China’s Financial Sector Is Growing Up As Tech Helps

The development and evolution of China’s financial sector has dominated the conversation among China watchers over the past decade. China’s financial sector has made headlines for all the wrong reasons. The rapid rise of the shadow banking sector, a lack of regulation, rampant speculation and high levels of debt are all reasons why Wall Street is cautious about China’s financial industry. Department Store Sales Less Bad Chinese Property Bubble: Set To Burst In The Next Four Months? Chinese Shadow Banks De-Levering, But No One Knows What Lies Beneath However, over the past year, the industry has started to change significantly,…