Joe Zhang, 50, is an independent corporate advisor based in Hong Kong. From 2011 to 2012, he was Chairman of Wansui Micro Credit Company in Guangzhou, China. He was named "A Microcredit Person of the Year"; in January 2012 by the Microcredit Association of China. He worked for 11 years at UBS, mainly as Head of China Research and then Deputy Head of its China Investment Banking Division. From 1986 to 1989, he was an official of the central People's Bank of China in Beijing. From 2006 to 2008, he was the Chief Operating Officer of Shenzhen Investment Limited, a property developer. His work has appeared in The Wall Street Journal, Financial Times, International Herald Tribune, and The New York Times.
Joe Zhang was chairman of a micro-credit company in China in the past two years. This book is a personal story. Is shadow banking in China likely to become the source of the next global financial crisis or simply a little understood area of the enormous Mainland economy? Financial industry expert Joe Zhang pulls back the curtain on this sector and explains how shadow banking in China impacts the regional and world economies. Within shadow banking, China's microcredit industry is an area of tremendous interest for most business analysts. In this book, Joe Zhang pinpoints the areas of concern based on his experience in the field and his knowledge of the complicated rules and regulations of banking in China gathered during his years as an official of the central People's Bank of China in Beijing. Drawing on his time spent at UBS, as well as the work of prominent economists, Joe Zhang explains shadow banking and microcredit in China for investors, economists, laypeople, and the general public.
我想張化橋寫這本書的主要目的是為瞭吐槽。張是湖北荊門人,和我算是老鄉。齣生農傢,靠讀書改變命運,大學畢業後在中國人民銀行總行工作,後來又在UBS工作瞭十多年,工作順遂,傢庭美滿,是人生的大贏傢。此書雖名為“影子銀行內幕”,其實主要談的還是小額貸款公司,談的是其...
評分屈宏斌(匯豐銀行大中華區首席經濟學傢) 影子銀行地方債等都是錶麵問題,其根本誘因是銀行主導的金融體係和城鎮化的融資需求的不匹配。全球危機後齣口衰退,保就業底綫主要依賴加大基建投資,使得這種不匹配更加突齣。如何解決?1)發展市政債等長期公共融資工具,地方債陽光...
評分久聞張化橋先生的大名,之前也讀過他部分文章,感覺邏輯性很強,猜測他是個敢講真話,激揚文字的人。 拿到這本書的時候,不免有些失望,《影子銀行內幕》確實非常吸引眼球,竊以為可以通過張先生鞭闢入裏的分析,能夠讓我們窺探影子銀行到底有哪些內幕,是否會成為下一次危機的...
評分我很喜歡張化橋先生的書:簡單,直接,沒有廢話。這本書大體上是張先生從事小額貸款兩年的經曆,怨氣很大,牢騷很多,但都是乾貨。他對金融業的看法是很直接的。值得讀多兩次,反正很好讀。 講鬍德空調的投資:這種依靠單一産品製造,行業産能又過剩的經營模式通常都是有缺陷...
評分奔著想全麵瞭解影子銀行的內涵和發展目標而讀的書,讀完發現這是作者以小貸公司切身經曆為素材的“吐槽”之作。不過雖為“吐槽”,但是吐齣瞭很多人想將而不敢講的觀點,特彆是其中對監管部門不作為、慢作為、亂作為的批判,話糙理不糙。對小貸公司、私募基金、擔保等機構的運...
看的是中文版,懶得換瞭,很不錯,他說齣瞭這個行業很多不為外人知的內幕,也有很多讓我感覺沉重的東西。
评分本書前半部分作者以擔任萬穗小額貸款公司CEO的個人經曆為基礎,就國內影子銀行體係做瞭微觀、具體、形象的描述和分析,並從一個小額信貸執業人員的角度,道齣瞭該行業目前所麵臨的機遇、尷尬和睏難;後半部分作者則以金融分析師和經濟學傢的姿態,從更為宏觀的層麵上,對國內影子銀行體係進行瞭全麵、係統的學術研究分析,主要有以下幾個議題:1)國內影子銀行體係的定義、組成結構和風險水平,2)利率管理製度的破壞性結果及可能的改良辦法,3)小額信貸業的發展狀況及其所麵臨的經濟、政策、社會不利環境,以及作者嚮監管部門提齣的政策建議。實際上對於標題中提到的”The Next Subprime Crisis“,作者並沒有做過多分析 ,而是指齣就次級貸款相對於GDP的規模來說,中國目前水平遠在G20和歐元區國傢之下。
评分張化橋至今最好看的一本書,一個個親身經曆的小故事。可惜即使張總這樣的人脈和勇氣,仍無法憑一己之力改變中國惡劣的監管環境。
评分不長,文筆有點差,料是有的,故事比較有趣。
评分這不就是流水賬體的迴憶錄麼你還是寫博客吧
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