Recent Posts

Do Chinese banks have a deposit problem?

China’s banks have a deposit problem. The timing couldn’t be worse. The virus shutdown pushed households to put their money in a safe place in the first quarter, with system-wide deposits rising by a record 6.47 trillion yuan ($912 billion). Some large banks did the same, parking their own cash at smaller peers that offer higher returns. At China Construction ...

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Don’t waste great online learning experiment!

When we were told over the Lunar New Year holiday that schools in Hong Kong would be closed to prevent the spread of a then still-distant illness, I went through all the stages of grief. Shock, denial, anger, bargaining. I settled on depression for a good while. With three primary-age children, my vision of juggling a new job, school, chores ...

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Georgia’s reopening is going really slowly

Growing numbers of states are allowing their shelter-in-place orders to expire and letting businesses reopen. This has Republicans rooting for a rapid economic recovery as people get back to work and Democrats fearing a renewed spike in virus transmission. But take it from me, a Georgian who’s been legally permitted to get a haircut or a face tattoo for two ...

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