Monthly Archives: June 2013

An alternate Universe: How the Chinese View Time

When we, as Westerners, view time, we view it as linear – from today, through tomorrow, and into future. It’s sequential. We begin a task and finish it before we begin another. It’s culturally what we’ve been taught, what we understand, and what we believe to be the case in any country. However, in China, time is […]

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The Formation and Influence of China’s Middle Class

Until a little more than 50 years ago, China was a hierarchically based society where your class or status was determined by your ability to accumulate wealth and influence others. This was reflected in ancient Chinese society, during the time of Confucius, where there existed four levels of Chinese society: The Shi, or scholars, who […]

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Peer-to-Peer Lending in China

In performing our due diligence of smaller companies, we sometimes run across peer-to-peer lending (P2P lending). It’s a concept that wasn’t prevalent when we started in China in 2003, but it’s since become a significant source of financing for small companies who can’t obtain bank loans as banks tightened their credit policies and focused their […]

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