Stanford Graduate Talks

[Palumboism]

Some of these Stanford Graduate talks are pretty interesting.  This ones about how the Chinese financial system works.

Cliffs:
In America, two thirds of corporate debt comes from bonds, but in China bonds account for almost none of the corporate debt.  Almost all corporate debt comes from banks.  There are four major banks and the CEO's of those banks are appointed by the government and hold a rank in the government.  In addition the government will tell the CEO's who to lend money to.  Companies almost never fail in China because the government just bails them out.

[Parker]

Some of these Stanford Graduate talks are pretty interesting.  This ones about how the Chinese financial system works.

The first 1:50 tells you a lot. Need a partner that you can trust, and you have to deal with the government.
Odd how foreign car companies have to partner with a Chinese company, and what happens? Well, in VW's case, they steal engine and tech designs and start making engines and tech on the side, unbeknownst to VW.

[Palumboism]

The first 1:50 tells you a lot. Need a partner that you can trust, and you have to deal with the government.
Odd how foreign car companies have to partner with a Chinese company, and what happens? Well, in VW's case, they steal engine and tech designs and start making engines and tech on the side, unbeknownst to VW.

If you want to open a business of any kind you are required by the government to have a Chinese partner and you need the permission of the government to invest any money there.

[Palumboism]

This ones on how to negotiate.  Shizzo should have used these tactics when trying to get a mod position.

[XFACTOR]

Very good share.  I like this concept too.  I attend a lot of Tedx talks and really love the quick themed approach.