The Rise of China’s Second-Hand Car Market

By the end of 2015, the Chinese owned approximately 172 million cars, and the country maintained its position as the world’s largest car market for the seventh consecutive year. However, annual growth in the market for new cars has slowed significantly since 2011, while the market for used cars has gradually gathered momentum. [...]

By | April 17th, 2017|Asia, Asia Car Market, China Car Market|0 Comments

China Is Playing a $9 Trillion Game of Chicken With Savers

Like many individual investors in China, Yang Mo has no idea what’s in the wealth management products that make up a big chunk of her net worth. She says there’s really no point in finding out. Sure, WMPs invest in all kinds of risky assets, but the government would never let a big [...]

By | April 17th, 2017|Asia, Banking|0 Comments