• 2016 Woo Conference Panel Discussion - Private Wealth Management

    April 22, 2016 2016 Wilbur K. Woo Greater China Business Conference Panel Discussion - Private Wealth Management: The Evolution of China's Private Wealth Market - Developing Effective Strategies for High Net Worth Individual and Opportunities for the United States With: Jon Allen, Sales Vice President, Trumark Financial Joseph Lee, Senior Vice President, Director of Sales, Cathay Wealth Management Tony Yu, Chief Executive Officer and General Counsel, DSG Business, Tax & Wealth Planning, Inc. Moderator: Rex Hong, Senior Vice President, Manager of China Business Development Department, Cathay Bank

    published: 25 May 2016
  • Li Yang: Rising Private Wealth and Inequality in China

    Li Yang (Paris School of Economics) discusses how the World Inequality Report 2018 combines national accounts, surveys, and new tax data to study the accumulation and distribution of income and wealth in China from 1978 to 2015. Find out more about his seminar at http://iems.ust.hk/inequality Li Yang is a postdoctoral researcher at the Paris School of Economics and research fellow at World Wealth and Income Database (WID). His research focuses on China’s wealth and income inequality, economic development and economic history of China.

    published: 29 Mar 2018
  • Wealth Management in China

    High minimum investment thresholds, the expense of professional advice, and the general lack of access to wealth management tools have all served as challenges for small retail investors in China. However, fintech is empowering them by lowering the costs of, and expanding access to, wealth management products, thereby making it easier to manage one’s wealth. This is not unique. Fintech is redefining the wealth management industry globally as machine replaces man in helping HNWIs grow their wealth. Companies like Betterment and Wealthfront are changing the way that people save and invest their money. Robo-advisors and new ETF-like products largely eliminate the human component of wealth management. What about China? Does traditional 'managed' wealth management have a future in the world's ...

    published: 13 Apr 2017
  • Private Wealth Management APAC Summit Victor Ai, Donglin China Family Wealth on the Family Governa

    published: 01 Mar 2018
  • Jack Ma (China's Richest Man) Net worth, House, Car, Private Jet, Family and Luxurious Lifestyle

    Visit our Website : http://www.newsdc.us./ SUBSCRIBE here : https://www.youtube.com/channel/UCo28ONuxBPD0dIVtw8CNUkw Most Popular uploads of our channel : - 1. Sasha Obama Lifestyle - https://youtu.be/dAHu1y6dAFY 2. Trump Lifestyle - https://youtu.be/jJeu3CHbaTQ 3.Ivanka Trump - https://youtu.be/AGO_MSWs6jw 4. Jennifer Gates - https://www.youtube.com/watch?v=ZdS1UdFJsTI&t=55s 5. Dwayne Johnson - https://youtu.be/7xKdhn3ctY0 6. Virat kohli - https://youtu.be/v2zN1D_LxKU 7. Brock Lesnar - https://youtu.be/YgeqKbpPTlQ 8.Mohammed bin Rashid - https://youtu.be/AKKQrN9ErKI 9.Lionel Messi - https://youtu.be/mP5Cmi1upQg 10.John Cena - https://youtu.be/DT4itYE8uf4 11. Sachin Tendular- https://youtu.be/pvX-WYWdKk4 12. M.S. Dhoni - https://youtu.be/-Oz-y2TfnwE 13. Jack Ma - https://you...

    published: 17 Aug 2017
  • Private Wealth Management Greater China Summit Testimonial

    published: 01 Mar 2018
  • Private Wealth Management APAC Summit Victor Ai, Donglin China Family Wealth on the State of Wealt

    published: 01 Mar 2018
  • Private Wealth Management APAC Summit Victor Ai, Donglin China Family Wealth on the State of Wealt

    published: 01 Mar 2018
  • Chinese Deposits of $500 Million Revealed in HSBC’s Swiss Private Wealth Bank.

    Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews The British bank HSBC’s Swiss branch was shown to have sheltered the rich to evade tax. Among the clients are 246 Chinese with total deposits of $517 million. The connections between the listed companies and those in power are also being revealed. “British bank HSBC Holdings PLc admitted failings by its Swiss subsidiary in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets”, reported Reuters. The International Consortium of Investigative Journalists (ICIJ) has released compiled data dubbed the “Swiss Leak” according to confidential documents from the HSBC Swiss branch. The data was supplied by a former IT empl...

    published: 11 Feb 2015
  • My Career, My CFA Charter: A Wealth Manager in China (In Mandarin with English Subtitle)

    Huang Fan, CFA, head of wealth management in China at one of the world's leading financial service providers, explains what a wealth manager does and shares his views on how the CFA® qualification fits into the growth of the financial services industry in mainland China. For more CFA charterholders career stories, visit: https://info.cfainstitute.org/CareerGuide.html?leadsource=FY15-CareerGuide-YouTube_organic #CFACareer

    published: 18 Dec 2014
  • My Career, My CFA Charter: A Wealth Manager in China Part II (In Mandarin with English Subtitle)

    Interested in a career in finance? Huang Fan, CFA, head of wealth management in China at one of the world's leading financial service providers, shares his views on how the CFA® qualification helps in career progression. For more CFA charterholder career stories, visit: https://info.cfainstitute.org/CareerGuide.html?leadsource=FY15-CareerGuide-YouTube_organic #CFACareer

    published: 27 Jan 2015
  • The right talent for the private banking sector in China

    Learn more at PwC.com - http://pwc.to/VEzdV6 Bhishan Sethi, PwC US Financial Services People and Change Leader, and Susan Hothersall, PwC US Financial Services Manager, discuss finding, developing, and retaining the right talent for the banking sector in China.

    published: 25 Jan 2013
  • Private Banking Pathway

    If you want a good reason to join us, watch Andrew explain why he did, the culture and his proudest moment. Interested? Apply today http://bit.ly/2wGbEbD

    published: 06 Sep 2017
  • UBS Wealth Management - Best global private bank - Global Private Private Banking Awards 2014

    At this year's Global Private Banking Awards ceremony in Geneva, Kathy Shih, head of Wealth Management Asia Pacific at UBS talks to Yuri Bender about the bank's growth strategy, managing costs and its multi-centre approach in Asia in 2014.

    published: 01 Dec 2014
  • Chinese Kids Driving Supercars: Inside the Secret Southern California Meet-up

    China’s ultra-rich are growing in number and in wealth - and are sending billions of dollars out of the country. Much of it is landing up in the U.S. where many children of the wealthy elite are sent to get an American college education — and they’re living large. Vocativ found a sub-culture of these Chinese students in California. They drive luxury cars like Maseratis and Ferraris and flaunt their wealth at discreet private parties and in online groups, like "Super Cars in America”. Subscribe! http://www.youtube.com/subscription_center?add_user=vocativvideo See more on our website: http://www.vocativ.com Follow us on Twitter: https://twitter.com/vocativ Like us on Facebook: https://www.facebook.com/Vocativ

    published: 18 Nov 2014
  • China’s Coming Debt Crisis?

    The condition of the Chinese economy is increasingly becoming a significant factor exorcising the minds of global policy makers. Even though China’s most recent data has shown signs of stabilization (and the current turmoil in the Chinese market will likely provide more Chinese policy stimulus via further overinvestment, which could perpetuate this capex bubble in the short term) the world is still paying close attention to the gradual unwinding of the country’s historically unprecedented investment ratio of around 45% to GDP. That ratio (down from a peak of 55%) suggests that China is poised to embark on a powerful accelerator multiplier dynamic to the downside. Add to that ongoing dollar strength, which has inflicted further deflationary pressures on resource producers, most particularly...

    published: 02 Mar 2016
  • Private Wealth Forum 2017: Asian delights

    The Private Wealth Forum aims to bring leading private banks, wealth managers and family business together for networking and share experiences with a specific focus on investment management. What challenges do clients face in the regulated, transparent world? What approach should clients adopt? Which tax strategies will win the day? Relocation as a strategy? John Wong talks about what happened in China in 2017 in his session "Asian delights" at the Private Wealth Forum 2017 in Zurich. https://www.pwc.ch/en/services/private-wealth.html This is the official YouTube-Channel of PwC Switzerland: Building trust in society and solving important problems. Subscribe to our YouTube channel now: https://www.youtube.com/user/pwcch?sub_confirmation=1 Get in touch with us: https://www.pwc.ch/ ht...

