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710
6 episodes / 6 uploaded
We live in a world where the influx of the US dollar keeps diminishing the purchasing power of those who seek to accumulate wealth by holding onto dollars.The principles that once governed the value of currencies,based on gold and silver, no longer dictates their worth today. China’s traditional virtue of frugality has become “outdated.”
Role of Financial System in the Fall and Rise of China 10th – 21st century
Professor Ding Yifan offers a review of China’s financial development specifically highlighting how it is both a result of global competition and a consequential determinant in shaping a country’s overall capabilities.