Official Data, Other Signs Hint at Bad State of China’s Economy
China’s sole engine driving growth is losing steam.
BUSINESS
China’s Finance Minister Talks Property Tax Levy
◎ The various local administrations have long relied on selling land leases to supplement their income.
China Could Get a Fifth Vice Premier
◎ New Politburo member Yang Jiechi may become a State Council vice premier with a foreign affairs portfolio.
Risk vs. Opportunity: Microsoft in China
◎ There are severe downsides for businesses who ignore or lack a fuller understanding of China’s elite politics.
Risk vs. Opportunity: China’s Probe of Non-resident Accounts With Over a Million in Deposits
◎ China’s ongoing probe of non-resident financial accounts may be aimed at uncovering corrupt activity by Chinese nationals with foreign passports or residencies.
Risk Watch: Four Financial Industries Xi’s Anti-corruption Drive Will Hit
◎ Xi’s intent to clean up the financial sector is best observed in the proceedings of the 5th National Financial Work Conference in mid-July.
These Six Officials Will Shape the Future of China’s Economy
◎ Economic reform is a top priority for Xi, but he faces stiff internal opposition.
Two Key Issues You Must Know to Decode China’s Future
◎ China’s future trajectory can be decoded if observers understand two key issues.
Risk Watch: Ford’s Political Bet on Chongqing’s Chen Min’er
◎ Companies that choose to invest in Chinese officials are engaging in a high-risk venture.
Why Chen Min’er Didn’t Make the Politburo Standing Committee
◎ Xi and Chen were never mentor and protégé.