"As business people, our goal is to reduce complexity," said Kent Kedl, greater China and north Asia managing director for global risk consultancy Control Risks. "China resists that at every turn."
In a lively discussion with China bear Jim Chanos, economist (and China bull) Stephen Roach notes the key areas of reform he thinks China will implement to continue on a succesful path for growth.
Standard & Poor's possible downgrade of India's investment status "reflects some of the current problems India is having," U.S. Ambassador to India Nancy Powell said Friday at Asia Society Studios in New York.
Credit is tightening, economic growth is moderating, and property prices are finally falling, yet Asia remains one of the few true growth regions of the world, writes Sheridan Prasso.
U.S. companies recieved $5 billion in Chinese investments in 2010, but it "may be only the beginning of a tidal wave of direct Chinese investment in American businesses," James Flanigan wrote yesterday in a New York Times article on Asia Society's recently released special report, "An American Open Door?"