Search results for: “"state owned enterprises"”
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State capitalism & more things
State capitalism State capitalism has been created in various forms in China since opening up. Some of the new forms have aspects that impacts the relative attractiveness of doing business in or with Chinese companies. Opening up Historically since opening up China has been a mixed market model. There were small private businesses including many…
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Guyana + more stuff
Chinese business corruption in Guyana For a while Vice News was the hotness in news reporting, now they seem to have got their mojo back with a report on Chinese business people taking advantage of corruption at the highest level in Guyana. British Hong Konger Isobel Yeung did an amazing report on how Chinese business,…
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Beauty calendars of China + more things
Chinese beauty calendars How China’s Beauty Calendars Defined an Era’s Aesthetics | SixthTone – the history of China’s beauty calendars is the history of China opening up and closing back down again. The beauty calendars aren’t high art or pornography like the Perelli calendar of old. But for the time, they were at the bleeding edge…
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Demand fall in oil + more things
Demand fall offers glimpse into oil industry’s future | Financial Times – what this story about fuel demand fall fails to take into account is feedstocks. Feedstocks are precursor chemicals derived from oil and gas that go into materials for pretty much everything we make from medicines, electronics and food packaging to stretchy yoga slacks…
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Debt defaults + more things
China’s richest tycoons hit by debt defaults, arrests and suicides in 2019 amid tightening regulation | South China Morning Post – billionaire’s problems, but an interesting read. A lot of Chinese corporates haven’t adapted well to the slow down in growth. Secondly, many of them have been caught in Xi’s prosecution of corrupt government officials…
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Modified android phones & other news
Google Under Pressure as Modified Android Phones Take Off | TheNextWeb – 20 per cent sounds on the low side to me for modified Android phones. Why would you need modified Android variants? You have modified Android phones because Google services are basically unuseable in China and North Korea. Amazon’s Fire phone and tablets are…
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Shadow banking + more news
Shadow banking Expect wild 2014 with China crackdown on shadow banking – I am not so convinced given the vested interests in shadow banking. Shadow banking ‘wealth management products’ are sold by state banks like ICBC. Local government is funded by land sales to real estate developers, who are funded by shadow banking. The article…