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China's Banking System: Issues for Congress

China's Banking System: Issues for Congress

Paperback

International Relations

ISBN10: 148184640X
ISBN13: 9781481846400
Publisher: Createspace
Published: Dec 26 2012
Pages: 52
Weight: 0.32
Height: 0.11 Width: 8.50 Depth: 11.02
Language: English
China's banking system has been gradually transformed from a centralized, government-owned and government-controlled provider of loans into an increasingly competitive market in which different types of banks, including several U.S. banks, strive to provide a variety of financial services. Only three banks in China remain fully government-owned; most banks have been transformed into mixed ownership entities in which the central or local government may or may not be a major equity holder in the bank.

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International Relations