Hunting rhinos: what Dalian Wanda saga says about China on July 31, 2017“Nobody is safe”. That was the stark assessment a long-time China watcher gave me while discussing what’s happening to one of the country’s richest men, Wang Jianlin. Mr Wang, once considered a Beijing favourite, seems to have fallen foul of the establishment. His business, Dalian Wanda, grew into one of the country’s most prominent property […]
Why the US has changed its tune on the yuan on May 22, 2017A funny thing happened in the US on Thursday night. Steve Mnuchin, the US Treasury Secretary, testifying in a senate banking committee hearing, said something positive about China. In response to a question from the floor about why the US has yet to name China a currency manipulator – an often repeated vow made by […]
Is real reform possible at South Koreas chaebols? on May 1, 2017You just have to walk down the streets of Seoul to see how pervasive is the influence of South Korea’s massive family-run business empires – or chaebols as they’re known. Samsung, Lotte, LG, Hyundai: they are unavoidable, selling everything from mobiles to laptops, cars to washing machines as well as food, drink and even health […]
Is real reform possible at South Koreas chaebols? on May 1, 2017You just have to walk down the streets of Seoul to see how pervasive is the influence of South Korea’s massive family-run business empires – or chaebols as they’re known. Samsung, Lotte, LG, Hyundai: they are unavoidable, selling everything from mobiles to laptops, cars to washing machines as well as food, drink and even health […]