The Economist Logo

China’s Financial System: Red Mist

The worlds second largest financial system in China is somewhat like James Bond, a man or in this case, an institute of mystery. Who is it that calls all the shots? Who is it that decides where the money is spent and exactly what it is spent on? Working out who is really in charge is almost impossible. Keep reading to find out more.

To read more, click here.

(image source)

Similar Posts

  • Air-Conditioning: Keeping Cool and Green

    The future holds good news for those who like to remain comfortable. Recent technological developments in the air-conditioning climate control industry indicate that society is in for some slightly more environmentally responsible, financially savvy, air conditioning in the future. Most of our current air conditioners use refrigerants in order to operate. However, these involve high…

  • Art and Medicine: The Study of Bodies in Motion

    Is art and science truly incompatible? “Performing Medicine” is a new series of performances, workshops, and lectures run by British theatre director, Suzy Willson. The series of performances questions the compatibility of the arts and the sciences, but provides no answers. This season, performances are based on the theme of anatomy — what we know…

  • Moving to Flow

    Background What is lean? The majority of people when asked this question reply “waste elimination”. This is true. However, Taiichi Ohno’s original definition of lean was “the complete and thorough elimination of waste to reduce the timeline from receipt of customer order to delivery”. To achieve this more complete definition necessitates the creation of product…

  • A Tale of Two Football Teams

    I have been watching the Sunday shows ‘Meet the Press’ on NBC and ‘This Week’ on ABC for the past ten years or longer, primarily for entertainment. It is quite amusing as well as concerning to observe how science is being used by our political parties to position themselves on the ‘right’ side of history….

  • High-Performing Teams Need Psychological Safety: Here’s How to Create It

    Summary. The highest-performing teams have one thing in common: psychological safety — the belief that you won’t be punished when you make a mistake. Studies show that psychological safety allows for moderate risk-taking, speaking your mind, creativity, and sticking your neck out without fear of having it cut off — just the types of behavior…

  • Mittel-Management

    Mittel-management. This is the name of the management theory at the heart of Germany’s success. In general, the term Mittelstand applies to mid-sized companies, many of which shun the limelight, operate from the countryside within the business-to-business or niche market sector, and are operated by anonymous company men. The Mittelstand dominates the global market in…