Synopses & Reviews
The major components of the Chinese financial system as it existed by the end of 1990 are identified. The activities of each component, its relative importance, and the role which each is likely to play in the economy as it develops are discussed. The components of the system include the State Council, the People's Bank of China, the Banking Sector, the non-banking sector, and the financial market. Professor Zhang Yi-Chun and Mr. Ma Mingjia have access to documentation on the development of this financial system which is not available elsewhere.
Review
...The Chinese Financial System describes the reconstruction of China's central bank, the People's Bank of China, and the establishment of China's specialized banks, the non-banking sector, and the financial market from 1984 to the end of 1990....The book is very informative and is to be recommended to academicians and the general public.American Journal Of Chinese Studies
Synopsis
This book discusses the major components of the Chinese financial system in 1990 with their activities and the role each is apt to play.
Table of Contents
The Pre-1980 Experience
People's Bank of China: The Central Bank
Specialized Banks
Comprehensive Banks
NonBank Financial Institutions
The Interbank and Foreign Exchange Markets
Securities Markets
Foreign Banks in China
The Outlook for China's Financial System
Appendix
Index