The Development of the Chinese Financial System and Reform of Chinese Commercial Banks

Business & Finance, Economics, International Economics, Finance & Investing, Banks & Banking
Cover of the book The Development of the Chinese Financial System and Reform of Chinese Commercial Banks by D. Luo, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: D. Luo ISBN: 9781137454669
Publisher: Palgrave Macmillan UK Publication: March 8, 2016
Imprint: Palgrave Macmillan Language: English
Author: D. Luo
ISBN: 9781137454669
Publisher: Palgrave Macmillan UK
Publication: March 8, 2016
Imprint: Palgrave Macmillan
Language: English

The Chinese financial sector, despite having been developed at a much later stage compared with other developed nations, has achieved substantial progresses over the past decades. By the end of 2014, a total of 16 commercial banks had been listed on the stock exchanges, exerting strong impact onto the market indices and contributing significantly to the country's sustained economic growth. This book reviews the evolution of the Chinese financial system, examining the effectiveness of reform strategies made by the government over the last ten years. The first chapter offers a comprehensive review of the development of the Chinese banking sector and the state-owned banks (SOBs). The second chapter focuses on the efficiency of the Chinese banking sector. Employing data envelopment analysis (DEA) and stochastic frontier analysis (SFA), the author tests the change of efficiency within the Chinese banking sector over the past decade. It also looks at the strategy adopted by the Chinese government as the final attempt in reforming its troublesome SOBs and the effectiveness of such a reform strategy. The next chapter examines the corporate governance practise of the Chinese commercial banks, and the author follows by investigating the effect of the 2007 US credit crunch on Chinese banks and the country's wider economy. Other chapters survey the influence of foreign entry to the Chinese domestic banking sector, and the development of shadow banking in China. The author concludes by discussing the role of the central bank, namely the People's Bank of China (PBOC), and its role in implementing effective policies to promote economic growth.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The Chinese financial sector, despite having been developed at a much later stage compared with other developed nations, has achieved substantial progresses over the past decades. By the end of 2014, a total of 16 commercial banks had been listed on the stock exchanges, exerting strong impact onto the market indices and contributing significantly to the country's sustained economic growth. This book reviews the evolution of the Chinese financial system, examining the effectiveness of reform strategies made by the government over the last ten years. The first chapter offers a comprehensive review of the development of the Chinese banking sector and the state-owned banks (SOBs). The second chapter focuses on the efficiency of the Chinese banking sector. Employing data envelopment analysis (DEA) and stochastic frontier analysis (SFA), the author tests the change of efficiency within the Chinese banking sector over the past decade. It also looks at the strategy adopted by the Chinese government as the final attempt in reforming its troublesome SOBs and the effectiveness of such a reform strategy. The next chapter examines the corporate governance practise of the Chinese commercial banks, and the author follows by investigating the effect of the 2007 US credit crunch on Chinese banks and the country's wider economy. Other chapters survey the influence of foreign entry to the Chinese domestic banking sector, and the development of shadow banking in China. The author concludes by discussing the role of the central bank, namely the People's Bank of China (PBOC), and its role in implementing effective policies to promote economic growth.

More books from Palgrave Macmillan UK

Cover of the book A New Era in Focus Group Research by D. Luo
Cover of the book Fiscal Sustainability and Competitiveness in Europe and Asia by D. Luo
Cover of the book Creativity — A Sociological Approach by D. Luo
Cover of the book Cloud Computing in Financial Services by D. Luo
Cover of the book The Ethics of Risk by D. Luo
Cover of the book Good Jobs and Social Services by D. Luo
Cover of the book Global Marriage by D. Luo
Cover of the book Health, Ethnicity and Diabetes by D. Luo
Cover of the book Southeast Asia and the English School of International Relations by D. Luo
Cover of the book Victorian Writers and the Stage by D. Luo
Cover of the book Émigré Scholars and the Genesis of International Relations by D. Luo
Cover of the book Working Time, Knowledge Work and Post-Industrial Society by D. Luo
Cover of the book Structural Revolution in International Business Architecture by D. Luo
Cover of the book Popular Theatre and Political Utopia in France, 1870—1940 by D. Luo
Cover of the book Childhood, Youth and Emotions in Modern History by D. Luo
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy