Capitalizing China

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  • Capitalizing China Book Detail

  • Author : Joseph P. H. Fan
  • Release Date : 2013
  • Publisher : University of Chicago Press
  • Genre : Business & Economics
  • Pages : 401
  • ISBN 13 : 0226237249
  • File Size : 6,6 MB

Capitalizing China by Joseph P. H. Fan PDF Summary

Book Description: La 4e de couverture indique : "Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement of all senior personnel in all regulatory agencies, all state-owned enterprises (SOEs), and virtually all major financial institutions state-owned enterprises (SOEs), and senior Party positions in all but the smallest non-SOE enterprises, retains sole possession of Lenin's Commanding Heights. The chapters in this volume examine China's high savings rate, banking system, financial markets, financial regulations, corporate governance, and public finances; and consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries."

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