    published: 17 Jan 2018
  • China's Financial Future: Shadow Banking in China

    published: 22 Jul 2015
  • Professor Sung Won Sohn on China's Wealth Management products

    $3.5 Trillion - that is the size of China's Wealth Management products (WMP) market and it is estimated to make up 35 percent of GDP. Authorities are concerned and want to reign it in. Retail investors are the majority of buyers of WMP’s which offer higher interest rates than a bank deposit. But it isn't always clear what assets the funds are buying to finance payouts, and that's where potential problems loom. China's banking regulator is proposing tighter rules to protect investors. The regulations would cap the involvement of smaller banks and ensure that lenders have enough capital to protect against potential losses. For over two years ratings agencies like Standard and Poors and Fitch have warned that WMP's were creating growing risks in the Chinese banking sector and analysts sa...

    published: 13 Aug 2016
  • Top 10 Offshore Tax Havens You Can Still Stash Your Cash

    Get more Tips here! www.destinationtips.com Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts. Here is a list of the top 10 Biggest Tax Havens in the World. (Ranking is based on a combination of its secrecy score and scale weighting) #10 United Arab Emirates One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement. A large slice of the inbound money comes in the form gold. Secrecy Score: 77% Tax Haven Status: Tiny #9 Bahrain An island of hospitality to banks and businesse...

    published: 26 Apr 2016
  • Chinese banks’ wealth-management products face slowest growth in three years

    Chinese banks' wealth-management products (WMP) have reported their slowest growth in three years, as financial regulators step up measures to rein in the ballooning sector. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing

    published: 29 May 2017
  • How to attract Chinese wealth to the Middle East?

    The Shanghai-based Hurun Report has released its first list of self-made billionaires living in the Gulf Coast countries of the Middle East. The company considers the list as part of its efforts to connect more Chinese entrepreneurs with the opportunities on offer in the region. CGTN’s Nawied Jabarkhyl has more. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGT...

    published: 24 Mar 2017
  • Increased Chinese wealth leads to booming butler business

    With the number of wealthy Chinese businessmen and women steadily rising, the demand for qualified and affordable butlers is also increasing.

    published: 23 Aug 2017
  • JPM’s U.S. Private Bank CEO: I never intended to be a banker

    Kelly Coffey always knew she wanted to run a business, but working that into a career at the No. 1 U.S. bank by assets wasn’t ever on her radar.

    published: 25 Feb 2016
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2016 Woo Conference Panel Discussion - Private Wealth Management
29:26

2016 Woo Conference Panel Discussion - Private Wealth Management

  • Order:
  • Duration: 29:26
  • Updated: 25 May 2016
  • views: 292
videos https://wn.com/2016_Woo_Conference_Panel_Discussion_Private_Wealth_Management
Li Yang: Rising Private Wealth and Inequality in China
4:17

Li Yang: Rising Private Wealth and Inequality in China

  • Order:
  • Duration: 4:17
  • Updated: 29 Mar 2018
  • views: 33
videos
Li Yang (Paris School of Economics) discusses how the World Inequality Report 2018 combines national accounts, surveys, and new tax data to study the accumulation and distribution of income and wealth in China from 1978 to 2015. Find out more about his seminar at http://iems.ust.hk/inequality Li Yang is a postdoctoral researcher at the Paris School of Economics and research fellow at World Wealth and Income Database (WID). His research focuses on China’s wealth and income inequality, economic development and economic history of China.
https://wn.com/Li_Yang_Rising_Private_Wealth_And_Inequality_In_China
Wealth Management in China
35:15

Wealth Management in China

  • Order:
  • Duration: 35:15
  • Updated: 13 Apr 2017
  • views: 157
videos
High minimum investment thresholds, the expense of professional advice, and the general lack of access to wealth management tools have all served as challenges for small retail investors in China. However, fintech is empowering them by lowering the costs of, and expanding access to, wealth management products, thereby making it easier to manage one’s wealth. This is not unique. Fintech is redefining the wealth management industry globally as machine replaces man in helping HNWIs grow their wealth. Companies like Betterment and Wealthfront are changing the way that people save and invest their money. Robo-advisors and new ETF-like products largely eliminate the human component of wealth management. What about China? Does traditional 'managed' wealth management have a future in the world's biggest country? During this informative webinar, we will look to answer that specific question and discuss more about the discuss these critical trends and provide insight into what is happening in China’s wealth management market.
https://wn.com/Wealth_Management_In_China
Private Wealth Management APAC Summit   Victor Ai, Donglin China Family Wealth on the Family Governa
3:09

