Daxue Talks 51: How do China’s third party payment platforms work?
China’s payment platforms In this episode, Stephen Hopkins discusses China’s third-party payment platforms. China’s third-party payment fees are much lower than the west, this made us wonder how WeChat and Alipay work. Hopkins explains the technical side of these platforms in comparison to PayPal. Jump to the question: 1:10 How is Alipay and WeChat pay […]
Daxue Talks transcript #50: Understanding China’s fintech ecosystem
China’s fintech ecosystem Find here Daxue Talks episode 50. Steve Hopkins shares his knowledge and helps you better understand China’s fintech ecosystem. Full transcript below: Hi everyone, my name is Steve Hopkins. I’ve been operating within the Chinese fintech industry for the past several years, working at Chinese hedge funds, robo-advisors, cryptocurrency investment banks and […]
Daxue Talks transcript #49: China’s fintech players: Large institutions, SME’s, startups or foreign companies
Find here the Daxue Talks episode 49. Our guest Steve Hopkins reminds us about China’s fintech players and discusses the role of large institutions, SME’s, startups and foreign companies. Full transcript below: Hi everyone, my name is Steve Hopkins. I’ve been operating within the Chinese fintech industry for the past several years, working at Chinese […]
Daxue Talks 49: Who is driving fintech in China, and is there room for foreign companies?
This episode features Stephen Hopkins, a China fintech expert, who explains what companies are driving the fintech scene in China. Between large companies, startups and SME’s, we learn who has the upper hand in China’s fintech scene and why. Additionally, Hopkins explains if there is room for foreign fintech companies in China. Jump to the […]
The health insurance market in China
Overview of the medical insurance market in China The healthcare market in China is diversifying and growing rapidly. Medical expenditures reached 357 billion US dollars in 2011, and are predicted to continue growing up to 1 trillion US dollars by 2020. Healthcare in China includes both public and private sectors. With at least 95% of […]
The auto insurance market in China
Brief history of auto insurance in China People Insurance Company of China (PICC) provided the first local car insurance in China in the year 1950, which ended foreign monopoly in the industry. Most consumers in China were not aware of auto insurance at inception. In 1980, auto insurance in China was gradually promoted along with […]
How to save money when closing deals: a checklist for financial due diligence in China
How can conducting structured due diligence in China optimize a deal? Entrepreneurs and their shareholders can reduce feelings of unease after signing a deal by conducting due diligence in China. Rather than rely on hindsight, however, one should actually gather most of the elements he or she will need to […]
[Podcast] China paradigm #4: How to set up and run an accounting business in China with Stephane Grand
In this episode of China paradigm, Matthieu David interviews Stephane Grand, Founder & CEO at S.J Grand financial and tax advisory (sjgrand.cn) since 2002. From Taipei, where he is opening a new office, our guest tells us how he started his accounting business in a very regulated industry and what can be done to help […]
Transformations Deeply in Need: P2P Industry in China
From the Perspective of Risk and Compliance Since 2015, China’s peer to peer (P2P) financial industry has experienced a rapid development while the risk of its industry has also started a comprehensive outbreak. Due to the lack of supervision, a lot of non-reliable platform rise in P2P industry, which caused certain loss of money and […]