Chinese economic development is placing increasing demands on the financial sector. There are many aspects to this, including the pressing need to upgrade institutional capacity. Some aspects of the challenge expose deeper issues. This note focuses on one pervasive aspect. It points out how three major emerging development problems of the Chinese financial system - regional misallocations, the equity overhang, and the funding of infrastructure, each...
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INFORMATION
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2004/08/01
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Document de travail
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44352
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1
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1
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2010/07/01
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Disclosed
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Finance in China - Removing ambiguity over governments role
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financial system
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