China promises much but it won't be easy
In China, anything is possible, but everything is difficult. That is how one participant at Summer Davos, the annual meeting of the World Economic Forum in China, described doing business in China to me.
It's not the first time that I have heard that phrase, but after listening to the speech of the Chinese Premier Li Keqiang and chairing a few sessions, I was duly reminded.
The Chinese premier told the plethora of business leaders that China wasn't targeting foreign companies in its anti-corruption probe.
Just 10% of the investigations involved multinational companies. He also emphasised that the vast domestic market will be more open to competition, a concern of private firms — foreign and Chinese.
Premier Li says that market competition is the way to increase innovation, which many agree is key to sustaining China's growth.
Alibaba - set to be the largest US IPO in history
Alibaba seeks to raise up to $24.3 billion (£15bn) in its share sale, which would be more than the previous record amount of money raised by the Agricultural Bank of China of $22.1 billion. In other words, Alibaba would be the biggest IPO in history.
It's embarking on a roadshow that will finalise its share price, which is in the range of $60-66 per share, and expects to set the price on September 18 with trading on the New York Stock Exchange starting the next day.
Alibaba prepares record breaking share sale
Next week, Alibaba is expected to sell shares for the first time in an initial public offering (IPO) in New York.
It could raise $20 billion (£12bn) which would make it bigger than Facebook's IPO, which raised $16 billion in 2012 and was the previous biggest share sale for an internet company.
Divergent fortunes and what they mean for interest rates
Despite many years of increasing globalisation in many aspects of business, finance and economics, the world seems to be diverging. So how has this happened?
Sitting in Berlin, I am reminded that even that formerly reliable engine of growth, the German economy, contracted by 0.2% in the second quarter. Italy has fallen back into recession. France was stagnant, as was even the Swiss economy - which isn't in the eurozone, but is clearly affected by it.
China’s property conundrum
The various steps that China is taking to stem house price rises seems to be working, but can the government manage an orderly slowdown in the property sector?
The latest move is to reduce the reliance of local governments on the property market by allowing them to finance themselves through bonds, albeit for limited purposes.
Third time lucky for French President Francois Hollande?
French President Francois Hollande has reshuffled his government with a more reform-minded economy minister.
In Talking Business this week, I reviewed some of the big debates, including France's ambitious reform programme.
Why the bond markets fear Argentina's debt crisis
In a week's time, Argentina could face another default. This time, there could be a severe impact not just in terms of economic growth but also on bond markets worldwide.
A US court has ordered Argentina to meet with its creditors "continuously" from today until they agree a deal.
Islamic banking: Growing fast but can it be more than a niche market?
For years, Islamic banks have been growing at a double digit pace.
Ernst and Young (E&Y), in their latest World Islamic Banking Competitiveness report, shows the assets of Islamic banks grew at an average rate of 17% per year between 2008 and 2012.
Is GDP the least worst alternative?
A data release consistently noted for its importance among businesses, GDP has come under scrutiny and was recently overhauled for major economies.
Is it still a useful measure?
Another proponent for QE in the euro zone
In the International Monetary Fund's annual review of the eurozone economy, it concluded that the European Central Bank (ECB) should undertake quantitative easing (QE) if inflation remains too low.
The International Monetary Fund (IMF) also answers the 'how' question that has been under debate. They recommend that the ECB buy government bonds in proportion to the capital key of the central bank.