English Abstract: The conception of global macroeconomic spherical model is a three-dimensional space model, which is proposed under the integration of global economy and the globalization of network. In view of the financial crisis in USA in 2008, the output of its crisis has been changed into...

Chinese Abstract:...

English Abstract: The author proposes a new type of asset-backed security, called Exchange Traded Pieced Loan (ETPL), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China's markets for investment and credit. An ETPL's...

English Abstract: The authors review the availability and allocation of commercial credit in China, the investment options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic deficiencies, vast externalities and tremendous potentials for...