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Crowdfunding Could Change Chinese Politics
Crowdfunding, which allows web users to contribute small sums of money to fund collective projects like concerts and films, is taking off in China — and just how far it will go is more than a business question. By allowing netizens to vote with their renminbi, online crowdfunding could become an economic activity with political effects, bringing closer two separate spheres that rarely overlap in China. As a result, in the future, crowdfunding platforms could do more than make music; they may also help bring political changes to the country.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- crowdfunding
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P2P lending service Renrendai handed $130 million to get a head start in China’s microfinance sector
Renrendai reported it facilitated RMB 1 billion ($165.2 million) in loans as of August 2013, with a 276 percent year-on-year increase in the first half of last year.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance
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What’s Holding Back China’s Mobile-Money Market?
China further solidified its position as a market that could greatly impact payments in 2013
- Categories
- Education
- Region
- Asia Pacific
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Spreading hope one box at a time
Over 20 artists share their works to aid victims of typhoon ‘Yolanda’
- Categories
- Uncategorized
- Region
- Asia Pacific
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Long-term Health Problems After Natural Disasters Strike
Health obstacles plague communities long after a natural disaster.
- Categories
- Education, Health Care
- Region
- Asia Pacific
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Small loans a big help for typhoon survivors in the Philippines
The typhoon affected more than 13 million people, including 5 million children, according to the U.N. Office for the Coordination of Humanitarian Affairs. Even before the storm, nearly 44% of Filipinos lived on less than $2 day and there are now fewer resources than ever to help those in need.
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- Uncategorized
- Region
- Asia Pacific
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Philippines’ Quezon City and USAID Launch Mobile Money System
The Local Government of Quezon City, in collaboration with the U.S. Embassy Manila’s United States Agency for International Development (USAID), has launched an innovative mobile money system.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- governance, mobile finance
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China cracks down on bitcoin
Regulators have barred the country's banks from trading bitcoin, while denying the pseudo-money legal status and cracking down on anonymous users.
- Categories
- Uncategorized
- Region
- Asia Pacific
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