Author: Sara Hsu
Publisher: Columbia University Press
ISBN: 0231551711
Category : Business & Economics
Languages : en
Pages : 430
Book Description
Financial technology—or fintech—is gaining in popularity globally as a way of making financial services more efficient and accessible. In rapidly developing China, fintech is taking off, catering to markets that state-owned banks and an undersized financial sector do not serve amid a backdrop of growing consumption and a large, tech-savvy millennial generation. It is becoming increasingly likely that some of China’s fintech firms will change the way the world does business. In China’s Fintech Explosion, Sara Hsu and Jianjun Li explore the transformative potential of China’s financial-technology industry, describing the risks and rewards for participants as well as the impact on consumers. They cover fintech’s many subsectors, such as digital payment systems, peer-to-peer lending and crowdfunding, credit card issuance, internet banks, blockchain finance and virtual currencies, and online insurance. The book highlights the disruption of traditional banking as well as the risks of fintech and regulatory technology. Hsu and Li describe major companies including Alipay and Tencent, developer of WeChat Pay and a wealth-management business, and other leading fintech firms such as Creditease, Zhong An Insurance, and JD Finance. Offering expert analysis of market potential, risks, and competition, as well as case studies of firms and consumer behavior, China’s Fintech Explosion is a must-read for anyone interested in one of the world’s breakout sectors.
China's Fintech Explosion
Author: Sara Hsu
Publisher: Columbia University Press
ISBN: 0231551711
Category : Business & Economics
Languages : en
Pages : 430
Book Description
Financial technology—or fintech—is gaining in popularity globally as a way of making financial services more efficient and accessible. In rapidly developing China, fintech is taking off, catering to markets that state-owned banks and an undersized financial sector do not serve amid a backdrop of growing consumption and a large, tech-savvy millennial generation. It is becoming increasingly likely that some of China’s fintech firms will change the way the world does business. In China’s Fintech Explosion, Sara Hsu and Jianjun Li explore the transformative potential of China’s financial-technology industry, describing the risks and rewards for participants as well as the impact on consumers. They cover fintech’s many subsectors, such as digital payment systems, peer-to-peer lending and crowdfunding, credit card issuance, internet banks, blockchain finance and virtual currencies, and online insurance. The book highlights the disruption of traditional banking as well as the risks of fintech and regulatory technology. Hsu and Li describe major companies including Alipay and Tencent, developer of WeChat Pay and a wealth-management business, and other leading fintech firms such as Creditease, Zhong An Insurance, and JD Finance. Offering expert analysis of market potential, risks, and competition, as well as case studies of firms and consumer behavior, China’s Fintech Explosion is a must-read for anyone interested in one of the world’s breakout sectors.
Publisher: Columbia University Press
ISBN: 0231551711
Category : Business & Economics
Languages : en
Pages : 430
Book Description
Financial technology—or fintech—is gaining in popularity globally as a way of making financial services more efficient and accessible. In rapidly developing China, fintech is taking off, catering to markets that state-owned banks and an undersized financial sector do not serve amid a backdrop of growing consumption and a large, tech-savvy millennial generation. It is becoming increasingly likely that some of China’s fintech firms will change the way the world does business. In China’s Fintech Explosion, Sara Hsu and Jianjun Li explore the transformative potential of China’s financial-technology industry, describing the risks and rewards for participants as well as the impact on consumers. They cover fintech’s many subsectors, such as digital payment systems, peer-to-peer lending and crowdfunding, credit card issuance, internet banks, blockchain finance and virtual currencies, and online insurance. The book highlights the disruption of traditional banking as well as the risks of fintech and regulatory technology. Hsu and Li describe major companies including Alipay and Tencent, developer of WeChat Pay and a wealth-management business, and other leading fintech firms such as Creditease, Zhong An Insurance, and JD Finance. Offering expert analysis of market potential, risks, and competition, as well as case studies of firms and consumer behavior, China’s Fintech Explosion is a must-read for anyone interested in one of the world’s breakout sectors.
Chinese Antitrust Exceptionalism
Author: Angela Zhang
Publisher: Oxford University Press
ISBN: 0192561197
Category : Law
Languages : en
Pages : 272
Book Description
China's rise as an economic superpower has caused growing anxieties in the West. Europe is now applying stricter scrutiny over takeovers by Chinese state-owned giants, while the United States is imposing aggressive sanctions on leading Chinese technology firms such as Huawei, TikTok, and WeChat. Given the escalating geopolitical tensions between China and the West, are there any hopeful prospects for economic globalization? In her compelling new book Chinese Antitrust Exceptionalism, Angela Zhang examines the most important and least understood tactic that China can deploy to counter western sanctions: antitrust law. Zhang reveals how China has transformed antitrust law into a powerful economic weapon, supplying theory and case studies to explain its strategic application over the course of the Sino-US tech war. Zhang also exposes the vast administrative discretion possessed by the Chinese government, showing how agencies can leverage the media to push forward aggressive enforcement. She further dives into the bureaucratic politics that spurred China's antitrust regulation, providing an incisive analysis of how divergent missions, cultures, and structures of agencies have shaped regulatory outcomes. More than a legal analysis, Zhang offers a political and economic study of our contemporary moment. She demonstrates that Chinese exceptionalism-as manifested in the way China regulates and is regulated, is reshaping global regulation and that future cooperation relies on the West comprehending Chinese idiosyncrasies and China achieving greater transparency through integration with its Western rivals.
