Chinese state banks, which were considered technically insolvent in
the 1990s, are at present among the largest and most important
banks in the world. This book, based on the author's research and
also on his extensive experience of working in Chinese banks,
explores how Chinese banks' technical efficiency and organisational
flexibility have been achieved whilst ownership and control by the
Chinese Communist Party have continued. The author reveals a
distinctly non-Western approach to corporate governance, but one
that has nevertheless worked very well.
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