Over the past two years, China has seen a proliferation of state-endorsed experiments representing...
by Cindy | Oct 28, 2015
The Chinese government is preparing to launch a controversial credit score system that will...
by Xiao Qiang | Feb 18, 2007
From The Independent Online: China yesterday tightened its grip on credit in an attempt to prevent the torrent of cash generated by its ballooning trade surplus from overheating the economy. In a surprise announcement on the eve of the Chinese new year holidays, the People’s Bank of China ordered lenders to park another half a […]
by Michael Zhao | Apr 6, 2006
From Xiandai Kuaibao via Xinhua News Agency (in Chinese), translated by CDT (link): Three reasons are behind the dropping consumption among Chinese and rising deposits: unstable income level, uncertain spendings and unsound consumption credit system. People have to increase their deposits, as a result of increased uncertainty in their job stability, as more competition is […]
From the Archives
Cohort of the Week: Rich Second Generation
Oct 22, 2015
Yan Lianke: Finding Light in China’s Darkness
Oct 22, 2014
China-Based Executives See Less Fraud
Oct 22, 2013
China party chief appeals for unity after purge - Benjamin Kang Lim
Oct 22, 2006