rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: China’s Financial System
    sub title: Growth and Inefficiency
  name:
    name part: De Rambures, Dominique.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Duenas, Felipe Escobar.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2017
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XIII, 195 p. 18 illus., 3 illus. in color. online resource.
  abstract: This book examines the volatile landscape of the Chinese economy and the barriers to its continuing development. The author argues that underlying inefficiencies in China’s financial system currently prevent the further growth of its institutions and inhibit reform of monetary and fiscal policy. Rambures shows that, despite efforts to avoid a “middle income trap”, such long-overdue structural reforms are still faced with strong resistance from both economic and political circles. Chapters discuss approaches in tackling the Chinese national debt, the recent stock exchange collapse and subsequent currency devaluation, declining trade surplus, the wariness of foreign investors and its negative impact on foreign exchange reserves, and the heavy burden of state-owned “zombie companies”. The discussion positions current economic events within the context of China’s transition from a foreign trade and investment-led economy to one that is propelled by domestic consumption, service industries and innovation. Crucially, Rambures also addresses financial trends with reference to pervasive long-term influencing factors such as an ageing population, increasing inequality, corruption, pollution and migration.
  table of contents: Introduction -- Chapter 1) China’s decision making system -- 2) A non-independent central bank -- Chapter 3) Chinese banks between profit and control -- Chapter 4) Marginalized foreign banks -- Chapter 5) Lending black market -- Chapter 6) Booming Internet banking -- Chapter 7) Financial market – I: state controlled institutions -- Chapter 8) Financial market – II: fast growing, but unsophisticated markets -- Chapter 9) An unconvertible international currency -- Conclusion.
  note: by Dominique De Rambures, Felipe Escobar Duenas.
  subject:
    topic: Finance
  subject:
    topic: International business enterprises
  subject:
    topic: Finance, Public
  subject:
    topic: Banks and banking
  subject:
    topic: Risk management
  subject:
    topic: Capital market
  subject:
    topic: Asia
    topic: Economic conditions
  subject:
    topic: Finance
  subject:
    topic: Public Finance
  subject:
    topic: Capital Markets
  subject:
    topic: Risk Management
  subject:
    topic: Banking
  subject:
    topic: Asian Economics
  subject:
    topic: International Business
  classification: HJ9-HJ9940
  classification: 336
  related item:
    title info:
      title: Springer eBooks
  identifier: 9783319404516
  identifier: http://dx.doi.org/10.1007/978-3-319-40451-6
  record info:
    record creation date: 170227
    record change date: 20170228021135.0
    record identifier: 978-3-319-40451-6