02167 a2200457 4500 1351715976 20250317111605.0 250312042019GB eng 9781351715973 Taylor & Francis GBP 41.99 BB 01 eng JBCT thema GTC thema GTM thema KC thema KFFM thema KJC thema NH thema 1FPC bisac JFD bic GTC bic GTB bic KC bic KFFM bic KJC bic H bic 1FPC bisac LAN004000 bisac BUS027000 bisac BUS027020 bisac COM087000 bisac SOC052000 bisac 332.04150951 bisac Zhifei Mao Digital Media and Risk Culture in China’s Financial Markets 1 Oxford Routledge 20190115 152 p This book analyzes the risk cultures in China that have emerged from the entanglement of new communication technologies and financial markets, examining the role that digital media play in Asian modernity and offering an alternative narrative to that of the West. The book illustrates the impact of exclusively Chinese digital media on power dynamics within risk definition, arguing that information and communication technologies (ICTs) empower individuals, enabling them to compete with an expert-oriented risk culture controlled by Government- and banker-led media outlets. With struggles, competitions, compromises, and confrontations, major communicators in financial world are collectively producing risk cultures based on interpersonal relations instead of contractual obligations, in which insider information is valued over professional analysis. Meanwhile, investors are trapped in a risk culture paradox that they themselves have produced, as they attempt to take advantage of other actors’ uncertainties and eventually produce risks for the entire market. 4455 4455