Publisher: Oxford University Press
ISBN: 0192561197
Category : Law
Languages : en
Pages : 272
Book Description
China's rise as an economic superpower has caused growing anxieties in the West. Europe is now applying stricter scrutiny over takeovers by Chinese state-owned giants, while the United States is imposing aggressive sanctions on leading Chinese technology firms such as Huawei, TikTok, and WeChat. Given the escalating geopolitical tensions between China and the West, are there any hopeful prospects for economic globalization? In her compelling new book Chinese Antitrust Exceptionalism, Angela Zhang examines the most important and least understood tactic that China can deploy to counter western sanctions: antitrust law. Zhang reveals how China has transformed antitrust law into a powerful economic weapon, supplying theory and case studies to explain its strategic application over the course of the Sino-US tech war. Zhang also exposes the vast administrative discretion possessed by the Chinese government, showing how agencies can leverage the media to push forward aggressive enforcement. She further dives into the bureaucratic politics that spurred China's antitrust regulation, providing an incisive analysis of how divergent missions, cultures, and structures of agencies have shaped regulatory outcomes. More than a legal analysis, Zhang offers a political and economic study of our contemporary moment. She demonstrates that Chinese exceptionalism-as manifested in the way China regulates and is regulated, is reshaping global regulation and that future cooperation relies on the West comprehending Chinese idiosyncrasies and China achieving greater transparency through integration with its Western rivals.
China’s Digital Economy: Opportunities and Risks
Author: Ms.Longmei Zhang
Publisher: International Monetary Fund
ISBN: 1484389700
Category : Business & Economics
Languages : en
Pages : 24
Book Description
China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
Publisher: International Monetary Fund
ISBN: 1484389700
Category : Business & Economics
Languages : en
Pages : 24
Book Description
China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
China's Race to Global Technology Leadership
Author: Alessia Amighini
Publisher: Ledizioni
ISBN: 8867059912
Category : Political Science
Languages : en
Pages : 90
Book Description
The current trade war between the US and China looks like a small piece in a much larger puzzle over world leadership in which China plays the part of the ascending challenger seeking to upset the existing balance of power. Technology and innovation seem to be Beijing's weapons of choice in its frontal assault on Washington in sectors traditionally led by the US. China is not only acquiring technology. Its ambitions include the regulation of international trade and global governance. Just what a China-led global order would look like is still unclear, but the inherent side-effects of technology need to be meticulously assessed, as they have the potential to alter the core values of modern societies. To what extent will technology facilitate China's rise?
Publisher: Ledizioni
ISBN: 8867059912
Category : Political Science
Languages : en
Pages : 90
Book Description
The current trade war between the US and China looks like a small piece in a much larger puzzle over world leadership in which China plays the part of the ascending challenger seeking to upset the existing balance of power. Technology and innovation seem to be Beijing's weapons of choice in its frontal assault on Washington in sectors traditionally led by the US. China is not only acquiring technology. Its ambitions include the regulation of international trade and global governance. Just what a China-led global order would look like is still unclear, but the inherent side-effects of technology need to be meticulously assessed, as they have the potential to alter the core values of modern societies. To what extent will technology facilitate China's rise?
Informal Finance in China
Author: Jianjun Li
Publisher:
ISBN: 0195380649
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Informal finance consists of nonbank financing activities, whether conducted through family and friends, local money houses, or other types of financial associations. It has provided much-needed financing to small and medium enterprises (SMEs) in particular, in the face of a tightly constrained and overburdened formal banking system. Unable to obtain a bank loan, firms have relied upon individuals and informal organizations outside of the banking system to obtain financing for their ventures or working capital (operating funds). Presently there is a scarcity of information on informal finance in China and it is expected to have a significant impact upon GDP and money supply. This book, with contributions from leading scholars, describes the evolution, characteristics, and variation of informal finance in China from American and Chinese perspectives. Literature by Jiang Shuxia, Jiang Xuzhao, and Li Jianjun has heretofore been available only in Chinese, while work by Kellee Tsai, Jianwen Liao, Harold Welsch, David Pistrui, and Sara Hsu has been available in English. For the first time, they come together to discuss informal financing and its many aspects. Most of the essays are based upon original survey research conducted locally, as this type of data is not normally collected by the government. The papers pioneer the description and analysis of the nuances of informal finance from several perspectives; the authors look at the social, cultural, political, and economic causes of informal finance, its many variations, and its economic, personal, and political ramifications.
