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Item Details
| Title:
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FINANCIAL REFORM IN CHINA
THE WAY FROM EXTRACTION TO INCLUSION |
| By: |
Changwen Zhao, Hongming Zhu |
| Format: |
Electronic book text |
| List price:
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£34.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1351736191 |
| ISBN 13: |
9781351736190 |
| Publisher: |
TAYLOR & FRANCIS LTD |
| Pub. date: |
27 July, 2017 |
| Series: |
Routledge Studies in the Modern World Economy |
| Pages: |
200 |
| Synopsis: |
This 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 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 could co-exist and develop in support of each other. |
| Illustrations: |
46 Line drawings, black and white; 19 Tables, black and white; 46 |
| Publication: |
UK |
| Imprint: |
Routledge |
| Returns: |
Non-returnable |
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