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China's Emerging Financial Markets - Challenges and Opportunities (Paperback, 2009 ed.)
Loot Price: R4,247
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China's Emerging Financial Markets - Challenges and Opportunities (Paperback, 2009 ed.)
Series: The Milken Institute Series on Financial Innovation and Economic Growth, 8
Expected to ship within 10 - 15 working days
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China's emerging financial markets reflect the usual contrast
between the country's measured approach toward policy, regulatory,
and market reform, and the dynamic pace of rapid economic growth
and development. But they also offer unusual challenges and
opportunities. In the past five years, the pace of opening and
reform has accelerated sharply. Recapitalization and partial
privatization of the largest banks, and the allowance of some joint
venture and branch operations for foreign financial institutions,
are making rapid headway in developing and expanding financial
services and improving access to domestic business and households.
This book provides the most extensive look available at the
evolving Chinese financial system. It begins with alternative
perspectives on the evolution of the financial system and the broad
outlines of its prospects and potential contribution to economic
growth. Three articles review broad aspects of the financial
system. Franklin Allen, Jun ''QJ'' Qian, Meijun Qian, and Mengxin
Zhao lead off with overviews of the banking system and performance
of the equity market and other institutions.
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