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Chinese investment in the future
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Chinese investment in the future

Chinese investors are likely to increase their investments in fixed income products over the next five years, while the equity allocation will remain relatively low, according to John Ott, a Shanghai-based partner at Bain. Now, the country’s wealthy investors prefer private funds to equities, according to fund managers.     1.  China’s stock market down Today,…

The situation of cryptocurrencies in China
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The situation of cryptocurrencies in China

Until last September, China was the largest virtual currency market in the world, accounting for 90 percent of global transactions. However, Beijing’s government decided to ban fundraising through ICOs (Initial Coin Offerings) and cryptocurrency exchanges. At this time, Jeff Chen was working at a small digital currency exchange in Shanghai. He said that investors and…