John's Feed
Jul 31, 2015
via Breakingviews

Olympics committee gets it right with Beijing 2022

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

It’s easy to think of things that the Olympic Games isn’t. An aid to economic development; a destroyer of dictatorships; a bringer of enduring respect to its host countries. Strip away the silly idea that it will fulfil any of these roles, and what’s left is a fun sporting event. In choosing Beijing for the 2022 Winter Games, the International Olympic Committee may finally have got it right.

Jul 31, 2015
via Breakingviews

Olympics committee gets it right with Beijing 2022

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

It’s easy to think of things that the Olympic Games isn’t. An aid to economic development; a destroyer of dictatorships; a bringer of enduring respect to its host countries. Strip away the silly idea that it will fulfil any of these roles, and what’s left is a fun sporting event. In choosing Beijing for the 2022 Winter Games, the International Olympic Committee may finally have got it right.

Jul 29, 2015
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Varoufakis gives Greece the gift of a scapegoat

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The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

Scapegoat isn’t a Greek word. But it is a concept with which the debt-stricken country is familiar. Pharmakoi, as the victims were called, were once cast out to atone for the sins of the community. Former Greek finance chief Yanis Varoufakis, who has given an alarming account of plans to hack state computer systems, might be a modern day version.

Jul 29, 2015
via Breakingviews

Varoufakis gives Greece the gift of a scapegoat

Photo

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

Scapegoat isn’t a Greek word. But it is a concept with which the debt-stricken country is familiar. Pharmakoi, as the victims were called, were once cast out to atone for the sins of the community. Former Greek finance chief Yanis Varoufakis, who has given an alarming account of plans to hack state computer systems, might be a modern day version.

Jul 28, 2015
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Why it’s a bad idea for China to prop up its stock market

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s pledges to prop up the stock market are unwise. It didn’t have to be this way – if only the country’s authorities had been able to resist the lure of inflating asset prices. That’s a challenge few governments have met.

Jul 28, 2015
via Breakingviews

Why it’s a bad idea for China to prop up its stock market

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s pledges to prop up the stock market are unwise. It didn’t have to be this way – if only the country’s authorities had been able to resist the lure of inflating asset prices. That’s a challenge few governments have met.

Jun 26, 2015
via Breakingviews

Rising China: a required reading list

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By John Foley and Edward Hadas

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

China has towering international influence and a huge population. It will soon be home to the world’s largest economy. But it’s hard to know what makes the People’s Republic tick. Enter the Breakingviews required reading list, guaranteed free of books with “dragon” in the title.

Jun 26, 2015
via Breakingviews

Rising China: a required reading list

Photo

By John Foley and Edward Hadas

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

China has towering international influence and a huge population. It will soon be home to the world’s largest economy. But it’s hard to know what makes the People’s Republic tick. Enter the Breakingviews required reading list, guaranteed free of books with “dragon” in the title.

Jun 26, 2015
via Breakingviews

IPO madness in China stock markets is relative

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The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

Will China’s stock markets become rational before they become international? The performance of Guotai Junan suggests not.

May 18, 2015
via Breakingviews

China’s lodestar is not reform but avoiding chaos

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s policymakers talk much of reform. What really drives them is something different: a fear of chaos. The treatment of the country’s local government debt pile is an example of risk aversion getting the upper hand. The strategy is imperfect, but also right.

    • About John

      "John Foley is Reuters Breakingviews' editor for Europe, the Middle East and Africa. He relocated from Beijing in July 2015. John established Breakingviews’ Hong Kong bureau in 2009, and has written on China’s economy and financial system, mergers and acquisitions, capital markets and consumer goods. Follow John on Twitter @johnsfoley"
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