The Evolution of China's Banking System, 1993–2017

Guy Williams author

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:9th Jul '18

Currently unavailable, and unfortunately no date known when it will be back

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The Evolution of China's Banking System, 1993–2017 cover

This book traces the development of China’s banking system through the first 25 years of China’s socialist market economy up to the present. It examines how China’s leaders have chosen their own path for reforming and regulating the banking sector and shows how this approach has differed significantly from the neoliberal approach promoted by the West. The book demonstrates the effectiveness of the Chinese approach, contrasting China’s relative success in weathering the Asian financial crisis with the huge disruption experienced by other East and Southeast Asian nations which had followed the neoliberal model much more closely. The book explains how China’s officials were able to resist the persistent efforts of foreign financial institutions to gain control of China’s financial sector, particularly around the time of China’s entry to the World Trade Organization. It argues that China’s increasing influence in international financial institutions after the global financial crisis can help mitigate the risk of future financial crises and promote global financial stability.

ISBN: 9781138496972

Dimensions: unknown

Weight: 410g

176 pages