Debt and Distortion Risks and Reforms in the Chinese Financial System /

• Main Author: Armstrong-Taylor, Paul (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
• Subjects: Finance.; Finance, Public.; Investment banking.; Securities.; Risk management.; Capital market.; Finance > History.; Risk Management.; Public Finance.; Investments and Securities.; Capital Markets.; Financial History.

China’s unprecedented growth has transformed the lives of its people and impacted economies across the globe. The financial system supported this growth by providing cheap loans to boost investment and, in a virtuous cycle, rapid growth insured that these loans could be repaid. However, in recent ye...