What Makes Yiwu a Desirable Place for Foreign Merchants to Settle in?–  A Study of the Muslim Community in Yiwu

Authors: Fengnian Cai, Jiamei Wang, Yue Wu  Giant Arabic letters in shopping malls, loud chatter in diverse languages, the sweet smell of shisha smoke in the evening air, and Muslim women wearing colorful Hijabs watching the news from Al Jazeera (a Middle-Eastern news channel) by the streets — a unique scene indeed. This is a city filled with all sorts of Halal food and Islamic … Continue reading What Makes Yiwu a Desirable Place for Foreign Merchants to Settle in?–  A Study of the Muslim Community in Yiwu

Lending on Character, Not Credit Scores

Conventional banking hasn’t worked for businesses owned by people of color. But a new network is designed to get money flowing fairly to BIPOC economies. BY CHRIS WINTERS In the early months of 2020, as the COVID-19 pandemic began to put enormous pressure on the economy, Rodney Foxworth saw a parallel crisis emerging among businesses led by people of color. They needed capital and couldn’t get it. … Continue reading Lending on Character, Not Credit Scores

What difficulties have Yiwu foreign trade companies encountered during the pandemic?

By Liheng Xu, Wenchong Xu, Xinyu Xiao, Rui Ke, Hengen Qi (listed in no particular order) “One of my friends lost 600,000 RMB in an account due to black money handed to him by a customer, and he now has nothing,” said Muhammad, a 24-year-old native of Jordan. He moved to Yiwu six years ago to work as a middleman. Such stories are not unheard … Continue reading What difficulties have Yiwu foreign trade companies encountered during the pandemic?

Grameen China’s Opportunities: Comparing Grameen China with Grameen Bangladesh

Author: Chengmai Zhang
Around 1972,an economist called Muhammad Yunus was in the village of Chobra, Bangladesh. He spotted a woman who was making a bamboo stool near the school. He asked, “How much money can I make?” The woman replied, “The money is from the usurer. Only 0.5 takas can be earned by processing a bamboo stool. The income is extremely meager.” Continue reading Grameen China’s Opportunities: Comparing Grameen China with Grameen Bangladesh

义乌究竟能否走出国际贸易信任危机的困局?

作者:刘天蓝、徐金扬、钟奕鸣、刘睿扬、陈泽锴、唐知浩
“中国的第一大市场到底有多大?”
自2013年习近平提出建设“新丝绸之路经济带”和“21世纪海上丝绸之路”以来,义乌再次像曾经一般敢为人先,摇着“拨浪鼓”走天下,加快与“一带一路”沿线国家经贸合作。如今,这座从“鸡毛换糖”时代发展起来的城市,进出口对外贸易尤其发达。每年大批外商以采购商身份来到义乌,根据采购方的需求选择、购买、交易所需产品。 Continue reading 义乌究竟能否走出国际贸易信任危机的困局?