China's Financial System under Transition (Paperback, 1st ed. 1998)

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 of the Shanghai financial markets.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Series:	Studies on the Chinese Economy
Release date:	1998
First published:	1998
Authors:	Xiaoping Xu
Dimensions:	216 x 140 x 14mm (L x W x T)
Format:	Paperback
Pages:	227
Edition:	1st ed. 1998
ISBN-13:	978-1-349-26460-5
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Economics > Macroeconomics > General Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance > General
LSN:	1-349-26460-1
Barcode:	9781349264605

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