Interview with China’s Internet Godfather
The Financial Time’s Kathrin Hille interviews Jack Ma, founder and chairman of China’s online trading site Alibaba.com. View the video here: Although China’s economy is so far faring better than others,...
microcredit
Microcredit Lenders Emerging In China
From China Daily: Microcredit lenders, once the quaint peripheral players in China’s mammoth financial system, are emerging from the shadows of the State-owned banks as white knights to thousands of small, cash-strapped...
Nobel Laureate Proposes Loans to Rural China – Victoria Shannon
From International Herald Tribune via Chinadaily: Muhammad Yunus, the Nobel Peace Prize laureate, said Sunday that he was working with the Chinese government to bring his Grameen Bank lending system to rural China within a year. Yunus, at a news conference at the opening of the ITU Telecom World gathering, being held for the first […]
China to encourage microcredit development to boost employment – People’s Daily
From People’s Daily Online: China’s central bank is to encourage the development of microcredit in a bid to boost employment, said a deputy governor of the People’s Bank of China on Wednesday. Wu Xiaoling said at a meeting that the bank would establish a long-term re-employment system through facilitating microcredit. [Full Text]
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