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The article presents edited excerpts from the article "Could a New Consumer Policy Pay Off?," by Zuo Xiaolei, which appeared in the August 19, 2009 issue of "China Securities Journal." The author considers the launch of consumer finance companies as a positive development for China's financial sector to open up to domestic investment. It is suggested that the participation of private investment in the competition for financial services will benefit the financial industry.

An excerpt from an article published in "China Securities Journal" is presented, about the power of China to overcome the 2009 recession.

This article contends that there is no possibility that an economic crisis will happen in China in the near future. The technical definition of a recession is a decline of gross domestic product in two consecutive quarters. China's economic growth is hitting 10 percent and there are no signs that this rate will decline in the near future. Ben Bernanke, chairman of the U.S. Federal Reserve Board, is of the opinion that there will be no economic crisis in the near future for China. Several indicators are analyzed to determine the likely direction of China's economy.

The author comments on the new financial regulatory law in the U.S., the Banking Act of 1933, and its impact on emerging economies. She believes that the bill is the most comprehensive and strict supervisory law in the U.S. history. She explains that the law introduces the separation of bank types into commercial banking and investment banking. She cautions emerging economies into thinking that what is being practiced in the U.S. is the right way of solving problems.