Chinese Banking Reform - From the Pre-WTO Period to the Financial Crisis and Beyond

This book is a wide-ranging and timely overview of the contemporary Chinese banking system. It charts the vast changes in Chinese banking from before China's admission to the WTO in 2001 to more recent regulatory reform and developments in the shadow banking sector.
The book begins with an economic history of the mono-banking system, and a critical discussion of reforms taken by the government in preparation for China's entry to the WTO. The second part of the book discusses banking regulation and government policy during and after the global financial crisis in 2008-2009 and their impact on banking, including recent developments. Finally, the book concludes an empirical analysis of the impact of banking reforms on a number of important issues, including bank efficiency, capital structure, competition and financial stability, and risk taking behaviour, and a review of the relevance of shadow banking and internet banking.

List of contents

1.- Introduction.- 2. The Evolution of the Chinese Banking Sector.- 3. Bank Reform and Bank Efficiency.- 4. Banking systems in BRICS A comparative perspective.- 5. Competition.- 6. Shadow Banking. 7. Internet Finance.- 8. Pawn Broking. Conclusions and Policy Implications.

About the author

Chunxia Jiang is Senior Lecturer in Economics at Middlesex University Business School, UK. She was a visiting researcher at BOFIT (Bank of Finland) in 2013.
Shujie Yao is Professor and Head of the School of Contemporary Chinese Studies, University of Nottingham, and Special Chair Professor of Economics at Xi'an Jiaotong University in China. 

Summary

First systematic study to provide a comprehensive examination of the effect of Chinese banking reform
Provides insights into major emerging/developing economy issues such as the importance of the state sector, increasing foreign bank presence, rapid growth, and being in a phase of major economic and financial change
Uses econometric studies to address bank technical efficiency, yet also provides a statement of where the Chinese banking system is heading in the future

Product details

• Authors: Chunxi Jiang, Chunxia Jiang, Shujie Yao
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2018
• EAN: 9783319876733
• ISBN: 978-3-31-987673-3
• No. of pages: 331
• Dimensions: 148 mm x 18 mm x 210 mm
• Weight: 455 g
• Illustrations: XIV, 331 p. 32 illus.
• Series: The Nottingham China Policy Institute Series
• Subjects: Social sciences, law, business > Business > Economics; B, Economic Policy, Economics, Banking, Financial Services, Economics and Finance, Political Economy, Management science, Economy-wide Country Studies, Asia—Economic conditions, Asian Economics, Banks and banking, Political Economy and Economic Systems, Political Economy/Economic Systems