By Cheng Xiaonong on August 12, 2013
In my two previous articles published in the website China in Perspective on August 5 and 9 respectively I analyzed the movements of China’s hot money and their owners—fake foreign business people in China. This article is the last of the series; ...
Read more →By Cheng Xiaonong on August 9, 2013
In my article published in the website “China in perspective” on August 5 I analyzed the movements of China’s hot money and pointed out that in the past two and a half years, up to hundreds of billions of yuan of hot money got in and out of...
Read more →Cheng Xiaonong
During summer in China, the temperature there reached one new height after another. By contrast, the Chinese economy shivered with cold due to money shortage.
In late June this year, the whole of Chinese banking system experienced a sudden financial strain. Some banks...
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