Related topics: google · china · censorship · beijing

How the 'Kimchi premium' on crypto affects overseas remittances

The "Kimchi premium" is a term used to refer to the gap between the price of bitcoins in South Korean versus Western exchanges. This difference, which was first observed in 2016, is caused due to the high demand for a limited ...

How credit platforms may make bank loan caps ineffective

Authorities often resort to bank loan regulation when the housing market overheats. The emergence of lightly regulated online intermediaries, however, can make it harder to curb speculation.

Chinese economic growth may never recover from COVID—here's why

Many countries have had to navigate the balancing act of keeping the economy alive versus protecting citizens from COVID in recent years. In China, patience with its zero-COVID policy—one of the world's toughest strategies ...

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