The dismal decade (Part 5: China and Japanification risks)

The dismal decade (Part 5: China and Japanification risks) Phuah Eng Chye (27 April 2024) In June 2023, Nomura Research’s Richard C. Koo[1] warned that China’s real estate malaise were symptoms of the potential Japanification of its economy. Richard C. Koo cautioned “China was likely to enter a balance sheet recession and needed to take … “The dismal decade (Part 5: China and Japanification risks)”

Read More

China’s model (Part 2: Digital China and the information society)

China’s model (Part 2: Digital China and the information society) Phuah Eng Chye (8 April 2023) In the 1990s, China appeared a stumbling giant and deemed unlikely to mount an economic threat to the dominant West. Yet, China’s approach of tapping a mix of state owned and private enterprises to fuse state intervention with market … China’s model (Part 2: Digital China and the information society)

Read More