My conversation with Eric hit all the right notes with the correct focus on the here and now and a dispassionate discussion of the longer-term opportunity sets for the region. Eric and I certainly do not agree on all points, especially on the outlook for the dollar, but I always come away from my conversations with Eric reassessing all of my assumptions.
Our big takeaway from dialog with US space stakeholders is that the motivations between private space sector development in China needs to be better understood within the US sector. The Chinese space ecosystem is more complex than widely recognized within US commercial space stakeholders.
Our on-going focus on Ant Group and Fintech regulation more broadly continued with Martin Chorzempa — Senior Fellow at the Peterson Institute for International Economics, returning to continue our conversation on the true drivers and consequences of the clampdown on Ant Group.
On the eve of 2021, the EU and China agreed on a preliminary Comprehensive Agreement on Investment (CAI) that paves the way for a greater European presence in the Chinese market. The deal may mark a China-first foreign policy for the EU, even as the new American administration under US President Biden has called for multilateralism and cooperation in containing China.
Led by China, Asia’s handling of the pandemic and its economic recovery has been the envy of the globe. Are asset prices reflecting this, and can Asia consolidate this economic momentum? Does Asia’s economic preeminence prompt a re-rating of assets that appear well supported by a historically low funding cost?
At a much earlier stage of development in the sector, China has nonetheless been growing its data center infrastructure at a rapid pace. Our discussion was centered around the country’s data centers and the market trends surrounding it, capital flows into this sector, and the upcoming disruptions to data center infrastructure.
A longer-term, bigger picture focus on the recalibration of the economic relationship between the US and China over the decades ahead. There is no return to a pre Trump status quo with National Security concerns swamping any economic vested interest.
While adherence to the Basic Law, the legal barrier between the Hong Kong of old and its integration into the mainland will continue, the reality is that Beijing’s dominance over the territory is on an unstoppable path.
Most U.S. and European investors have tiny allocations to China, and few outside of the mainland have an exposure that reflects China's economic might. The global monetary policy response to COVID-19 has solidified the era of zero and negative interest rates, and this shines a light on the key advantage of holding Chinese fixed income and that is yield.
Within the span of weeks, Ant's anticipated IPO – marked as the most valuable filing in history — came crashing down. Ostensibly for a series of controversial remarks made by CEO Jack Ma that criticized China's regulators, the bigger question is whether China is trending towards regulating its financial industry and how this government oversight will impact the future of behemoth platforms
As China charts its course for the next five years in the form of the Fourteenth Five-Year Plan, questions arise on China’s priorities in modernizing the country through innovation, replacing high-speed growth with high-quality growth, rebalancing its economy, and tackling issues of climate change.
A key dynamic of US policy towards China will be the semiconductor export bans, exposing China’s strategic vulnerability of heavy reliance on semiconductor imports. China doesn’t have the domestic capacity to deal with the rapid expansion of companies like Huawei, which could soon face strategic shortages. Comparisons to the 1970’s oil embargos are not far from the mark.
Digital currencies have gain momentum in the broader investment community in recent months, embraced by central bank researchers, bitcoin evangelists, and fintech investors alike. For those skeptical about the role of fiat currencies, governments' use of the printing press in response to COVID-19 has hardened their resolve that the current dollar-based model is unsustainable.
Ant Group has upended the Chinese banking system and, with WeChat, has become the model for global financial services in the decades ahead. Ant Group has the potential to be the financial backbone of a slew of industries and could well provide the framework for a cashless China and, potentially, a cashless globe.
China’s successful rebound from COVID-19 and recent activity in the Hong Kong Exchange show that demand for capital from Mainland Chinese companies remains strong, and Hong Kong remains the preferred place for these companies to raise capital.
The scandal relating to Luckin Coffee has shone a light on a glaring regulatory gap between US and Chinese companies listing on the US exchanges. It forces investors and regulators to ask if it is fair that Chinese companies have different reporting and disclosure standards from American companies when listing on US exchanges?
Alibaba started the Chinese E-commerce revolution. Roughly 50% of global online transactions occur within China. To truly understand the Chinese competitive e-commerce landscape, we need to look into the consumer trends,...
China’s aim to become carbon neutral by 2060 represents a bold step in its energy policy at a time when the country has taken on a global leadership role in climate change negotiations. Climate is one of the few areas of global consensus but China’s carbon-neutral pledge has injected new momentum into global climate negotiations.
ByteDance is currently the world’s most valuable start-up, estimated at $400 billion. Founder Yiming Zhang seized on mobile and believed in providing users with machine learning recommendation algorithms versus traditional search. The result was a company that is constantly evolving but remains centered around apps such as Douyin, Tik Tok, and Toutiao.
In April of 2020, Australia called for an independent investigation into the origins of COVID-19. TThis commenced what could best be described as a spiral in official ties. Australian Journalists were asked to leave. China has slapped tariffs on a slew of Australian goods. Australia and China's frosty diplomatic relationship has morphed into a full-blown trade wrangle.
ESG is global and increasingly complicated in China. Not only do investors have to assess traditional metrics such as environmental sustainability, but the impact of the Chinese Communist Party’s (CCP) non-democratic rule adds layers of complexity. A conversation with Isaac Stone Fish, a journalist and the CEO of Strategy Risk
April 13, 2021June Choi- Pembroke Emerging Markets
April 22nd 2021 - Rui Ma: Tech Buzz China
Hosted by Wenchi Yu (VIPKid) - The emerging trends in Ed Tech investment, business model, innovation
Featuring Tu Le, the founder of China Auto Insights, walks us through the global EV sectors and how NIO fits into the ecosystem, its challenges and opportunitie
(Mar-21)- Emissions Trading Scheme - how does it compare with EU ETS? What does this mean for BRI?
Is there even such a thing as a "Super App"?
Bytedance - Developing a company as a product - Rui Ma - Tech Buzz China
The role of cryptocurrencies within Asian portfolio construction?
Zac Dychtwald- Young China Group