Xi Jinping is widely viewed as China’s strongest leaders since Deng Xiao Ping thirty years ago. He has consolidated control over the Party, rammed home an anti-corruption campaign, and pledged backing for the expansion of the state sector through programs like “One Belt One Road” and “Made in China 2025.” But behind the flagship programs […]
Xi Jinping’s Measured Boao Speech Xi Jinping made a surprisingly concessionary speech at the Boao Forum April 10 in response to the escalating trade war instigated by the Trump Administration. I had expected him to avoid making any overt signs of concessions to Trump’s trade threats. Perhaps I underestimated how little these overseas speeches are […]
Andrew Collier, Managing Director, Orient Capital Research joined Bryan Curtis and Juliette Saly to discuss his expectations for President Xi Jinping’s keynote speech at BOAO in China. He doesn’t expect anything big on the trade spat with the U.S., saying he will instead position China as a country that adheres to trade rules globally. Running […]
See my comments below…. Published onDecember 29, 2017 Engen Tham, Matthew Miller and David Lague, Reuters SHANGHAI/BEIJING/HONG KONG, Dec 28 (Reuters) – In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank […]
Foreign Policy Lawfare Don’t Trust China’s Opening of Its Financial Sector Inviting foreign investors into a closed economy is a lot easier said than done. BY ANDREW COLLIER | DECEMBER 8, 2017, 7:53 AM Chinese 100 yuan notes and one U.S. dollar on Jan. 6, 2017. (Fred Dufour/AFP/Getty Images) Two days after President Trump left […]
Notes from China Beijing Sees New Problems Summary We just conducted a week of interviews in Beijing and nearby Jinan, Capital of Shandong Province. A few thoughts on these subjects: l Inflation. l Consumer Debt. l Growing Receivables. l New Private Banks l Rising Power of Reformer Wang Yang l The Mantra of Private Public Partnerships Inflation in Beijing’s Sites […]
Andrew Collier, Orient Capital Research China has promised a new round of financial opening to foreign firms, its biggest overseas incursion since the country’s entry into the World Trade Organization fifteen years ago. But the reality is likely to be far less than expectations. First, the history of western financial institutions in China is […]
China Opens Up Financial System Daybreak Asia November 13th, 2017, 9:04 AM GMT+0800 Andrew Collier, managing director of Orient Capital Research, discusses China opening up its financial system and where he sees opportunity. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) https://www.bloomberg.com/news/videos/2017-11-13/china-opens-up-financial-system-video
Mobile Payment is the key Summary Domestic Competition. Tight competition for payments within China is pushing Alibaba and Tencent to explore overseas expansion. Financial Services. Both companies currently rely on Chinese tourists and business travelers. In future, the easiest entry access is via local joint ventures offering financial services such as micro-loans, which they are […]
Fiscal Reality Limits his Power over the Economy Summary Most analysts believe Xi Jinping is likely to increase his power following the Party Congress on October 18 by strengthening his control over the Party’s Standing Committee. This, in turn, could give him the political freedom to institute economic reforms, including restructuring of state firms, and […]