Private Wealth Management APAC Summit Victor Ai, Donglin China Family Wealth on the Family Governa

  • Order:
  • Duration: 3:09
  • Updated: 01 Mar 2018
  • views: 1
videos
https://wn.com/Private_Wealth_Management_Apac_Summit_Victor_Ai,_Donglin_China_Family_Wealth_On_The_Family_Governa
Jack Ma (China's Richest Man) Net worth, House, Car, Private Jet, Family and Luxurious Lifestyle
4:13

Jack Ma (China's Richest Man) Net worth, House, Car, Private Jet, Family and Luxurious Lifestyle

  • Order:
  • Duration: 4:13
  • Updated: 17 Aug 2017
  • views: 691433
videos
Visit our Website : http://www.newsdc.us./ SUBSCRIBE here : https://www.youtube.com/channel/UCo28ONuxBPD0dIVtw8CNUkw Most Popular uploads of our channel : - 1. Sasha Obama Lifestyle - https://youtu.be/dAHu1y6dAFY 2. Trump Lifestyle - https://youtu.be/jJeu3CHbaTQ 3.Ivanka Trump - https://youtu.be/AGO_MSWs6jw 4. Jennifer Gates - https://www.youtube.com/watch?v=ZdS1UdFJsTI&t=55s 5. Dwayne Johnson - https://youtu.be/7xKdhn3ctY0 6. Virat kohli - https://youtu.be/v2zN1D_LxKU 7. Brock Lesnar - https://youtu.be/YgeqKbpPTlQ 8.Mohammed bin Rashid - https://youtu.be/AKKQrN9ErKI 9.Lionel Messi - https://youtu.be/mP5Cmi1upQg 10.John Cena - https://youtu.be/DT4itYE8uf4 11. Sachin Tendular- https://youtu.be/pvX-WYWdKk4 12. M.S. Dhoni - https://youtu.be/-Oz-y2TfnwE 13. Jack Ma - https://youtu.be/rF7BLLfMvuA
https://wn.com/Jack_Ma_(China's_Richest_Man)_Net_Worth,_House,_Car,_Private_Jet,_Family_And_Luxurious_Lifestyle
Private Wealth Management Greater China Summit   Testimonial
1:46

Private Wealth Management Greater China Summit Testimonial

  • Order:
  • Duration: 1:46
  • Updated: 01 Mar 2018
  • views: 2
videos
https://wn.com/Private_Wealth_Management_Greater_China_Summit_Testimonial
Private Wealth Management APAC Summit   Victor Ai, Donglin China Family Wealth on the State of Wealt
1:31

Private Wealth Management APAC Summit Victor Ai, Donglin China Family Wealth on the State of Wealt

  • Order:
  • Duration: 1:31
  • Updated: 01 Mar 2018
  • views: 2
videos
https://wn.com/Private_Wealth_Management_Apac_Summit_Victor_Ai,_Donglin_China_Family_Wealth_On_The_State_Of_Wealt
Private Wealth Management APAC Summit   Victor Ai, Donglin China Family Wealth on the State of Wealt
2:25

Private Wealth Management APAC Summit Victor Ai, Donglin China Family Wealth on the State of Wealt

  • Order:
  • Duration: 2:25
  • Updated: 01 Mar 2018
  • views: 2
videos
https://wn.com/Private_Wealth_Management_Apac_Summit_Victor_Ai,_Donglin_China_Family_Wealth_On_The_State_Of_Wealt
Chinese Deposits of $500 Million Revealed in HSBC’s Swiss Private Wealth Bank.
3:37

Chinese Deposits of $500 Million Revealed in HSBC’s Swiss Private Wealth Bank.

