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Trust Games

The Chinese corporate bond market was designed for lending convenience, not the legal practicality of retrieving money. But with potential defaults by Suning and other...

The Corps of Xinjiang

Without understanding the Xinjiang Production and Construction Corps (XPCC), it is impossible to understand modern day Xinjiang. Understanding the XPCC, however, is no small feat. 

Game Over

The guanxi game has defined China's modern business culture — and no one played it better than Xu Jiayin, the CEO of Evergrande. Now, however,...