George Chen

The “hot money” war in China

By George Chen
November 19, 2010

MARKETS-CHINA/YUAN

By George Chen
The opinions expressed are the author’s own.

“Hot money” is the hot discussion among Chinese officials, investors and the media these days. The “hotter” the fund flows are, the more risk there is to China’s financial system, many officials believe. Naturally, “hot money” has become a top enemy of the central bank, just like inflation.

In Shanghai, prices fly high

By George Chen
November 18, 2010

H&M-CHINA/

By George Chen
The opinions expressed are the author’s own.

The other day one of my colleagues in Shanghai was happy to see her favorite fashion brand, Gap, finally arrived in China. That same day, November 11, China announced that inflation rose to a more than two-year high of 4.4 percent. It is no wonder then that, these days, Chinese people are complaining that almost everything is becoming more and more expensive including, of course, fashion.

GE’s Immelt loves China after all

By George Chen
November 10, 2010

MANUFACTURING CHINA GE

By George Chen
The opinions expressed are his own.

During a visit to Beijing on Tuesday, General Electric’s chief executive, Jeffrey Immelt, announced that GE would invest more than $2 billion to expand the company’s research and development in China.