Yuanyuan Peng – The Chinese Banking Industry
Description:
This book provides detailed systematic micro-level analysis of the historical development of the Chinese banking industry, focusing in particular on the development of the Bank of China (BOC) in the period 1905 to 1949.
Banking reform is a key area of China’s economic transformation, and this book, bringing a vast amount of material to a Western audience for the first time, provides a detailed evidence of the key challenges faced by a major Chinese bank. The book:
addresses important issues in its evolution, including corporate governance government intervention, foreign competition and white-collar crime
evaluates how the challenges in these areas were met
considers the results of its efforts
draws lessons for policy making today.
Financial Development Course
Financial development means some improvements in producing information about possible investments and allocating capital, monitoring firms and exerting corporate governance, trading, diversification, and management of risk, mobilization and pooling of savings, easing the exchange of goods and services.
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