Product Description: Informal finance consists of nonbank financing activities, whether conducted through family and friends, local money houses, or other types of financial associations. It has provided much-needed financing to small and medium enterprises (SMEs) in particular, in the face of a tightly constrained and overburdened formal banking system...read more

Product Description: China’s emerging financial markets reflect the usual contrast between the country’s measured approach toward policy, regulatory, and market reform, and the dynamic pace of rapid economic growth and development. But they also offer unusual challenges and opportunities...read more

Product Description: During the ongoing economic reform process in China there have been huge developments within the financial sector. Gu Yang gives a comprehensive overview of the current state of China’s financial system and its institutions...read more

Product Description: " The book is a problem-oriented study of China's financial sector in the transitional process since 1979. It provides deep and precise insights into the characteristics and problems of China's financial sector with respect to investment finance, the central banking and commercial banking systems, the financial market, and the legal and institutional framework of bank supervision in China...read more

Product Description: This book is a systematic study of monetary policy and financial institution in China during its decentralisation- and market-oriented economic reform. It not only contains substantial information on money and finance and the operation of financial institutions in China, but also identifies mechanisms of the monetary expansion as the general feature of monetary policy...read more

Product Description: Analyzing the evolution of China's financial reforms since Deng Xiaoping gained firm control of the CCP leadership in 1978, this book examines the reforms from a political economic perspective and explores the complex interactions between the actors shaping the reform process...read more