By Manuel Martinez During China’s Reforming and Opening-up efforts to gradually transform its economy into a quasi market economy, its financial system has been subject to constant modifications. China has set the ground rules to develop its financial system, from the creation of regulatory authorities and the modernization of state-owned banks to setting the framework for the participation of foreign banks.  As China has become … Continue reading The Role of Foreign Banks in Consumer Led China: The Need for Increased Competition

By Sihan Chen Doing business in China has never been an easy task for American companies. Despite the tremendous growth of the Chinese economy during the past few decades and the fact that China’s GDP is already half of the US’s, China typically accounts for only a small portion of the revenues and profits of American companies. This is primarily due to a few major … Continue reading The Art of Adaptation