Supplies an analysis of why institutions and informal financial networks still play an extremely significant part in China's market in the 21st century. Although China has emerged as one of the fastest growing economies on the planet, it suffers from a weak financial system dominated by state-controlled banks and seriously limited access to capital for private entrepreneurs and consumers.
The case demonstrates how regulatory environment that is economic, the political climate and societal approaches towards lending practices have shaped the strategy to and structure of financing private enterprises over time. Additionally, it addresses the reply of the Chinese government to the resilient curb market in the context of the economic reforms and policy changes for the financial and banking sector.
PUBLICATION DATE: January 16, 2009 PRODUCT #: 809111-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING