Tag Archives: capital

Kong Dan: The Chinese Communist Party has Long led the Market Economy; It Needs to Be Good at Controlling capital

[Interesting article, especially the second half.  Lots of boring three thises, the five thats and seven thats in the first half.  Reminds me of what I read in the bad old days.  The numbers never really went away but they … Continue reading

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Wu Xiaoping Controversy: Time for China to Move Away from Market Economy?

A prof at Renmin University told me in the late 1990s that some people argued in the 1970s that China needed to go backwards from socialism to a market economy in order to achieve communism since market->socialism rather than a … Continue reading

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Summary: What Can Be Done to Help Small and Medium Sized Enterprises Raise Capital?

Ten years ago my old college Chinese history teacher, Jack Langlois, who had moved on to greater things at Morgan Stanley, sat on the board of the Bank of Nanjing as the only foreigner.  He told me that Chinese banks … Continue reading

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