From the Financial Times (link) The development of China’s capital markets will continue to trail its strong economic growth until there is a radical improvement in corporate governance standards, according to a survey of the region’s most powerful investors. Institutional investors in China say the lack of independent directors, byzantine share-ownership structures and poor regulations […]
Read MoreFrom the Financial Times (link) Hu Jintao, the first Chinese president to visit Washington in nearly a decade, arrives in Seattle on Monday to kick off a four-day US tour that will focus heavily on the growing trade imbalances between the US and China. Senior US officials said that, while the two countries were in […]
Read MoreFrom Bloomberg News (link) China plans to let investors buy stocks using borrowed money and sell shares they don’t own, seeking to channel more of the nation’s $4 trillion of bank deposits into the stock market and boost trading. The China Securities Regulatory Commission may select five brokerages to start margin financing and short-selling services […]
Read MoreFrom the New York Times (link) China and the United States have engaged in public disputes about trade, human rights, military spending and energy security, but for just a moment late last year, their leaders put briefing books aside and agreed to talk privately. With an aura of candor described as unusual for Chinese leaders, […]
Read MoreFrom the Washington Post (link) They’re known as Internet evangelists — the people who have unwavering faith in the democratizing power of the Internet. It’s a term coined by James Mulvenon, deputy director at the Center for Intelligence Research and Analysis, to describe those who cling to the belief that the Internet “leads to ‘tulip’ […]
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