Word: kroeber
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...What China will likely not do is buy direct stakes in troubled banks, says economist Arthur Kroeber of Beijing-based Dragonomics consultants. "They have been burned already and will be very cautious," Kroeber says, referring to previous multibillion-dollar investments in companies like Blackstone and Morgan Stanley that have plunged in value. On Oct. 6, Ping An, one of China's largest insurance companies, announced it was forced to take a $2.3 billion write-off on an investment it made in the ailing Dutch-Belgian financial giant Fortis...
...China's export-driven economy will suffer in a global slowdown, but the country is in a better position than many to ride out the storm, argues Kroeber of Dragonomics. "Commodity price are falling, reducing the price of manufacturing. And in any case, China makes the things you buy in Wal-mart and people will keep shopping there. It's countries that produce more high-end goods that will be worse affected...
...this guitar-and-drums duo contributes equally to the group’s mellow indie-folk sound. And presumably, the fact that neither claims to be the other’s ex-spouse makes things less complicated. The Dodos are singer and songwriter Meric Long and drummer Logan Kroeber. Unlike Meg White, Kroeber actually seems capable of keeping time and playing his instrument. He forms a significant and complicated part of the group’s sound, which favors the use of percussive elements as more than just backing. “Visiter” contains soothing and sweet indie...
...developers too frequently adopt a "build it and they will come" mind-set. Feasibility reports or market surveys are rare. Plans often stress sheer size over appropriate locations. "A lot of [China's] wealth remains concentrated in the metropolitan bases, such as Beijing, Shanghai and Shenzhen," says Arthur Kroeber, director of the market-research firm Dragonomics. "But that doesn't mean that those areas can support an infinite number of malls...
...follow orders. The official Chinese media repeatedly feature stories on how local administrators ignore orders from Beijing on everything from controlling public spending and cracking down on corruption to protecting the environment. "Mining is the perfect case study of central-government relations with local government in China," says Arthur Kroeber, editor of the China Economic Quarterly. "The clash is between the central government's desires and the local government's pressing economic needs, and in 99 cases out of 100, local government wins...