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Platform loans are used by local governments to fund rapid expansion and bump GDP.
Joint Liability of Platform Loans

Despite the fact that local governments avoid paying debts, banks do not have sufficiently powerful means to regulate debtors. It...

Mogujie's 'waterfall': Users of this social commerce site share pictures of the ithings they have bought on Taobao, helping followers find trustworthy sellers.
Social Commerce in China Goes Beyond Sharing

Dabbling in social commerce might help Chinese e-commerce companies deal with fickle consumers and heightened competition. 11th November 2012 marked...