  • Order:
  • Duration: 3:37
  • Updated: 11 Feb 2015
  • views: 254
videos
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews The British bank HSBC’s Swiss branch was shown to have sheltered the rich to evade tax. Among the clients are 246 Chinese with total deposits of $517 million. The connections between the listed companies and those in power are also being revealed. “British bank HSBC Holdings PLc admitted failings by its Swiss subsidiary in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets”, reported Reuters. The International Consortium of Investigative Journalists (ICIJ) has released compiled data dubbed the “Swiss Leak” according to confidential documents from the HSBC Swiss branch. The data was supplied by a former IT employee from HSBC's Swiss private bank, and covered details of accounts and clients at the end of 2006 and early 2007. Media published the data on Feb. 8 for the first time. The ICIJ report listed clients sheltered by HSBC Switzerland. They include royalty, politicians, corporate executives, sports stars, arms dealers, blood diamond traffickers, people linked to former dictators, and several individuals on the U.S. sanctions list, covering 203 countries and regions. The U.S. is investigating if HSBC Switzerland has helped Americans evade tax. There are yet to be any lawsuits filed. Taiwan’s Apple Daily reported that some 22,000 investors from China and Hong Kong registered for offshore finance. At least 15 are the rich, the members of National People’s Congress and corrupt executives of state-owned enterprises. Relatives of the regime’s high officials have helped to keep wealth overseas with the secret offshore companies. Among them is Li Xiaolin, the daughter of former Chinese Premier Li Peng, holding $2.48 million. While massive overseas savings of the Chinese rich are being exposed, the domestic industries have been uneasy. On Feb. 9, Beijing News revealed the connection between the Chinese Communist Party (CCP) leadership, the listed companies and the relevant industries. Official data showed the anti-corruption has affected over 70 listed companies in finance, property, resources, medicine, transportation, and their stocks. Resource-related stocks have been hardest hit with a total of 18 affected. It is also reported that many executives of listed companies were once hyped as “successful entrepreneurs” but became either a “lost contact” or were arrested because of their relationships with a number of sacked officials. Critics believe the downfall of the two major tigers, Zhou Yongkang and Ling Jihua, was why the companies were hit. Professor Frank Xie, University of South Carolina Aiken School of Business: “After the investigation, the nature of the state-owned enterprises remains unchanged. They are still controlled by the senior party officials. That means the influences of Lin Jihua and Zhou Yongkang are removed and replaced with someone else’s.” China Affairs magazine editor Chris Wu: “They are hitting the officials, not the system. They even claim the system is the best. Xi Jinping has said that he’s confident in the system, which is the best. But, the sacked officials came exactly from this system. Isn’t it contradictory? Why can’t you govern these corrupt officials? Kill some of them and the new ones will surface soon. The surviving ones continue their corrupt deeds. The tigers continue taking the bribes.” After the exposure of the listed companies that were closely related to Zhou Yongkang and Ling Jihua, and their path to wealth, it is believed these investigations will lead to the exposure of bigger tigers. 《神韵》2015世界巡演新亮点 http://www.ShenYunPerformingArts.org/
https://wn.com/Chinese_Deposits_Of_500_Million_Revealed_In_Hsbc’S_Swiss_Private_Wealth_Bank.
My Career, My CFA Charter: A Wealth Manager in China (In Mandarin with English Subtitle)
1:45

My Career, My CFA Charter: A Wealth Manager in China (In Mandarin with English Subtitle)

  • Order:
  • Duration: 1:45
  • Updated: 18 Dec 2014
  • views: 2685
videos
Huang Fan, CFA, head of wealth management in China at one of the world's leading financial service providers, explains what a wealth manager does and shares his views on how the CFA® qualification fits into the growth of the financial services industry in mainland China. For more CFA charterholders career stories, visit: https://info.cfainstitute.org/CareerGuide.html?leadsource=FY15-CareerGuide-YouTube_organic #CFACareer
https://wn.com/My_Career,_My_Cfa_Charter_A_Wealth_Manager_In_China_(In_Mandarin_With_English_Subtitle)
My Career, My CFA Charter: A Wealth Manager in China Part II (In Mandarin with English Subtitle)
1:47

My Career, My CFA Charter: A Wealth Manager in China Part II (In Mandarin with English Subtitle)

