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Posts Tagged banks


China’s Misreading Of The Global Economy

The Chinese leadership’s support of state capitalism is a worrying trend which does not portend well for the future.

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Excuse Me! How To Regulate Micropayments?

In China, you know something has become big when the government starts worrying about how to regulate it. (Come to think of it, that’s the way it is with most governments, not just China’s.) China’s central bank, the People’s Bank of China, has asked the Finance Department of People’s University in Beijing to come up [...]

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Chinese Government’s CSRC To Fund Managers: No Bad News

The Chinese government’s watchdog for equities, the CSRC (China Securities Regulatory Commission) has issued an edict to local fund managers that they are not to issue any pessimistic reports about equities during the Olympics in Beijing. My question is “Why bother?” The Shanghai market has been down 50% in the first half of the year, [...]

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Personal Lending + Web 2.0 + China = ?

Two new startups in China have now entered the field of Internet-based personal lending and finance in China, and according to this article in China Web 2.0 Review, one of them, PPDai has already received first-round funding for an undisclosed amount from Essentia Equity. The concept of personal lending is an outgrowth of microfinancing, which [...]

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