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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...
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"The world made significant progress on reducing poverty between 1981 and 2001 — the number of people in developing …'s population. In fact, however, nearly all this progress reflects gains made in reducing poverty in China and India, two of the … world's fastest-growing economies. The rapid economic growth and enormous poverty reduction achieved by China, and to a …
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