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
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
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
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
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
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
Last week I was invited to speak in a conference about entepreneurship at ESCI-UPF university, together with the US consul in Barcelona. It was very interesting and it made me think about America position in the world, especially in relation to China.
After getting used to a world with America as a single referee, the situation is quickly changing. We are moving
Muchas PYMEs trabajan con China, y la gran mayoría dedican recursos insuficientes en formar a la gente que lleva el día a día con China.
Cuando trabajamos con un país tan diferente, hay que ser consciente en todo momento de que su cultura no se parece en nada a la nuestra. Abordan los problemas de manera diferente porque su background cultural,