excellent observation that I think deserves to be retold. The rest of the article is also interesting. Inflation? Or stagnation? [China Financial Markets] Occasionally [...]
Financial Controls: When China Offices Go Wrong
During my time in China, I have heard more than a few stories of where one partner/ manager lost control of their finances in a way that was company/ project killing. Perhaps it was an underling that figured out a loophole, a business development manager spending too much time at the KTV, a purchasing manager [...]
China’s Exports Off in May. What Should We Think?
A lot of news today on China’s June numbers for the surplus. According to the IHT coverage: China recorded a trade surplus of .35 billion in June, less than expected, as slower growth in exports contributed to concerns that weakening demand overseas could be starting to hit the economy. The surplus marked an increase from [...]
Weekly Roundup: 5.12 Earthquake Report, FDI up 46%, and China’s Blob Keeps Spreading
With so much going on in China, and only a limited amount of bandwidth, I have created this weekly post to highlight articles that I feel are (1) important, (2) relevant, and (3) interesting. This week there are 4 articles that I have chosen to highlight as each are quite interesting, they are all relevant, [...]
Sinotrans and Yangtze Shipping to Merge
Last year while doing some research on the Yangtze’s port, we learned from one port manager that the central party was looking at restructuring China’s mega carriers to create super mega carriers. Following that conversation I wrote Are Super Logisitics Mergers in China On the Way? describing the potential pairings (and reasons for the pairings), [...]
Recent China-related Enforcement Activities of the Bureau of Industry and Security
Many small and mid-sized manufacturers in the United States are unaware that their exports may be subject to Export Administration Regulations (EAR). The implementation of those regulations is overseen by the Commerce Department’s Bureau of Industry and Security (BIS), and enforced through that bureau’s Office of Export Enforcement (OEE). BIS is joined by several other [...]
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