Publisher:
ISBN: 0195380649
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Informal finance consists of nonbank financing activities, whether conducted through family and friends, local money houses, or other types of financial associations. It has provided much-needed financing to small and medium enterprises (SMEs) in particular, in the face of a tightly constrained and overburdened formal banking system. Unable to obtain a bank loan, firms have relied upon individuals and informal organizations outside of the banking system to obtain financing for their ventures or working capital (operating funds). Presently there is a scarcity of information on informal finance in China and it is expected to have a significant impact upon GDP and money supply. This book, with contributions from leading scholars, describes the evolution, characteristics, and variation of informal finance in China from American and Chinese perspectives. Literature by Jiang Shuxia, Jiang Xuzhao, and Li Jianjun has heretofore been available only in Chinese, while work by Kellee Tsai, Jianwen Liao, Harold Welsch, David Pistrui, and Sara Hsu has been available in English. For the first time, they come together to discuss informal financing and its many aspects. Most of the essays are based upon original survey research conducted locally, as this type of data is not normally collected by the government. The papers pioneer the description and analysis of the nuances of informal finance from several perspectives; the authors look at the social, cultural, political, and economic causes of informal finance, its many variations, and its economic, personal, and political ramifications.
The Future of Finance
Author: Henri Arslanian
Publisher: Springer
ISBN: 3030145336
Category : Business & Economics
Languages : en
Pages : 318
Book Description
This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.
Publisher: Springer
ISBN: 3030145336
Category : Business & Economics
Languages : en
Pages : 318
Book Description
This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.
Emancipation After Hegel
Author: Todd McGowan
Publisher: Columbia University Press
ISBN: 023154992X
Category : Political Science
Languages : en
Pages : 296
Book Description
Hegel is making a comeback. After the decline of the Marxist Hegelianism that dominated the twentieth century, leading thinkers are rediscovering Hegel’s thought as a resource for contemporary politics. What does a notoriously difficult nineteenth-century German philosopher have to offer the present? How should we understand Hegel, and what does understanding Hegel teach us about confronting our most urgent challenges? In this book, Todd McGowan offers us a Hegel for the twenty-first century. Simultaneously an introduction to Hegel and a fundamental reimagining of Hegel’s project, Emancipation After Hegel presents a radical Hegel who speaks to a world overwhelmed by right-wing populism, authoritarianism, neoliberalism, and economic inequalities. McGowan argues that the revolutionary core of Hegel’s thought is contradiction. He reveals that contradiction is inexorable and that we must attempt to sustain it rather than overcoming it or dismissing it as a logical failure. McGowan contends that Hegel’s notion of contradiction, when applied to contemporary problems, challenges any assertion of unitary identity as every identity is in tension with itself and dependent on others. An accessible and compelling reinterpretation of an often-misunderstood thinker, this book shows us a way forward to a new politics of emancipation as we reconcile ourselves to the inevitability of contradiction and find solidarity in not belonging.
Publisher: Columbia University Press
ISBN: 023154992X
Category : Political Science
Languages : en
Pages : 296
Book Description
Hegel is making a comeback. After the decline of the Marxist Hegelianism that dominated the twentieth century, leading thinkers are rediscovering Hegel’s thought as a resource for contemporary politics. What does a notoriously difficult nineteenth-century German philosopher have to offer the present? How should we understand Hegel, and what does understanding Hegel teach us about confronting our most urgent challenges? In this book, Todd McGowan offers us a Hegel for the twenty-first century. Simultaneously an introduction to Hegel and a fundamental reimagining of Hegel’s project, Emancipation After Hegel presents a radical Hegel who speaks to a world overwhelmed by right-wing populism, authoritarianism, neoliberalism, and economic inequalities. McGowan argues that the revolutionary core of Hegel’s thought is contradiction. He reveals that contradiction is inexorable and that we must attempt to sustain it rather than overcoming it or dismissing it as a logical failure. McGowan contends that Hegel’s notion of contradiction, when applied to contemporary problems, challenges any assertion of unitary identity as every identity is in tension with itself and dependent on others. An accessible and compelling reinterpretation of an often-misunderstood thinker, this book shows us a way forward to a new politics of emancipation as we reconcile ourselves to the inevitability of contradiction and find solidarity in not belonging.
