Microcredit: Microcredit In China
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There are two articles of interest. One, an article by You Nuo within the Brunei Occasions on how there was a state managed experiment in microcredit in China within the 11th century which failed resulting within the Prime Minister Wang Anshi who introduced it almost destroying the dynasty he was working for. Wang Anshi (1021-86), the reform-minded prime minister of the Northern Song Dynasty (960-1127), practised it when he started to tinker with the imperial monetary system and render credit to all farmers.
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