In the early 2010s, JC Penney was trying to reinvent itself in the retail clothing industry. With the widespread growth of internet access, online shopping quickly gained popularity as physical stores and malls struggled to adapt and match. However, even among its peers that were placed under similar circumstances, JC…

BACKGROUND

Explaining the organization of China’s banking system is crucial to understanding its financial structure. China’s banking sector has expanded exponentially “from $10.2 trillion in 2009 to $41.6 trillion at the end of 2019”, making it the largest banking sector in the world (Bisio 4). It also wields the greatest…

Why the Eurozone Crisis of 2010 Happened

The Euro Area Crisis of 2010, known as the European Sovereign Debt Crisis, was a financial crisis that extended from the U.S. Financial Crisis of 2008. As the name suggests, the primary culprit of the financial crisis had much to do with periphery…

Jin Qiu

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store