  • Order:
  • Duration: 1:47
  • Updated: 27 Jan 2015
  • views: 5033
videos
Interested in a career in finance? Huang Fan, CFA, head of wealth management in China at one of the world's leading financial service providers, shares his views on how the CFA® qualification helps in career progression. For more CFA charterholder career stories, visit: https://info.cfainstitute.org/CareerGuide.html?leadsource=FY15-CareerGuide-YouTube_organic #CFACareer
https://wn.com/My_Career,_My_Cfa_Charter_A_Wealth_Manager_In_China_Part_Ii_(In_Mandarin_With_English_Subtitle)
The right talent for the private banking sector in China
4:02

The right talent for the private banking sector in China

  • Order:
  • Duration: 4:02
  • Updated: 25 Jan 2013
  • views: 611
videos
Learn more at PwC.com - http://pwc.to/VEzdV6 Bhishan Sethi, PwC US Financial Services People and Change Leader, and Susan Hothersall, PwC US Financial Services Manager, discuss finding, developing, and retaining the right talent for the banking sector in China.
https://wn.com/The_Right_Talent_For_The_Private_Banking_Sector_In_China
Private Banking Pathway
2:09

Private Banking Pathway

  • Order:
  • Duration: 2:09
  • Updated: 06 Sep 2017
  • views: 4876
videos
If you want a good reason to join us, watch Andrew explain why he did, the culture and his proudest moment. Interested? Apply today http://bit.ly/2wGbEbD
https://wn.com/Private_Banking_Pathway
UBS Wealth Management - Best global private bank - Global Private Private Banking Awards 2014
4:15

UBS Wealth Management - Best global private bank - Global Private Private Banking Awards 2014

  • Order:
  • Duration: 4:15
  • Updated: 01 Dec 2014
  • views: 2071
videos
At this year's Global Private Banking Awards ceremony in Geneva, Kathy Shih, head of Wealth Management Asia Pacific at UBS talks to Yuri Bender about the bank's growth strategy, managing costs and its multi-centre approach in Asia in 2014.
https://wn.com/Ubs_Wealth_Management_Best_Global_Private_Bank_Global_Private_Private_Banking_Awards_2014
Chinese Kids Driving Supercars: Inside the Secret Southern California Meet-up
3:13

Chinese Kids Driving Supercars: Inside the Secret Southern California Meet-up

  • Order:
  • Duration: 3:13
  • Updated: 18 Nov 2014
  • views: 4316598
videos
China’s ultra-rich are growing in number and in wealth - and are sending billions of dollars out of the country. Much of it is landing up in the U.S. where many children of the wealthy elite are sent to get an American college education — and they’re living large. Vocativ found a sub-culture of these Chinese students in California. They drive luxury cars like Maseratis and Ferraris and flaunt their wealth at discreet private parties and in online groups, like "Super Cars in America”. Subscribe! http://www.youtube.com/subscription_center?add_user=vocativvideo See more on our website: http://www.vocativ.com Follow us on Twitter: https://twitter.com/vocativ Like us on Facebook: https://www.facebook.com/Vocativ
https://wn.com/Chinese_Kids_Driving_Supercars_Inside_The_Secret_Southern_California_Meet_Up
China’s Coming Debt Crisis?
15:30

China’s Coming Debt Crisis?

