The economic rise of China has completely changed Asian trade patterns. Asia is no longer dragging its feet, but instead is drawing the world’s economic center closer to home.
In the banking industry, policies have brought about huge distortions. Financial institutions are levying “invisible taxes” on the real economy and depositors. To change the situation, the simplest and most fundamental way is to reduce these invisible financial taxes and improve real economic yields so that people have more disposable income, and the economy can develop in a better way.