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Banking Sector Reforms

Banking Sector Reforms

Is China Following Japan's Footstep?

M. Kabir Hassan, Mohammad Dulal Miah

Cambridge University Press
Publication date : 2022-06-23

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China registered double-digit GDP growth for more than three decades. Recently, the rate has slowed down considerably. The slow growth period, which Chinese policymakers refer to as the 'new-normal', has created enormous curiosity among scholars and policymakers. In particular, scholars often tend to project if China is destined to follow Japan's fate. Insufficient reforms in the banking sector in commensuration with the real economy in Japan resulted in an unprecedented financial catastrophe. Similarly, an asymmetric development between the Chinese banking sector and the real economy is observed. This leads to an interesting question: is China destined to meet Japan's legacy? This Element attempts to answer this question. In so doing, it delves deep into the banking sector reforms of China. The Element concludes that China is not on course to meet an immediate financial chaos, but the country needs further banking reforms to avoid a potential crisis.

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About the book

Author

M. Kabir Hassan , Mohammad Dulal Miah

Imprint

Cambridge University Press

Collection

n.c

Publication date

2022-06-23

Pages

n.c

Print ISBN

9781009244800

Language

English

Ebook informations

EAN PDF

9781009244794

Price

£18.99

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File size 4413 Ko

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EAN EPUB

9781009244824

Price

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File size 4588 Ko

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About author(s)

M. Kabir Hassan

Mohammad Dulal Miah

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