China’s Financial System Growth and Inefficiency /

• Main Authors: De Rambures, Dominique (Author), Duenas, Felipe Escobar (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017.
• Subjects: Finance.; International business enterprises.; Finance, Public.; Banks and banking.; Risk management.; Capital market.; Asia > Economic conditions.; Public Finance.; Capital Markets.; Risk Management.; Banking.; Asian Economics.; International Business.

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. Ram...

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.