Patrick Chovanec ’92, associate professor at Tsinghua’s School of Economics and Management, recently had an op-ed piece in The Wall Street Journal on the worrying health of China’s banking system. Prof. Chovanec’s op-ed piece, which is entitled “Chinese Banks Are Worse Off Than You Think”, argues that the while officials reassure that Chinese banks are in good shape based on a few important indicators, in actual fact these indicators disguise underlying intrinsic problems which afflict the entire banking system. The full article can be found here.
Prof. Chovanec is regularly featured in both prominent Chinese and Western media about a wide variety of economic issues. He regularly blogs about his thoughts on China’s economy on his personal blog which can be found here. Recently, the PAABJ has been fortunate to hear directly from Prof. Chovanec in a series of dinners co-hosted together with the Stanford Alumni Association of Beijing.
Our friend Peter Lighte *81 has just completed a collection of stories from his time in Beijing in the early ’80s. Below is an introduction to the collection as well as the links to explore in detail. Hope you will take a look.
I’ve worked with Peter with Pieces of China.
Pieces of China
These snapshots of bygone days gathered in Pieces of China very much resonate in the present. Told in a deceptively breezy voice by Peter Lighte – unlikely Ming scholar and unlikelier banker – his stories illuminate shadows of the Cultural Revolution, the hilarity of bureaucracy, the complexity of relationships and the daily adventures of a young man who thinks he somehow fits into a world beyond the looking glass.
All profits from Pieces of China will be donated to Half the Sky, a foundation which seeks to bring a caring adult into the life of each orphan in China www.halfthesky.com
To order a copy, see www.peterlighte.com