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portada The Evolution of China's Banking System, 1993–2017 (Routledge Studies on the Chinese Economy)
Type
Physical Book
Publisher
Language
English
Pages
176
Format
Paperback
ISBN13
9780367589127
Edition No.
1

The Evolution of China's Banking System, 1993–2017 (Routledge Studies on the Chinese Economy)

Guy Williams (Author) · Routledge · Paperback

The Evolution of China's Banking System, 1993–2017 (Routledge Studies on the Chinese Economy) - Guy Williams

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Synopsis "The Evolution of China's Banking System, 1993–2017 (Routledge Studies on the Chinese Economy)"

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.

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The book is written in English.
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