China's banking system appears to be in permanent revolution. This book captures the most recent developments, focusing on the years 2000-2006, and provides a broad overview of all aspects of banking in China today. In four substantive parts, the book covers the financial infrastructure (legal and regulatory environment, exitrnmechanisms, role of the state, foreign banks), specific issues of China's banking system (financial intermediation, non-performing loans, capital adequacy and risk management, governance and corruption), the different types of banks, and future challenges (retail banking, impact of the new capital accord, WTO accession). Some 20 annexes on topics as diverse as the credit plan, asset management companies, and rural co-operative funds each constitute a mini-chapter of their own.
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