  • Order:
  • Duration: 15:30
  • Updated: 02 Mar 2016
  • views: 40030
videos
The condition of the Chinese economy is increasingly becoming a significant factor exorcising the minds of global policy makers. Even though China’s most recent data has shown signs of stabilization (and the current turmoil in the Chinese market will likely provide more Chinese policy stimulus via further overinvestment, which could perpetuate this capex bubble in the short term) the world is still paying close attention to the gradual unwinding of the country’s historically unprecedented investment ratio of around 45% to GDP. That ratio (down from a peak of 55%) suggests that China is poised to embark on a powerful accelerator multiplier dynamic to the downside. Add to that ongoing dollar strength, which has inflicted further deflationary pressures on resource producers, most particularly those who have borrowed dollars against declining resource revenues, all of which has put pressure on commodity prices. Is this the domino that can bring down the global economy? What is the nature of the debt? How much is private? Public? How much of it is foreign denominated (a germane consideration, considering the recent weakening of the Chinese currency)? As Professor Yan Liang, a professor of economics at Willamette University, has noted in her research on the country, China's growth model has relied on credit driven, investment led growth in the past decades. Its double-digit growth record has been nothing but impressive. However, this growth model has encountered mounting difficulties and China today is wresting with a vexing problem with debt. A high level debt, coupled with declining quality of debt, has rendered the private sector vulnerable; and yet, aggressive deleveraging could further decelerate the economy, producing a vicious “credit spiral”. So what are the numbers? According to Professor Liang, China's debt to GDP ratio has reached 217% of GDP (or 281% of GDP, if financial sector debt is included) in mid-2014, up from 134% in 2007. This level is rather unprecedented despite China’s long tradition of credit driven growth. Since China’s market reform in the 1980s, State Owned Commercial Banks, the backbone of China’s financial system, have lent generously to State Owned Enterprises (SOEs) to finance the latter’s fixed asset investment. Credit extension helped mobilize resources and facilitate China’s industrialization and urbanization, whereby engendering a Keynesian-Schumpeterian credit-investment-growth cycle. But this model has gradually run out of steam, as it causes debt accumulation, puts a heavy toll on natural resources and generates rising supply glut in recent years. Chinese policy makers have realized the limitation of the growth model and called for rebalancing, shifting demand from credit driven investment and export to consumption. However, the rebalancing plan did not effectively bring about a reduction of debt; rather, leverage heightens and debt continues to accumulate. In the interview below, Professor Liang discusses the challenges facing China and the prospects of managing a challenging "soft landing" that doesn't engender a major global economic calamity.
https://wn.com/China’S_Coming_Debt_Crisis
Private Wealth Forum 2017: Asian delights
6:39

Private Wealth Forum 2017: Asian delights

  • Order:
  • Duration: 6:39
  • Updated: 17 Jan 2018
  • views: 17
videos
The Private Wealth Forum aims to bring leading private banks, wealth managers and family business together for networking and share experiences with a specific focus on investment management. What challenges do clients face in the regulated, transparent world? What approach should clients adopt? Which tax strategies will win the day? Relocation as a strategy? John Wong talks about what happened in China in 2017 in his session "Asian delights" at the Private Wealth Forum 2017 in Zurich. https://www.pwc.ch/en/services/private-wealth.html This is the official YouTube-Channel of PwC Switzerland: Building trust in society and solving important problems. Subscribe to our YouTube channel now: https://www.youtube.com/user/pwcch?sub_confirmation=1 Get in touch with us: https://www.pwc.ch/ https://www.linkedin.com/company/pwc_switzerland https://twitter.com/PwC_Switzerland https://www.facebook.com/PwCSwitzerlandCareers/ https://www.instagram.com/pwc_switzerland/ PwC Switzerland is the leading auditing and consulting firm in Switzerland, and as an independent member of PwC's international network, we help companies and individuals create value. Whether cross-border or local, large or small: we are your partner for auditing, tax and legal consulting, management consultancy and digital services. For more information and insights visit: https://www.pwc.ch/
https://wn.com/Private_Wealth_Forum_2017_Asian_Delights
China's Financial Future: Shadow Banking in China
1:15:00

China's Financial Future: Shadow Banking in China

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  • Duration: 1:15:00
  • Updated: 22 Jul 2015
  • views: 832
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https://wn.com/China's_Financial_Future_Shadow_Banking_In_China
Professor Sung Won Sohn on China's Wealth Management products
5:19

Professor Sung Won Sohn on China's Wealth Management products

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  • Duration: 5:19
  • Updated: 13 Aug 2016
  • views: 402
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$3.5 Trillion - that is the size of China's Wealth Management products (WMP) market and it is estimated to make up 35 percent of GDP. Authorities are concerned and want to reign it in. Retail investors are the majority of buyers of WMP’s which offer higher interest rates than a bank deposit. But it isn't always clear what assets the funds are buying to finance payouts, and that's where potential problems loom. China's banking regulator is proposing tighter rules to protect investors. The regulations would cap the involvement of smaller banks and ensure that lenders have enough capital to protect against potential losses. For over two years ratings agencies like Standard and Poors and Fitch have warned that WMP's were creating growing risks in the Chinese banking sector and analysts say these steps to regulate the industry are a positive development. For more on China’s WMP's, CCTV America’s Michelle Makori spoke to Sung Won Sohn. He's a Professor of economics at California State University Channel Islands. Watch CCTV America LIVE on your computer, tablet or mobile www.cctvamericalive.com Subscribe to CCTV America on YouTube: CCTVAmerica1 Follow CCTV America: Twitter: @cctv_america Facebook: CCTVAmerica Google+: CctvamericaTvnews »» Watch CCTV America «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York CityTime Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los AngelesCharter Cable - Channel 562 • Time Warner - Channel 155 Satellite NationwideDISH TV - Channel 279
https://wn.com/Professor_Sung_Won_Sohn_On_China's_Wealth_Management_Products
Top 10 Offshore Tax Havens You Can Still Stash Your Cash
5:48

