China’s Financial System under Transition (Studies on the Chinese Economy) [9781349264605]

Overview

The transformation of China's economy has involved major changes in the financial sector. This book offers a detailed and authoritative guide to financial reform in China since 1979. Bank loans replaced budgetary grants as the most important source of funds for investment. A two-tier financial structure, consisting of a central bank and a newly created specialised commercial bank, developed. Nonbank financial institutions also mushroomed. The book outlines the process of change, compares these changes to the earlier mono-banking system, and shows the problems which remained - including the lack of a proper financial control mechanism. There is a detailed case-study of the Shanghai financial markets.

The book, China’s Financial System under Transition (Studies on the Chinese Economy) [Bulk, Wholesale, Quantity] ISBN#9781349264605 in Paperback by Xiaoping Xu may be ordered in bulk quantities. Minimum starts at 25 copies. Availability based on publisher status and quantity being ordered.