gisp's Posts

wet market

If you have been to a wet market in China, you can not be too surprised when they tell you that the Wuhan Coronavirus, the new pandemic spreading through China, did originate in one of these markets. There is a lot of talk about the wet market in Wuhan, but it’s only one of thousands. I have been in many,

Sun setting over a Cathay Pacific plane in Hong Kong

As I explained in my last POST, I have spent some days in China and Hong Kong visiting our offices, factories and some raw material and component suppliers. I had read a lot about the situation in Hong Kong before the trip, and all my Chinese friends and suppliers were telling me not to go because it


Just back from China where I had a very interesting talk with a friend about Zhima credit. I had heard about it, but it’s becoming really scary, what he explained left me astonished… We went to a posh restaurant in Shanghai and we got a really nice table, and he explained it was because he had a good Zhima credit


Is this the beginning of a new trade war? Maybe.

Trump is a bully and this is his way of negotiating, from the old book: set a super high target, and from there you negotiate down.

Western countries trade with China is unfair, which causes a lot of unbalances. Blocked markets to help local titans, mandatory tech transfer to enter the Chinese

child labour

A few weeks ago I went to visit some new factories with a client. We had a tight trip, 15 factories in 5 days. These factories had been pre screened by our Hangzhou office but, as always, you don’t really know a factory until you visit it.

We visited one of the factories, in Guangdong province, and we had a suprise

steel production GISP

Hoy ha empezado en Beijing la octava edición del SED (strategic economic dialogue), una serie de reuniones entre USA y China donde se discute de un amplio rango de asuntos. Fué establecido por Obama y el anterior presidente chino, Hu Jintao, y se desarrolla anualmente, alternativamente en Beijing y Washington. Atienden los más altos cargos de los dos países, pero los

history repeats itself

So, China joined the SDR. Not a big suprise… as we already explained in this post, one of the reasons behind the devaluation of the yuan some monthes ago was to give Christine Lagarde and the IMF an excuse to include the chinese currency in the SDR basket.

To summarize, the SDR is a reserve asset created

gisp beijing smog

As I have explained in other posts, pollution is one of the main concerns of Chinese citizens. In one of the last trips I took to China I went to Handan city in Hebei province, a heavy industrial area. Visibility was less than 30 metres because of pollution, we could barely see the cars in front of us

stock market fall

There are a lot of articles lately about the Chinese stock market crash. Many of them says it’s the signal that the Chinese economy will have a hard landing, that will have consequences for the economy of all countries in general. While it’s true that China is growing at a slower rate than the last years, the stock market is


If you have been reading the news about the Chinese Yuan devaluation in the last weeks, you will probably not have a clear idea of what is happening with the Yuan right now. I have read all sort of articles, from good ones