China's Financial System Under Transition - Paperback
by Xiaoping Xu
$54.99
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Availability:In StockContributor:Xiaoping XuSeries:Studies on the Chinese EconomyTheme:Chronological Period/1970's, Chronological Period/1980's, Chronological Period/1990's, Cultural Region/Chinese, Cultural Region/East Asian, Ethnic Orientation/ChinesePublish date:1/1/1998Pages:227
Languages:EnglishPublisher:Palgrave MacMillanISBN-13:9781349264605ISBN-10:1349264601UPC:9781349264605Book Category:Business & Economics, HistoryBook Subcategory:International, Asia, EconomicsBook Topic:Economics & Trade, China, MacroeconomicsSize:8.50 x 5.50 x 0.55 inchesWeight:0.313Product ID:SC7JF3SZHP
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.
Languages:EnglishPublisher:Palgrave MacMillanISBN-13:9781349264605ISBN-10:1349264601UPC:9781349264605Book Category:Business & Economics, HistoryBook Subcategory:International, Asia, EconomicsBook Topic:Economics & Trade, China, MacroeconomicsSize:8.50 x 5.50 x 0.55 inchesWeight:0.313Product ID:SC7JF3SZHP
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