Financial Reform in China

1st Edition

On Kit Tam

Routledge
Published September 7, 1995
Reference - 216 Pages
ISBN 9780415019712 - CAT# RU7965
Series: Routledge Studies in the Growth Economies of Asia

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Summary

China's spectacular economic growth has made it the focus of international attention. Financial Reform in China argues that Chinese financial reform has failed to keep pace with its continuing economic growth.

With increased marketization and internationalization, China's financial and monetary system should play a pivotal role in economic reform and development. However China's banking and financial organizations still operate under a highly regulated environment shaped by the centrally planned economic system, and this slow financial reform has failed to meet the demands of more general economic reform.

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