Diana Choyleva

10 Posts Back Home

How to Invest in China’s Stock Market

When shares in an elevator company go limit up because it has the same name as a new adviser to Xi Jinping, there can be little doubt that China’s stock market is a casino. But that would be to jump to the wrong conclusion. True, the Chinese equity market is far from perfect and reform is piecemeal. But it is becoming more professional, less prone to heavy-handed micro-management by the Party-state and of growing interest to overseas equity investors. So here is our take on what foreign investors should know about China’s stock market if they invest in it. Shanghai and Shenzhen Stock Exchanges After a 40-year hiatus, the Shanghai and Shenzhen exchanges reopened in 1990. Today they list around 4,000 companies. State-owned enterprises long dominated the new listings, but in the past decade the two bourses have become a cradle for the sort of innovative technology companies that China…

Democracy vs Autocracy: Biden Sets Out Challenge of US China Relations

Comparing Xi Jinping to Vladimir Putin, Joe Biden warned this month of “a battle between the utility of democracies in the 21st century and autocracies. That’s what’s at stake here. We’ve got to prove democracy works.” Fireworks at the first bilateral meeting of the Biden era underscored the great challenges facing US China relations. This article is a summary of important US China news so far in March 2021. “I see stiff competition with China,” Biden said at his first press conference as president. “They have an overall goal to become the leading country in the world, the wealthiest country in the world and the most powerful country in the world. That’s not going to happen on my watch, because United States is going to continue to grow and expand.” In Anchorage, Alaska, the top diplomats of both nations levelled sharp rebukes of the others’ policies in a rare public display highlighting…

Beijing wants reset of US China relations; DC dislikes the terms

During his first full month in charge, Joe Biden showed his Chinese counterpart that the 46th US President may prove less confrontational than the 45th, but the White House’s tough approach to Beijing and US China relations looks set to stay. This article is a summary of important US China news in February 2021. After the turmoil of the Donald Trump years, and the trade war that defined the world’s key bilateral relationship, Xi Jinping hoped for a return to calmer times. Senior diplomat Wang Yi called for a reset in relations, if US policymakers “abandon biases” and “give up unwarranted suspicions”. China’s top diplomat, Yang Jiechi, warned the US not to interfere in Hong Kong and Xinjiang, and placed the blame for the deterioration in relations squarely on the US. Washington accused Beijing of trying to avert blame for its actions. On trade, Katherine Tai, Biden’s USTR pick, backed…

In final days, outgoing President Trump ramps up pressure on US China relations

The many challenges troubling US China relations stayed firmly in the news as the USA transited from the Donald Trump to the Joe Biden era. In its final days, the Trump administration did nothing to ease US China tensions, rather they raced to increase the pressure on Beijing. While Beijing may hope for a softer approach from the new president, his secretary of state nominee, Antony Blinken, said Trump’s tough approach to China was right but the tactics were wrong. This article is a summary of important US China news in January 2020. Blinken said he favoured cooperation with China on climate change and other issues, but reiterated that genocide had been committed against Uighur Muslims. John Kerry pledged that the White House would not make unsavoury concessions to China in exchange for climate progress. “China is a strategic adversary,” said US ambassador to the UN nominee Linda Thomas-Greenfield. Treating China as a “strategic…

Navigate