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Glenn Luk
GlennLuk
I have spent a ton of time on this topic and I pretty much disagree with everything in this thread.This view is informed by analysis of actual real-world numbers and
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In the inaugural “charts & data” column I show how high-speed rail is becoming increasingly affordable in China and changing passenger behavior.https://lukecapital.substack.com/p/charts-data-1-hsr-affordable?r=29q0o&utm_campaign
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I think it has to do with these recently proposed regulations regarding minimum capital requirements for fintech companies by the PBOC and CBIRC: https://www.regulationasia.com/pboc-cbirc-issue-draft-rules-for-small-loans-businesses/ https:
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