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  • November 24, 2014
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Results 1 - 6 of 6 for chinese culture

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  1. Bickering over savings glut looking past its sell-by date

    Posted Jul 08th 2009, 12:00am by Tom Holland

    ... long-term US interest rates and fuelled the risk-taking that led to last year's crash. This is a view vigorously rejected by Chinese officials, who prefer to credit the country's high savings rates on a culture of prudence while blaming the crisis on a combination of poor regulation, financial sector recklessness and excessive consumer leverage in the developed world. ...

  2. It's time to say goodbye to cheap and nasty Fong Kong

    Posted Sep 18th 2008, 12:00am by Tom Holland

    ... substitute brought in to mime to her words. If even the biggest, most expensive party ever held by the Chinese turned out to be Fong Kong, they chortled, what hope is there for the stuff they send us ... and profits has been paramount. Quality, health and safety, and the environment have all been ignored. The result is a culture of corner-cutting. Those substandard schools which collapsed killing ...

  3. Risks cloud BAC's first-mover edge in China bank deal

    Posted Jun 18th 2005, 12:00am by Tom Holland

    ... Introducing a prudential credit culture is the biggest challenge facing CCB's senior executives. Historically, branch managers have owed more loyalty to local party and industry bosses than ... will be able to advance internal reform at CCB is questionable. Although its investment buys it one seat on CCB's board and the right to place 50 advisers inside the Chinese bank, the US bank ...

  4. Citic loss shows danger of cross-asset contagion

    Posted Oct 22nd 2008, 12:00am by Tom Holland

    ... The aussie's volatility has caused big problems for Chinese companies such as Citic Pacific that have invested heavily in Australian mines. As the currency rose, they watched the capacity-boosting ... in other Hong Kong-listed companies should be nervous too. The rapid expansion of mainland companies into new markets over recent years has fostered a culture of risk-taking, while risk management ...

  5. Yuan move is vital to banking reform

    Posted Apr 19th 2005, 12:00am by Tom Holland

    ... Xiaochuan decided to stay home, they certainly saved themselves an admonishment on the value of the yuan. Robbed of the opportunity to collar the Chinese for a few quiet words on the sidelines ... emergency and smooth the way for further state recapitalisation of the sector. But if significant progress has not been made on changing the banks' business culture, the mainland will be left ...

  6. High-profile banker keeps his head down

    Posted Sep 26th 2005, 12:00am by Tom Holland

    ... banking customers and corporations. He aims to spend a third of his time dealing with clients, a third on internal matters 'looking after people and setting the culture', and a third ... invested about US$750 million in the Chinese bank as a member of a consortium lead by Royal Bank of Scotland but still failed to win a share of the mandate. In the long run, Mr Tapner is hoping ...



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