2 Reforming China ’ s Banking System : How Much Can Foreign Strategic Investment Help ?


The problems of the Chinese financial system, and particularly of its banks, have been well known. Since the reform era began in 1978, steady progress has been made in transforming the financial system, despite which some core problems of the financial system remain unresolved:1 The financial system is unbalanced and underdeveloped. The securities markets… (More)

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