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Financial Reform in China
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Financial Reform in China
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eBook
Financial Reform in China
2018,2017
Overview
iThis book focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy.
The book looks at China's current financial system in terms of \"extractive\" and \"inclusive\". It asserts that the financial sector is producing huge \"siphonic effects\" that distort the overall development of the Chinese economy. Like a giant magnet, the financial sector attracts too many innovation factors, such as talents, capital and entrepreneurship away from the real economy and inhibits the development of the latter. Hence, the book argues that China's financial system must now be thoroughly reformed to become an inclusive financial system, where finance and the rest of the economy can co-exist and develop in support of each other.ii
iii
Publisher
Routledge,Taylor and Francis,Taylor & Francis Group,Routledge Taylor & Francis Group
Subject
ISBN
1138736031, 9781138736030, 0367374870, 9780367374877
