Beijing’s chicanery leaves western business guessing on August 13, 2017“If we don’t take action, foreigners may think of Chinese as cashed-up fools.” Thus Guo Guangchang, one of China’s biggest overseas acquirers, last month praised Beijing’s efforts to halt what he described as an irrational overseas shopping spree by the country’s major corporations. Leaving aside his motives in chiding an activity for which he blazed […]
China was the real victor of Asias financial crisis on July 10, 2017So, who won: Mahathir Mohamad or George Soros? The venomous argument between the Malaysian leader and the US fund manager during the Asian financial crisis 20 years ago symbolised the fury of those times. It also dramatised the perennial question of how open emerging economies should be to the trillions of dollars in global speculative […]