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

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  • Duration: 5:48
  • Updated: 26 Apr 2016
  • views: 32583
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Get more Tips here! www.destinationtips.com Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts. Here is a list of the top 10 Biggest Tax Havens in the World. (Ranking is based on a combination of its secrecy score and scale weighting) #10 United Arab Emirates One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement. A large slice of the inbound money comes in the form gold. Secrecy Score: 77% Tax Haven Status: Tiny #9 Bahrain An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries. Secrecy Score: 74% Tax Haven Status: Small #8 Germany Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist Secrecy Score: 56% Tax Haven Status: Huge but Shifty #7 Lebanon Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient. Secrecy Score: 79% Tax Haven Status: Small and Secure #6 Luxembourg The most important private banking and wealth management center in the Eurozone. It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers. Breaking professional secrecy can result in a prison sentence Secrecy Score: 55% Tax Haven Status: Huge #5 The Cayman Islands Banking assets worth $1.4 trillion in June 2014. Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion. It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it. Secrecy Score: 65% Tax Haven Status: Aggressively Protective #4 Singapore A major wealth management center, with $1.4 trillion in assets under management in 2013. In 2014 it become Asia’s largest foreign exchange trading center. It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership. Secrecy Score: 69% Tax Haven Status: Intentionally Blind? #3 USA The U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities. Secrecy Score: 60% Tax Haven Status: Ironic #2 Hong Kong Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets. China’s control over Hong Kong has shielded it from global transparency initiatives. It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS. Secrecy Score: 72% Tax Haven Status: See-No-Evil #1 Switzerland Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934 However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders Secrecy Score: 73% Tax Haven Status: BOSS
https://wn.com/Top_10_Offshore_Tax_Havens_You_Can_Still_Stash_Your_Cash
Chinese banks’ wealth-management products face slowest growth in three years
2:22

Chinese banks’ wealth-management products face slowest growth in three years

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  • Duration: 2:22
  • Updated: 29 May 2017
  • views: 392
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Chinese banks' wealth-management products (WMP) have reported their slowest growth in three years, as financial regulators step up measures to rein in the ballooning sector. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
https://wn.com/Chinese_Banks’_Wealth_Management_Products_Face_Slowest_Growth_In_Three_Years
How to attract Chinese wealth to the Middle East?
2:59

How to attract Chinese wealth to the Middle East?

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  • Duration: 2:59
  • Updated: 24 Mar 2017
  • views: 990
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The Shanghai-based Hurun Report has released its first list of self-made billionaires living in the Gulf Coast countries of the Middle East. The company considers the list as part of its efforts to connect more Chinese entrepreneurs with the opportunities on offer in the region. CGTN’s Nawied Jabarkhyl has more. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
https://wn.com/How_To_Attract_Chinese_Wealth_To_The_Middle_East
Increased Chinese wealth leads to booming butler business
2:48

Increased Chinese wealth leads to booming butler business

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  • Duration: 2:48
  • Updated: 23 Aug 2017
  • views: 226
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With the number of wealthy Chinese businessmen and women steadily rising, the demand for qualified and affordable butlers is also increasing.
https://wn.com/Increased_Chinese_Wealth_Leads_To_Booming_Butler_Business
JPM’s U.S. Private Bank CEO: I never intended to be a banker
5:56

JPM’s U.S. Private Bank CEO: I never intended to be a banker

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  • Duration: 5:56
  • Updated: 25 Feb 2016
  • views: 1561
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Kelly Coffey always knew she wanted to run a business, but working that into a career at the No. 1 U.S. bank by assets wasn’t ever on her radar.
https://wn.com/Jpm’S_U.S._Private_Bank_Ceo_I_Never_Intended_To_Be_A_Banker