Victor C. Shih is a political economist at Northwestern University specializing in China. An immigrant to the United States from Hong Kong, Dr. Shih received his doctorate in Government from Harvard University, where he researched banking sector reform in China. He is the author of a new book published by the Cambridge University Press entitled Factions and Finance in China: Elite Conflict and Inflation. It is the first book to inquire the linkages between elite politics and banking policies in China. He is further the author of numerous articles appearing in academic and business journals, including The China Quarterly, Comparative Political Studies, and The Asian Wall Street Journal, and frequent adviser to the private sector on the banking industry in China. Dr. Shih holds a B.A. from the George Washington University, where he graduated summa cum laude in East Asian studies with a minor in economics. His current research concerns elite political dynamics in China and Chinese fiscal policies.
Recent Blog Posts by Victor Shih
- A Reply to My Critics on Local Debt
- Looming Problem of Local Debt in China– 1.6 Trillion Dollars and Rising
- Let’s Look at China’s Liabilities Again
- A Tidal Wave of New Credit in China
- Chinese Banks Are Not Good Students
- Deflation, Lending Slow-down in China, Now What?
- What did 5 Trillion RMB Buy?
- Hu Jintao Said….
- Are Unemployed Migrant Workers Similar to Laid Off SOE Workers?
- Unemployment in China…Oh Boy
- Dear Chinese Banks Shareholders….
- “Will job losses lead to social unrest?” My Take
- Workers are angry; the (central) government pays
- Who is getting the money?
- A Tour of the Stimulus Package and Beyond
- Big Bad Banks are Back
- Incentives Faced by CIC Managers
- Bundling in China
- Restructuring inside the PBOC
- Michael is right: policy priority shifted
- Who Pays the Price of Price Control: Consumers and now Shareholders
- Inflation equals monetary tightening equals asset deflation













