The Chinese financial system Sino-centricity and orchestrated control
The financial system in China : ruled by the state -- Performers of the Chinese financial system -- Evolution of the Chinese financial system -- Financing infrastructures -- Investing abroad : the primacy of geopolitics over business -- Technology in the banking industry -- The financial impact of C...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
New Jersey
World Scientific
2024
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| Schriftenreihe: | World Scientific series in Chinese business, innovation, investment and economic growth
volume 1 |
| Schlagworte: | |
| Online Zugang: | Inhaltsverzeichnis |
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Tag hinzufügen | Zusammenfassung: | The financial system in China : ruled by the state -- Performers of the Chinese financial system -- Evolution of the Chinese financial system -- Financing infrastructures -- Investing abroad : the primacy of geopolitics over business -- Technology in the banking industry -- The financial impact of Chinese societal challenges -- New perspectives. "With a strategic and geopolitical view on China's financial system, this book explores a number of roles that it plays in the world's second largest economy. The first key mission has been the financing of the domestic economy. The second one has been the financing of infrastructures (transportation, energy, and telecommunication) to offer companies a conducive environment to develop manufacturing facilities. Thirdly, it supports Chinese foreign investment. The final and most recent role is the active use of technology in finance and investment to collect big data. The book supports three theses. The first thesis argues that finance and investment are not only the product of market forces but also other dimensions like regulations, geopolitics, technology and internal governance. Another thesis is that the State Council is metaphorically the conductor, and financial and economic actors are the performers who must imperatively follow the conductor. Last but not least, the third thesis is that the sino-centric perspective adopted by the Chinese authorities impedes foreign entry. Contrary to industries opened to foreign companies, the Chinese government left ajar the door to banking industry - characterizing foreign banks as marginal actors in the system." |
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| Beschreibung: | Includes bibliographical references |
| Beschreibung: | xxxii, 219 Seiten Illustrationen |
| ISBN: | 9789811276255 978-981-12-7625-5 |