1. Beyond the Zombies: Financing SMEs to Strengthen Trade

    Apparel Magazine (Nov 17 2011)

    1. Banks on both sides of the Pacific just aren’t lending — especially to borrowers perceived as a risk, without a stellar balance sheet, or lacking significant capital reserves. In this economy, it’s the small and medium-sized enterprises that suffer most. While the giants of industry have money on the sidelines, the small and medium-sized enterprises (SMEs) on both sides of the Pacific are hurting, unable to secure capital or credit when they need it the most. In China, lending has slowed dramatically. The Wall Street Journal reported in September that, according to central bank data, while new yuan (RMB ... (Read Full Article)

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