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.
| ISBN: | 9781349264605 |
| Publication date: | 1st January 1998 |
| Author: | Xiaoping Xu |
| Publisher: | Palgrave Macmillan |
| Format: | Paperback |
| Pagination: | 227 pages |
| Series: | Studies on the Chinese Economy |
| Genres: |
Macroeconomics Political science and theory Public finance and taxation |
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.
China’s Financial System under Transition features in the following genres: Macroeconomics, Political science and theory, Public finance and taxation
Paperback. £40.49, down from the £44.99 cover price. Not Available.
China’s Financial System under Transition was written by Xiaoping Xu and published by Palgrave Macmillan
China’s Financial System under Transition has 227 pages
Yes it is part of Studies on the Chinese Economy series
£40.49, reduced from £44.99. Not Available.