Bill Mundell TianjinI would like to express, first of all, my appreciation to Mayor Huang for the invitation to be here today and for his leadership in making Tianjin a preferred destination for foreign capital. The extraordinary growth of Tianjin is a testament to a great vision and superb execution. More…

xi jinping obamaWhen Chinese President Xi Jinping meets Friday and Saturday with President Obama at the Sunnylands estate in Rancho Mirage, the agenda will likely focus on the same issues that have dogged the relationship for years – currency values, North Korea, protection of intellectual property, human rights More…

Asia TimesWhen Chinese President Xi Jinping meets President Obama tomorrow at Sunnylands, California, the agenda will likely be populated with the same issues that have dogged the relationship for years – currency values, North Korea, protection of intellectual property, human rights – and some newer ones that have heated up recently, such as cyber-security and conflict in the South China Sea. More…

china_us_flagCalifornian Governor Jerry Brown had the engagement rules straight for his followers: offer your business card with two hands; clap along if others clap; do not present clocks or knives; arrival gifts for your friends and clients are welcome. And, as Brown said upon arriving in Beijing on Tuesday, in his first trip to China since 1986, ”California is a green state and loves greenbacks”, which are now mostly in Beijing’s coffers, the governor hinted. More…

The New Grand Bargain

February 2, 2013

It’s time to speak about a potential new Grand Bargain – not the side show we just witnessed in Washington DC – but how unlocking the US$3.5 trillion of capital sitting in Beijing could be transformational to the growth of the world economy. One economic relationship – not only because of its size but because of its ability to shift the psychological momentum – can change everything. If we can find a way to unravel the economic stalemate between China and the US, and create a flow of capital free of political constraints, we can change the economic trajectory of the world economy for the next decade. This is where our energy should be focused. More…

Bill Mundell speaks at the 2012 Forum on the Global Economy, Beijing, China More…

Pity poor Gov. Jerry Brown. The challenges he is responsible for resolving are not of his making. But when he threatens deeper cuts to services if voters don’t pass his tax-increase measures, then it is definitely his mistake. It is a big mistake because he wants to solve new problems with old ideas. This has never worked. More…

Europe is in the grip of political and cultural deadlock after elections in France and Italy delivered a thumbs down to Germany’s virtuous austerity measures, while Greece, whose debts are a fuse for the eurozone crisis, exposed the nature of the divide. Time is running short for the survival of the euro, and as the edifice quakes, eerie signs of social unrest are shaking troubled memories. – Francesco Sisci.  More…

CALIFORNIA, the dream of dreams, the ultimate vision of America and the world, the land of the gold rush, Hollywood, Silicon Valley, is stuck. But it can and must restart its power; we must take back our future. How can we get back our prosperity, our dream? First, we must know this: The present crisis in California, in fact, is not just about its finances, it is not just about the mountain of debts threatening to crash the eighth largest economy in the world. It is about the rights of the people of California to their common wealth. More…

Africa Prebrief Cedric Muhammad: A very thoughtful and stimulating piece relevant to where we think Africa is headed this decade appeared in Forbes last week co-authored by William Mundell, the former CEO of the WEFA Group who is developing a banking franchise in Africa to fund small and mid-sized businesses and Economist Reuven Brenner who holds the Repap Chair at McGill‟s Desautels Faculty of Management, serves on the Board of McGill’s Pension Fund and Investment Committee and who has advised large funds, corporations and executed entrepreneurial ventures of his own. We include the food-for-thought article below, inserting our commentary and references to past client pieces. More…

At a recent Townhall event, under Republican pressure to cut spending, President Barack Obama defended foreign aid. He made the point that it allows “Americans to be a leader in the world, to have influence, to help stabilize countries, create opportunity for people so that they don’t breed terrorists or create huge refugee populations flows.” More…

Mickey Kaus – Newsweek – Gerrymandering foe Bill Mundell (he made a movie on the subject) argues that there’s a surprise benefit in taking away from politicians the power to carve district lines—even if a less politicized process doesn’t replace “safe” seats with more competitive districts: Even if redistricting reform doesn’t produce a single newly competitive district, taking the power to draw lines away from the party caucuses will still have a salutary effect on our representative democracy. When the line-drawing process is in the hands of the party leaders, legislators feel compelled to toe the party line to preserve their futures. If it does nothing else, redistricting reform will empower intra-party dissenters in a way that enhances the free flow of ideas that should be a normal part of the legislative process.  More…