China's spectacular economic growth has made it the focus of international attention. Financial Reform in China argues that Chinese financial reform has failed to keep pace with its continuing economic growth. With increased marketization and internationalization, China's financial and monetary system should play a pivotal role in economic reform and development. However China's banking and financial organizations still operate under a highly regulated environment shaped by the centrally planned economic system, and this slow financial reform has failed to meet the demands of more general economic reform.
ISBN: | 9780415019712 |
Publication date: | 7th September 1995 |
Author: | On Kit Tam |
Publisher: | Routledge an imprint of Taylor & Francis Ltd |
Format: | Hardback |
Pagination: | 210 pages |
Series: | Routledge Studies in the Growth Economies of Asia |
Genres: |
Social and ethical issues |