The book looks at China's current financial system in terms of "extractive" and "inclusive". It focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Changwen Zhao is Research Fellow and Director-General of the Research Department of Industrial Economy of the Development Research Center of the State Council (DRC), China.
Hongming Zhu is Associate Research Fellow in the Financial Research Institute, Development Research Center of the State Council (DRC), China.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy.The book looks at China's current financial system in terms of 'extractive' and 'inclusive'. It asserts that the financial sector is producing huge 'siphonic effects' that distort the overall development of the Chinese economy. Like a giant magnet, the financial sector attracts too many innovation factors, such as talents, capital and entrepreneurship away from thereal economy and inhibits the development of the latter. Hence, the book argues that China's financial system must now be thoroughly reformed to become an inclusive financial system, where finance and the rest of the economy can co-exist and develop in support of each other. 202 pp. Englisch. N° de réf. du vendeur 9780367374877
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