Author: mansone18

As the economy rapidly grew in China, demand also grew for credit, especially to companies that cannot qualify for a bank loan. “A decade ago, conventional banks, which are almost all state-owned and tightly regulated, accounted for virtually all lending in China”, but this new demand let to a accelerating growth in shadow banking in… Continue reading Shadow Banking in China →

The Chinese Government has recently announced that “the government will let domestic grain prices be decided by the market, with the state’s price support no longer playing a role” (Terazono 2016). This position differs from a year ago when Chinese price support policy was “moving in the opposite direction from developed countries, which are gradually reducing such… Continue reading Effects on Chinese Agricultural Price Supports →