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China's Financial System Under Transition
Xiaoping Xu
€ 61.69
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Description for China's Financial System Under Transition
Paperback. Series: Studies on the Chinese Economy. Num Pages: 242 pages, biography. BIC Classification: JPA; KCB; KFFD. Category: (G) General (US: Trade). Dimension: 216 x 140 x 14. Weight in Grams: 316.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
1998
Publisher
Palgrave Macmillan United Kingdom
Number of pages
242
Condition
New
Series
Studies on the Chinese Economy
Number of Pages
227
Place of Publication
Basingstoke, United Kingdom
ISBN
9781349264605
SKU
V9781349264605
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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