Editorials
JPMorgan Forecasts USD40 Billion Rush After Mainland Markets Join MSCI Index
China's mainland stock markets' inclusion in the MSCI Emerging Market Index, pegged for June 1, could bring USD40 billion into the country, according to an executive at JPMorgan & Chase Co.
Trump’s Approach to Resolve Trade Disputes With China Is Primitive, Says Nobel Laureate
Trump’s Approach to Resolve Trade Disputes With China Is Primitive, Says Nobel Laureate. Joseph Stiglitz, Trade Deficit, China, USA. The…
China Should Consider Booting the US From the WTO
In an attempt to stem China’s “economic aggression,” US President Donald Trump signed a memorandum imposing crushing trade sanctions on China, including…
Tencent Aims to Hold Off NetEase in Gaming Market With Shanda Tie-Up
Tencent Holding Ltd’s decision to pump CNY3 billion into Shanda Games Ltd. earlier this month and collaborate on future products…
‘Golden Era’ in China-Britain Relations Gets Boost With UK PM May’s Visit
British Prime Minister Teresa May, accompanied by a large business delegation, visited China January 31- February 2. She met with…
China Must Crack Down on Earnings Manipulation at Public Companies
Several companies listed on the A-share market announced a swing into the red in their latest earnings reports. Fluctuations in…
Cryptocurrencies Are Not Fiat Money, Still Pose Financial Risks
Cryptocurrency speculation has become a global phenomenon over the past year, and despite China’s best efforts to cut back on digital currency investment, there are still major financial risks.
Qudian’s CEO Blames Himself for Online Lender’s Ropy Public Image
Luo Min, chief executive of online lending platform Qudian Inc.[NYSE:QD], believes his company struggles to woo the public because he doesn’t make many public appearances.
China Needs to Shift Focus From Mere GDP Growth to High-Quality Growth
As China’s provinces are about to announce local gross domestic product (GDP) figures soon, the governments of Tianjin and…
China-US Trade War Would See No Victor, Think Tank Says
Most participants at the China Economic Forum believe both China and the US will lose if a trade war breaks out.
China Eases Foreign Investment Restrictions to Open Economy
As a new vehicle for economic opening, free-trade areas (FTAs) are tasked with pioneering new economic and administrative reforms. The…
![[Editorial] Easy Lending Drives Overspending -- The Problems Behind China’s Payday Loans](https://www.yicaiglobal.com/sites/default/files/styles/view_large/public/2.15%E7%A4%BE%E8%AE%BA%EF%BC%9A%E8%AD%A6%E6%83%95%E8%BF%87%E5%BA%A6%E6%B6%88%E8%B4%B9%E8%83%8C%E5%90%8E%E2%80%9C%E9%87%91%E8%9E%8D%E4%B9%8B%E6%89%8B%E2%80%9D%20IC.jpg?itok=4D4U_CgI "[Editorial] Easy Lending Drives Overspending -- The Problems Behind China’s Payday Loans")
[Editorial] Easy Lending Drives Overspending -- The Problems Behind China’s Payday Loans
Consumption has played a key role in driving the growth of China’s economy over the past few years. Consumer credit…