Newsletters

China In Touch, 11 September 2019, Issue 260

For hundreds of years Dunhuang in Gansu Province offered protection for the Diamond Sutra in the Mogao caves and to thousands of  other ancient scrolls. In 1907 the British explorer, Aurel Stein, stole 40,000 of those manuscripts from China. This is not the method we want to follow when we discuss Development Opportunities brought by the Belt and Road Initiative. We live in more enlightened times and we use very different approaches to preserving history and to developing cultural exchanges so we can better share and understand the development opportunities.  

 

China In Touch, 28 August 2019, Issue 259

You are geared up to expand your business into China. It’s a great idea, but what drives your China strategy? It is a question I was forced to ask when advising a Singapore company board. The China business unit in the company was effective. The small team had developed a good track record of success in developing and sustaining China business. The team had developed a formidable reservoir of intellectual property and expertise.

 

China In Touch, 14 August 2019, Issue 258

President Trump declared China a currency manipulator at a time when he was desperate for China to actually be a currency manipulator. Seems contradictory? Not really when the issues are pared to the essentials. The foundation of Trumps tariff policy is for the Yuan to remain under the critical level of 7 to the US dollar. At these levels the US tariffs inflict some real pain on Chinese exporters and so make Trumps tariff policy more effective. The success of his policy rested on China ‘manipulating’ the yuan to keep it under 7.

 

 

China In Touch, 31 July 2019, Issue 257

Its mid-summer in Beijing and the clear blue skies are enough to entice people to visit Beijing’s many landmarks and public parks. Some seek the coolness of the Xiang Shan mountains or the waterways and gardens around the Summer Palace, or perhaps venture into the countryside and visit the Ming Tombs where it might be a little cooler. Others visit the lesser known Yuanming Yuan  ruins also called  the Old Summer Palace. 

 

China In Touch, 17 July 2019, Issue 256

Three important developments  came out of the recent G20 meeting. The first development was an extended ceasefire in the US China tariff war. This was hailed as a victory for the United States, but closer examination suggests the Chinese gave away little of importance. It is a classic example of the Chinese strategy of making something out of nothing. Expansion of US meat imports would have happened in any case given the ongoing culling of Chinese pigs due to the breakout of African swine fever. This G20 outcome had the benefit of making a necessity look like a concession.