Historical Dictionary of the Financial System in China
Author: Lawrence R. Sullivan
Publisher: Rowman & Littlefield
ISBN:
Category : History
Languages : en
Pages : 455
Book Description
Major themes in the history of finance in China reflect the persistent tension between a powerful state guiding the economy versus vibrant market forces operating according to basic commercial principles. Included is the continuity and discontinuity of financial developments in imperial and modern history; creation of a modern banking system beginning in the late nineteenth century; and emergence of complex and sophisticated financial institutions and products since the introduction of economic reforms in the People’s Republic of China in 1978-1979. The Historical Dictionary of the Financial System in China contains a chronology, an introduction, and an extensive bibliography. The dictionary section has more than 300 cross-referenced entries on important financiers, entrepreneurs, and government officials involved in finance, large state-owned banks (SOBs), state-owned enterprises (SOEs), hedge funds, exchange-traded funds, and asset-management companies. This book is an excellent resource for students, researchers, and anyone wanting to know more about the Chinese financial system.
Publisher: Rowman & Littlefield
ISBN:
Category : History
Languages : en
Pages : 455
Book Description
Major themes in the history of finance in China reflect the persistent tension between a powerful state guiding the economy versus vibrant market forces operating according to basic commercial principles. Included is the continuity and discontinuity of financial developments in imperial and modern history; creation of a modern banking system beginning in the late nineteenth century; and emergence of complex and sophisticated financial institutions and products since the introduction of economic reforms in the People’s Republic of China in 1978-1979. The Historical Dictionary of the Financial System in China contains a chronology, an introduction, and an extensive bibliography. The dictionary section has more than 300 cross-referenced entries on important financiers, entrepreneurs, and government officials involved in finance, large state-owned banks (SOBs), state-owned enterprises (SOEs), hedge funds, exchange-traded funds, and asset-management companies. This book is an excellent resource for students, researchers, and anyone wanting to know more about the Chinese financial system.
The Emerald Handbook of Fintech
Author: H. Kent Baker
Publisher: Emerald Group Publishing
ISBN: 1837536082
Category : Business & Economics
Languages : en
Pages : 529
Book Description
The Emerald Handbook of Fintech offers a detailed, user-friendly examination of the technologies and products reshaping the financial technology industry from leading global scholars and practitioners.
Publisher: Emerald Group Publishing
ISBN: 1837536082
Category : Business & Economics
Languages : en
Pages : 529
Book Description
The Emerald Handbook of Fintech offers a detailed, user-friendly examination of the technologies and products reshaping the financial technology industry from leading global scholars and practitioners.
Universality and Identity Politics
Author: Todd McGowan
Publisher: Columbia University Press
ISBN: 0231552300
Category : Philosophy
Languages : en
Pages : 127
Book Description
The great political ideas and movements of the modern world were founded on a promise of universal emancipation. But in recent decades, much of the Left has grown suspicious of such aspirations. Critics see the invocation of universality as a form of domination or a way of speaking for others, and have come to favor a politics of particularism—often derided as “identity politics.” Others, both centrists and conservatives, associate universalism with twentieth-century totalitarianism and hold that it is bound to lead to catastrophe. This book develops a new conception of universality that helps us rethink political thought and action. Todd McGowan argues that universals such as equality and freedom are not imposed on us. They emerge from our shared experience of their absence and our struggle to attain them. McGowan reconsiders the history of Nazism and Stalinism and reclaims the universalism of movements fighting racism, sexism, and homophobia. He demonstrates that the divide between Right and Left comes down to particularity versus universality. Despite the accusation of identity politics directed against leftists, every emancipatory political project is fundamentally a universal one—and the real proponents of identity politics are the right wing. Through a wide range of examples in contemporary politics, film, and history, Universality and Identity Politics offers an antidote to the impasses of identity and an inspiring vision of twenty-first-century collective struggle.
Publisher: Columbia University Press
ISBN: 0231552300
Category : Philosophy
Languages : en
Pages : 127
Book Description
The great political ideas and movements of the modern world were founded on a promise of universal emancipation. But in recent decades, much of the Left has grown suspicious of such aspirations. Critics see the invocation of universality as a form of domination or a way of speaking for others, and have come to favor a politics of particularism—often derided as “identity politics.” Others, both centrists and conservatives, associate universalism with twentieth-century totalitarianism and hold that it is bound to lead to catastrophe. This book develops a new conception of universality that helps us rethink political thought and action. Todd McGowan argues that universals such as equality and freedom are not imposed on us. They emerge from our shared experience of their absence and our struggle to attain them. McGowan reconsiders the history of Nazism and Stalinism and reclaims the universalism of movements fighting racism, sexism, and homophobia. He demonstrates that the divide between Right and Left comes down to particularity versus universality. Despite the accusation of identity politics directed against leftists, every emancipatory political project is fundamentally a universal one—and the real proponents of identity politics are the right wing. Through a wide range of examples in contemporary politics, film, and history, Universality and Identity Politics offers an antidote to the impasses of identity and an inspiring vision of twenty-first-century collective struggle.