Showing 1 - 2 of 2
Understanding China's banks
Life, Chris Baker, Published on 26/01/2017
» Every couple of years now, a book appears predicting the imminent crisis, breakdown, collapse or disintegration of China. The professor Cassandra touting a recent example passed through Bangkok last week. Among such works there is a subset that focuses on finance, especially banking. These books and articles argue that China's banks are inefficient because of government control; that they are racking up debt, much of which is hidden; and that, unless they are quickly privatised, they will be the spark for the aforesaid crisis, breakdown, collapse, or disintegration. In the last month, I have twice been treated to this argument first-hand, once from an American and once from a Japanese.
The loud (but lost) American
Life, Chris Baker, Published on 30/01/2012
» In print, the name of Jim Thompson is rarely far away from the word "legend". The outline of his life is well known. He arrived in Bangkok at the tail end of the Second World War as part of the proto-CIA. He gained a reputation as a host, bon viveur, aesthete and art collector. He started a glamorous silk business, that still bears his name, and built a house that remains a major tourist attraction. He disappeared off the face of the earth in 1967, providing the mystery which is essential for any good legend.